An Economist Says He Expects Rents To Fall Over The Next Year
Cormac Lucey says the country is already in recession, which in turn will lead to a decrease in job growth and increase in unemployment, especially in the gig economy.
The pandemic has led to huge market uncertainty, with the latest figures from the exchequer showing July's tax take was down €983 million compared to the same month last year.
The latest Daft.ie rent report reveals the average rent in the city is now €1,397 and €1,036 in the County.
Speaking to RedFM News, Sunday Times economics writer Cormac Lucey says changes in how we source employees will relieve pressure on renters:
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Lord Mayor Of City Felt Privileged To Represent Cork During Such A Difficult Time As He Faces Into Last Month In Office
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Expert calls for people to reduce meat intake
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International Care Day Is Being Celebrated At The Bessborough Centre In Blackrock Today
The event highlights the positive impact of the experience of young people in care
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UPDATE: Teenage Girl Killed And Three Teenage Boys Injured In Knocknaheeny Crash
It's understood the teenage driver of the car fled the scene on foot
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Angry Farmers To Stage Protest Outside Aldi in Mitchelstown Later
They're appealing to retailers to come to the talks table
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UPDATE: Toddler Who Was Injured At Her Home On The Boreenmanna Road Has Died
The two year-old was rushed to hospital with traumatic head injuries