One in five Dublin residents is renting their home , more than at any other time since quarterly reports were instituted . The average rent in the area will rise by between 5 % and 6 % annually , and is expected to hit € 2,000 by 2019 , according estate agent reports . Analysis of the Irish private housing market found that the number of renters has risen 4.6 % in the past year , and 42 % since Q2 2007 . In 2000 , just 10 % of residents in the area were unemployed .
One in four Dublin residents is renting their home, more than at any other time since quarterly records were instituted. The average rent in the area will rise by between 5% and 6% annually, and is expected to hit €2,000 by 2019, according estate agent Savills. Analysis of the Irish private rental market found that the number of renters has risen 4.6% in the past year, and 42% since Q2 2007. In 2000, just 10% of residents in the area were renting.