Cork rent levels ‘unsustainable for families and students’ – Ó Laoghaire
Sinn Féin TD for Cork South Central Donnchadh Ó Laoghaire has said that the latest rent report from Daft.ie has proven what many people in Cork have feared; that rents in the city are spiralling out of control and that the situation is becoming unsustainable for many, including families and students.
Deputy Ó Laoghaire said:
“This Daft.ie report is just echoing what the people of Cork have been saying for the past few years. Rents are rising beyond the reach of many people. The situation is becoming increasingly unsustainable for families and students.
“The report said that there were only 800 homes up for rent at the start of the month for the whole of Munster. That’s not enough for Cork city, not to talk of the whole province. A largescale commitment to social and affordable housing from Minister Coveney was welcome some weeks past but we are still waiting for sod to be lifted. A similar commitment to rent certainty is also required. Only by this two pillar approach can we hope to stem the tide of homelessness in this country.
“In the coming weeks, students from all over the country, and from abroad, will arrive in Cork to study at UCC and CIT. I am very fearful that we will see further stories of hardship, as students find it near impossible to obtain accommodation in the City, especially for those on low incomes.
“The situation is such that many parents have to decide between paying rent and covering increasing back to school costs. In some cases, families are being made homeless because of an inability to pay the rising rents or to secure rental accommodation.
“Rents rise every year, if only the ability to pay could match. The government must recognise that rent certainty is key to alleviating pressure on these households.”