Cork Rent Pressure Zones Not Having Desired Impact
Rent pressure zones in Cork are not having the desired impact.
That's according to Cork Simon who says the average rent in Cork now stands at €1200 that's a 10% annual increase nationally - and well above the 4 percent hike allowed in so-called rent pressure zones.
In the county rent stands at over €860 and the availability of rental property across the city and county is at an all time low..
Speaking to RedFM News Cork Simon's Paul Sheehan says the rent pressure zones are ineffective as the Government is not policing them
More from Cork
Cork's Scoil Mhuire at Sidney Place Voted As One Of The Best Secondary Schools In Ireland
The all girls school is second only to Laurel Hill Colaiste FCJ in Limerick
Liam Miller Updates To Be Found On Social Media
Anyone going to the tribute game are advised to check media platforms leading up to the event
Emergency Crews Carry Out Rescue In Quay In Cobh
A member of the public raised the alarm at around 10 o'clock last night
Premature Babies That Are Fed Breast Milk Show Better Brain Development Than Those Given Formula
That's according to new research from the University of Edinburgh
Ireland's Community Air Ambulance Service Will Not Have A Doctor On Board As Part Of Its Medical Crew
The service will cost €2 million to run annually
Property Prices Are On The Increase Across The Country, Including Cork
The average asking price for a three-bed semi-detached house in Cork is up 4.5% this year