Shocked by the rental market in Cork & in Ireland
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- เผยแพร่เมื่อ 28 ส.ค. 2024
- How to rent a house in Ireland? It's almost something that no one can easily answer. You either have to be very rich or have to be able to rent from your friends, there's no other easy way. Daft.ie owns all the major letting websites in Ireland, so if a ad is posted on daft it gets published to four other websites. That means same property is advertised atleast five times creating this notion that internet is full of properties to rent. Unfortunately the demand in housing market in Ireland is so high that supply can't keep up and hence rents and property rates have high rocketed. The letting agents are looking to maximize their profits which adds to the inflation in housing market in Ireland. The average income in Ireland is not enough for everyone to afford these expensive properties, even banks cannot offer such huge mortgage to people who want to buy. It doesn't look like things are improving anytime soon and I am sharing my experience of renting in Cork, Ireland. I made hundreds of enquiries and dealt with unusual landlords as well as scammers and I was left shocked with the rental market in Cork, Ireland.
Aamir is an Indian living in Ireland for the past few years, he helps students with their study abroad goals while working full time in IT.
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I’m a cork native, it breaks my heart how bad things are, I love my city, I love my country and I want to live there. My own government lack of action on housing is sickening and deeply upsetting, I hope this will one day change.
Man, you deserve to be more famous. The info you provide is rally useful and free from bullshit.
I’m also Irish and I cannot believe how ridiculous the rental housing cost is. They better come with a personal chef and floors made from gold for the prices they’re asking. That bubble will burst and God help the people of Ireland when it does.
great video sir and you are exactly right in everything you said .. and the most crazy thing of all is that the situation has actually become far worse a year later than when you originally made this video .. Ireland has not had the foresight and the planning to invest in housing .. there simply aren't enough houses and flats .. in dublin for the last 20 years there are more offices under contraction than apartments .. its a terrible situation
I live abroad. This is utterly ridiculous!
You should do a video on scammers.
Glad you got such a lovely place.
The greed of landlords is scandalous!!
N parents end up footing bill for students.
All has to change, and that change is coming!
Best wishes
Hi. I have to reply this video because I have too much to say. As a person who is planning to move to Cork, Ireland with his family, I have to say your video makes me anxious so much on the renting in this city! I could not imaging that I have to pay 1'300 Euro /mth to rent for a flat which worth only 130'000 Euro to buy. While, "only" does not mean that I'm rich to that, but means that the cost ratio between renting and buying a flat are so high. You know, I'm living in Zurich now. As one of the most expensive cities in Europe, people spend CHF 2000/mth for a 2-2.5 room apartment in the city (avoid the most expensive blocks, I mean), however, these apartments, if you buy, each could worth 1 million at least!
Congrats on finding a nice place, like you mentioned, the housing crisis in Ireland is ***ed. I've rented places in continental Europe, which is also experiencing a housing crises, but Ireland really is next level.
And your situation just goes to show that if you don't have a car available that you are double **** since public transport is so poor in this country.
After a month of searching for accommodation in Cork I stumble across this video, and suddenly the experience I've had for the past month begins to make more sense now.
Had the same problem (in 2015!!!). Finding apartment/ house/ room in Cork or Ballincollig area was so hard I almost left Ireland first month I arrived. I had money, well payed job, but every time there was something on daft there were 50 people or more on viewing. Not mentioning shitness of those places. Why to bother if you have 90 people ready to rent from you straight away (offering you 100 or more per month just to let them rent)...
Great People, Great Country. But I won't be back because of crazy rent/ houses prices
It’s so annoying, I feel so lucky to have gotten on campus accommodation as it’s so hard to get student housing
Where did you go instead?
I arrived in Dublin to do my postgraduate degree. I gave up my study and left Ireland after 1 week because it's so bloody difficult to find a student accommodation/apartment.
I saw on Airbnb Irish people renting their YARD for a tent set up for $1500 Canadian dollars per month. Bring your own tent. Mental.
