DAVY VIEW

Yesterday’s (September 30th) Residential Tenancies Board (RTB) data showed rents up 2.4% in Q2 2021, with inflation accelerating to 7%. The official index shows stronger rent inflation than the alternative Daft (5.7%) and CPI private rents (4.4%) measures. Rent inflation was 4.4% in Dublin and 8.7% in the commuter belt. Rent inflation is well above the 4% cap set for ‘rent pressure zones’, showing that small landlords are achieving substantial rent gains by fair or foul means.