I think property prices here(Dublin) are very reasonable compared to a lot of european cities. Rents are insane though.
These stats are based on gross yields, so no account of costs here.
Ireland is supposed to have some of the highest business running costs in Europe. So no account of that here.
And these stats are based on unit dwelling sales, or published apartment/house sale prices. How does it account for apartment block sales, with land, parking, common areas, utilities, lifts etc
What a weird list
You will own nothing and be happy.
Dublin 6 – which incorporates Ranelagh, Rathmines and Rathgar – has the country’s lowest rental yield of just 3.6 per cent (28 years), followed by Dublin 4 (Ballsbridge, Donnybrook), at 3.9 per cent. ( i.e 26 years)
Within Dublin, there is a close correlation between the ritziest suburbs – and therefore the highest house prices – and the lowest rental yields, with houses being sold at a higher multiple than what they can be rented for than in other parts of the city.
This is how long it would take land bastards to make back the cost of the property. Much easier to understand than “gross rental yield”
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Basically what this means is Ireland pays one of the highest rents in Europe relative to the price of housing.
Source – https://www.globalpropertyguide.com/Europe/Ireland/price-rent-ratio
I think property prices here(Dublin) are very reasonable compared to a lot of european cities. Rents are insane though.
These stats are based on gross yields, so no account of costs here.
Ireland is supposed to have some of the highest business running costs in Europe. So no account of that here.
And these stats are based on unit dwelling sales, or published apartment/house sale prices. How does it account for apartment block sales, with land, parking, common areas, utilities, lifts etc
What a weird list
You will own nothing and be happy.
Dublin 6 – which incorporates Ranelagh, Rathmines and Rathgar – has the country’s lowest rental yield of just 3.6 per cent (28 years), followed by Dublin 4 (Ballsbridge, Donnybrook), at 3.9 per cent. ( i.e 26 years)
Within Dublin, there is a close correlation between the ritziest suburbs – and therefore the highest house prices – and the lowest rental yields, with houses being sold at a higher multiple than what they can be rented for than in other parts of the city.
This is how long it would take land bastards to make back the cost of the property. Much easier to understand than “gross rental yield”
This is exactly what the vultures love seeing
Edit that headline it’s fucking retarded