So true we are struggling the same situation in dublin as well .
Aamir, could you say which suburb or village you moved to? Thanks. So glad you got sorted out. Excellent honest review.
There are just too many people in the Country now as more houses are built infrastructure is under big pressure now. There may well be brown out and power cuts this winter due to strain on the power grid.
Rental costs have just gone mad as people fight over the few places to rent the same for people trying to buy.
This is extremely useful my son is coming to study in Cork from.Kenya
I want to move to cork soon as possible 2027, i am 16 years old And had recently graduated from high school, I'm doing my education here in Germany and I'm learning English because my English is bad, When I'm 20 I'm off to Cork and a few weeks before that I'm going to look for a job and I hope I can find one
Greeting Murat
I totally can relate to what you're saying. I'm a student here in Cork, but I got scammed horribly and the real estate industry is really bad! :( I might have gotten in touch with 100 people hardly 2-3 got in touch with me.
Its crazy!
Best thing is just to try and rent a room in a family home (digs I think they call it).
The housing situation is really dire. Even students are staying in hotels.
Thanks for your frankness.
Thank you for sharing valuable information.
The student specific accommodation in Dublin is built well but the prices are exorbitant.
True, it's about time they build affordable student housing.
I saw some going for 30k. LOL.
Hi Aamir.. Many thanks for the clarification and detailed information. Could you please share few relevant groups on Facebook to find houses?
No wonder everything is so expensive it seems people are flooding into Ireland nowadays with no housing
Irish Government needs to take strict action. It's high time now!
No please, keep the jacking the prices up
The government IS the problem! They need to let builders build more housing.
The housing crisis in Ireland is a shit hole. The more you deep dive into it, the worse it looks. And to top it off, this is going on since a couple of years now and the wealthy politicians here couldn't care less. This is a 3rd world problem in a first world country. Cannot recollect Australia, Canada, USA etc. having these problems.
It's amusing. Same old shitty houses I am used to seeing since being a kid now going for 1500+ a month. Wow
Is there any improvement in the rental market now? Can you suggest some nearby places in cork which we can look into if we could not get a place in work?
Good video thanks
Unfortunately, it could be another 5 years before we see any sort of relief on housing supply, for many different reasons. One of the biggest reasons is the lack of skilled tradespersons. When the Economic crash happened in 2008-2013, a lot of small trades companies got badly burned, so they downsized to just themselves, happy to make a week's wage, or they emigrated. When the economy started to pick up again, they stayed as they were, so while a lot of these small companies used to take on apprentices, they stopped doing so. That meant that we missed out on an entire layer of people who should now be the backbone of the building industry. There has been a big drive to entice apprentices back into the industry but it's simply going to take time. The government are finally starting to push modular house building, to house the Ukrainian refugees, and this will help but it has been slow to pick up previously. So the answer is unfortunately time. BTW, it's interesting you speak of housing for lower income people, and that problem goes back to the 1980s when the government copied the Thatcher policy of selling off the social housing stock, and got out of building new social housing. Again, the current government have finally realised that we need to build up the social and affordable housing stock, but as with everything else, it takes time to ramp up.
Hi Aamir, thanks for the info.. great job... I would like to know your suggestion for a 3 BH K lication in Cork. My office located in East Gate Business Park, Little Island. I will be moving to Cork from India at around early Aug. Looking for a locality with good schools and easy commutation to office.
Did you get a house?
Hello Amir ,
Searching a accomodation for 2 in cork near parchment square of city centre . Unable to find . Need your help . Visiting Cork in feb 2022 .
My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in US.
If one can travel 45 min by dart to arrive at City centre what would be the cheapest place to rent.
In theory you could try somewhere like Mallow. It's country town about 30 mins away from the city and is served by commuter trains.
It’s so ridiculous people blaming ‘wealthy politicians’ for the housing shortage in Ireland.
Firstly, while well paid, our politicians are ordinary people.
Secondly, Ireland has a strong history supporting the right to private property.
