logo
episode-header-image
Jan 2023
18m 53s

Cost of living: Housing

Bbc World Service
About this episode

Whether renting or buying, housing costs are going up.

Presenter Leanna Byrne takes you back home with her to Dublin, Ireland to discuss what all Dubliners love to moan about: the rising cost of renting.

According to a report by Daft.ie, which lists places to rent or buy in Ireland, at the end of 2022 rent in Dublin had risen to an average $2,446 per month.

And the rising price of renting has seeped into some of Ireland’s other cities, like Cork and Galway, where rents rose by 12% and 16%.

Limerick and Waterford’s rental prices both soared by more than 17%.

We hear from Rebecca, a 32-year-old working in the tech sector in Dublin, who has been renting for 10 years. She says that renting in Dublin is getting harder.

Alex is 31 and works in banking. He got a job in Dublin in January 2022 and was worried about moving there because he heard about the housing horror stories.

And finally, Norman Shapiro, senior mortgage broker with First Israel Mortgages, gives us the view from Israel, where house prices have hit a record 20% year-on-year increase.

Presenter/producer: Leanna Byrne (Image: Houses/ Getty Images)

Up next
Yesterday
Is Gen Z the most investment-savvy generation?
Generation Z - people born in the mid-to-late 1990s up to the early 2010s - is reportedly the new driving force behind retail investing. We look at the areas they are investing in, and why financial influencers are not always what they seem. To get in touch with the programme, se ... Show More
17m 28s
Aug 24
Spain's power blackout: what went wrong?
On the morning of the 28th of April, Spain lost electric power equivalent to that generated by ten nuclear plants, leaving the whole of the Iberian Peninsula, including Portugal and parts of France, without electricity for up to 12 hours. We examine the cause of the blackout that ... Show More
17m 28s
Aug 21
Business Daily meets: Spencer Horne
The South African entrepreneur tells us about his experience growing up under the apartheid regime, before securing a scholarship that would take him to Harvard University in the US.He's now returned home to set up Cloudline, an airship company which aims to deliver goods and car ... Show More
17m 29s
Recommended Episodes
Jan 2024
Money Box Live: The Rising Cost of Rent
A typical rental property gets 25 enquires from people who want to view it, according to the property listings site Rightmove. That high demand also comes alongside high prices. The estate agents Hamptons says tenants have been hit with the biggest rise in rental costs in at leas ... Show More
28m 11s
Jul 2023
Money Box Live: The Cost of Owning a House
House prices have fallen by 1% compared with a year ago – the first drop since 2012 (Halifax) and as inflation remains high, lenders are increasing the cost of mortgage borrowing. But what do these changes in the housing market mean for anyone who dreams of owning their own home, ... Show More
27m 38s
Jan 2023
The "Big Shift" That's Finally Causing Rents to Fall
Rent inflation went wild in 2021 and 2022, turning it into one of the most substantial drivers of overall inflation. But good news: it seems pretty clear that rents are now finally falling. Private sector measures, from companies like Apartment List and Zillow are starting to sho ... Show More
41m 34s
Jan 2024
1197 - Rents Show Biggest Decline in 3 Years—Should Landlords Panic? By Anna Cottrell
Redfin’s November rent report is out, showing that median rent prices declined by 2.1% year over year. This is the biggest decline since 2020, and renters nationwide will breathe a sigh of relief. Landlords and investors? Perhaps not so much, although there are regional variation ... Show More
10m 40s
Sep 2023
Money Box: Surviving or Thriving? Households
Rising costs are having an impact on almost everyone, but that impact is very different for different social groups. Is anyone managing to make a difference to their own budget, however small? Whether they be high earners or low income households, how are people taking control of ... Show More
28m 21s
Jun 2024
975: BiggerNews: Rent Price Updates and Why Landlords Are Optimistic About 2024 w/Zumper’s Anthemos Georgiades
The rental market could finally be returning to stability after a wild past four years. Since 2020, we’ve seen rent prices skyrocket almost overnight, with huge asking price increases for single-family homes, multifamily apartments, and everything in between. But that trend quick ... Show More
48m 6s
Jul 2023
Money Box Live: Mortgage Affordability
The average interest rate charged by mortgage lenders is now much higher than many homeowners have been used to. So what can those struggling to make repayments do - and what if any help should lenders provide? The experts in this podcast are Charles Roe, Director of Mortgages at ... Show More
28m 37s
Mar 2022
Andrew Sheets: The Housing Inflation Puzzle
While the cost of shelter has risen quickly, the measure of housing inflation has been slow to catch up, creating challenges for renters, homeowners and the Fed. -----Transcript----- Welcome to Thoughts on the Market. I'm Andrew Sheets, Chief Cross Asset Strategist for Morgan Sta ... Show More
3m 18s