Cost rental: Bridging the gap between social housing and the market

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 98%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Despite slow start, cost rental has potential to lower rents and create more mixed estates

Clúid launched the State’s first cost rental homes in Taylor Hill, Balbriggan, Co. Dublin. Photograph: Nick Bradshaw

By the end of this decade, low- and middle-income workers who have struggled to afford rents demanded in the private rental sector, will have 18,000 “cost-rental” homes available to them, according to the Government’s Housing for All plan. Cost-rental refers to a system where rents are based on the cost of building, managing and maintaining the homes, and not market rates. It also offers security of tenure with leases of several years duration available to qualifying tenants.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

And politicians are going to grant another 17,000+ undocumented intruders to worsen the situation.

Was like that for 20 years here in the States. Finally got into social housing after seven years on wait list. Spent all of those years+($$) moving b/c my rent would increase every year. It keeps disabled/old people vagabonds in their own land. Shameful.

Terrible to see that this is an issue (left 12 years ago).

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

A day searching the Irish rental market: What’s on offer?There were only six one-bed properties to rent for less than €1,000 a month, the cheapest was a €600 a month property in Fortunestown, Citywest, followed by a €750 a month apartment in Glasnevin
Source: IrishTimes - 🏆 3. / 98 Read more »