Last week saw the release of the latest Daft.ie Rental Report. Once again, it showed rents in the open market rising – both quarter-on-quarter and year-on-year. It can be easy to take it for granted, but in reality, the statistics are, at this stage, astonishing. This is perhaps best seen by taking a step back and looking at how unusual the recent run-up in rents is. The Daft.ie rental database extends back to the start of 2002, meaning a total of 86 quarters altogether between then and now. Rents fell each of the first eight quarters, into 2004, as all…

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