This comes from our heritage and history of being an occupied country.
So, it’s not easy for any Irish politician or Government to just ‘take’ property or land from private citizens and develop it into housing.
Thirdly, we were so badly affected as a country by the international financial collapse of 2008 that we had the IMF bail us out.
That was a very difficult period.
Many of young apprentice building professionals left Ireland during that time and never came back.
Result: we do not have enough people with building skills.
Finally, we have suffered building materials inflation in line with global inflationary trends.
What’s happened is that Ireland has been well managed from a business-development perspective and the economy is doing really well.
But you cannot go from borrowing money and emigration to billions in surplus and immigration in a vague decade and not have growing pains.
It’s a complex issue.
Guys,
Hw about houses and rent near Bantry general hospital area ...
Mortgage is actually 3.5 X your income , not 3
Personally I am being offered more than 3.5x, its down to financial well being. Regardless the point was mortgages don't cover the increasing prices of homes for most people..
As if the .5 actually makes any difference, also the advertised price is usually tens of thousands less than what a house actually sells for.
@@MrFerrari458gto It may not make a difference at your income but for some it does..
Lol! No way! That's my old place! At least I think so! Landlords name is John?
Did you live in West Cork?
@@trouvaillebyAamir yep. Near Macroom.
Assalam o aliakum brother im coming in cork next month with family im very confuse and tense how to find accommodation as my family is with me can i talk to u for guidance .jazak allah khair
Ironically I moved to India to get away from this shitshow. good luck. 👍
My friend greetings from Portugal...Next week i Will move to Cork for work, i even Signed contract and booked flight..at start work gives me acomodation for 1 month time that i have to find a studio or just a Simple Room ...i was told i could find rooms for around 100 EUR a week...i see you been looking for houses and i just look for a Simple Room ,but do you have any idea of Room prices?i Will be very thankfull if you can update me
You should find a room from €100 to €150 a week..
@@trouvaillebyAamir Thanks Aamir
Hello 1st of all thanks for this info.
May I follow up on this. How is your stay in there Manuel? How much rent do you pay now..
Base on this info it is better to pay for a rent of a room for a week which cost you around 400 to 600 € a month than to rent for a whole unit for 1.3k to 1.4k €?....
Thank you in advance. I was asking this because in the coming months I may be moving to cork for a job....
Hello Brother, i am moving Ireland with my family from italy,please guide me which city will be better for us.. where we can find our Pakistani community,indian.. etc
Oh no another one
@@patosullivan8391 lol
@@patosullivan8391 🤣
I hope I was there with you..
But come to Hidden place..
Will have a Signature..! Lol
Hello amir can you help me with accommodation in cork
May I know where is this place?
May I know the exact location and how much you pay for this ?
Sorry habibi I can't tell you exactly, it's Cork county.
@@trouvaillebyAamir Would like to know what is stopping you to disclose such information? I'm a bit confused sorry.
You found a problem/scam in the rental market at County Cork and you presented it very well in the video.
You also managed to solve that problem and secured a good rental deal in a nearby area. But you have not mentioned anything about it in the video ( location/current rent/ similar nearby locations where we can get good apartments in much better deal)
Why thr Irish people don't construct houses? For for self and rent purpose. It seems that most of irish people go to other advanced countries and make and construct their house over there.
Why to blame their government?
In my country majority of people rent out their 1 or 2 portions of houses, So their is offcourse some shortage of houses as the population is increasing but not such severe shortage/crisis as in ireland.
Hi aamir... My husband will be moving to Ireland in 10 days and he is also searching for accommodation (masters) can u please help????... From pune..
Won't lie, I can't.. He needs to be very active on facebook..
So how much rent are you paying for this place you are renting now?.and how big is it..
Could you suggest some facebook groups.
Plz make more videos regarding food especially for a vegetarian
Are you serious? Dal, roti, sabzi, papad everything is available..
Hi Amir, you are doing a great job. Very helpful information. Could you please share your email.