Rent hikes in city are 'devastating for families'
A leading housing charity has reported a spike in tenants being hit with rent hikes, as letting costs hit record highs.
Threshold, a national housing charity, has said its advice service has seen a 26pc increase in tenants getting in touch for advice over rent reviews.
A Daft report, published this week, found that rents in the capital are 10pc higher than their Celtic Tiger 2006 peak, with a three-bed house in Dublin 8 now commanding an average of €1,800 per month.
Commuter counties have also been hit with rent increases, including Meath, where rents have increased by 15.8 per cent in the past 12 months.
Threshold has warned the rising rents have had a "devastating" effect on families and are pushing people to the brink of homelessness.
"The latest Daft.ie report confirms that the exponential rate of rent increases is having devastating impacts on social cohesion and, without urgent action, rents will continue to rise," Threshold's Dublin manager Stephen Large said.
He warned that, without Government intervention, the number of homeless families will continue to increase.
"Here in Threshold, we speak to hundreds of individuals and families around the country every day who are suffering due to rapidly increasing rents and difficulty finding affordable accommodation.
"The increase in the number of people approaching us for advice on rent reviews and increases underlines the pressure tenants are under. If these issues are not addressed, we will see the number of homeless families continue to rise."
Threshold also highlighted the difficulties for families in receipt of rent allowance. A family seeking a three-bed house in Dublin, who are in receipt of rent supplement with a limit of €1,300 per month, are now 29pc below current market rent, according to the charity.
Threshold runs a Tenancy Protection Service for tenants who are at risk of homelessness.
The number of homeless families in Dublin recently passed 1,000 for the first time.