It’s claimed the county’s lack of housing stock has become a deterrent for investors hoping to set up or expand businesses here.
The latest figures from the Residential Tenancies Board show the cost of renting a home in this county has shot up by 10% to an average monthly price of just under €680 – it represents a rise of €150 in just two years.
Cormac O’Sullivan of DNG O’Sullivan Hurley in Ennis says that almost 30% of the entire sales market this year has been made up of landolords exiting the market, which has further compounded the issue.
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He’s been telling Clare FM’s Fiona Cahill that rents will continue to rise in 2018 unless the Government takes urgent action:
