Ronan Lyons | Personal Website
Ronan Lyons | Personal Website

Rents on the rise in the cities – a bad signal but a good sign?

  • Vincent ,

    Looking at that chart there would seem to be a cartel in operation. That level of mirroring has a hand behind it. Look at Oct-Dec 09

    • Don ,

      @Vincent in order for a cartel to be operating, all landlords in the same sector would need to be in collusion. Seems extremely unlikely to me

      • Rents up in Dublin and Cork cities but generally stable – report | Irish Free Press ,

        […] Economist Ronan Lyons, who compiled Daft.ie’s report, told TheJournal.ie that there are still more rental properties available outside the cities than current demand, but that isn’t the case in the cities.  Instead, rents are actually going up a little bit in cities. […]

        • Dara ,

          Instead of YoY % change, do you have a per region chart that just shows a bar for average rent for each month? thanks.

          • Vincent ,

            No Don, not the landlords in collusion but the agents.
            As we’ve no measure of actual rents anymore that we’ve one for house prices. So this is wide open to manipulation. And anyone glancing at the triple tango on that chart could only come to that conclusion. Especially since that chart in geographic terms counts everything inside a 150 mile arc.

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