Kildare students will suffer as rents increase – Daly

Kildare students will be among those who suffer as a result of the major increase in rent which is being sought in our major towns according to Fine Gael’s Cllr Richard Daly.

“With supply of rental accommodation at an all time low there is enormous increase on the rents being demanded at this time. The surge in rental price heralds good news for the investors and the housing sector but in the interim it will place increased pressure on students who will have to compete with up to a 20% decrease in the amount of rental property and an average of 12% rental cost increase.

Students will have to compete with both the increase in interest rate and the arrival of thousands of new Europeans which are causing much of the increase in demand leading to higher rents.” said Cllr Daly

“First time college students who will need accommodation face the difficult task of trying to secure accommodation before they know their Leaving Cert results which will secure their college place.”