One in Eight Renters Paying Half Their Monthly Income On Rent
One in eight renters in Ireland are spending more than half of their monthly income on rent.
The Residential Tenancies Board also found that half of renters in Ireland are spending around a third of their take-home pay on rent.
There's a suggestion in the study that some landlords will look to leave the market in the coming years, which will increase pressure on supply and see rents increase quickly.
More from Cork
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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Eating too much meat can increase the risk of serious illnesses by as much as 30%.
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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It's understood the teenage driver of the car fled the scene on foot
Angry Farmers To Stage Protest Outside Aldi in Mitchelstown Later
They're appealing to retailers to come to the talks table
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