Stark decline in the availability of HAP properties to rent, says report

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A brand new report reveals a stark decline within the availability of reasonably priced properties to hire with a Housing Help Fee or ‘HAP’.

Throughout all areas surveyed by the Simon Communities of Eire – solely 657 properties had been out there to hire at any value over the three dates surveyed.

That is down 11 per cent on their final ‘Locked Out’ report in March.

Outdoors of Dublin county, 9 of 16 examine areas had no properties out there to hire in any family class, inside HAP limits.

These included Dublin Metropolis centre, Cork Metropolis Centre, Galway Metropolis Centre, Galway Metropolis Suburbs, Co. Leitrim, Limerick Metropolis suburbs, Limerick Metropolis Centre, Sligo City, and Portlaoise.

There have been simply 37 properties out there below a typical or discretionary restrict in not less than one of many 4 classes.

This represented a lower of 43 per cent on the 80 properties which had been out there inside not less than one HAP class within the March 2022 examine and a drastic 95 per cnet lower than the 906 out there in June 2021.

Of the 37 properties, solely two had been reasonably priced below a typical HAP restrict.

The remaining 35 fell below discretionary charges. As seen in lots of current Locked Out of the Market studies, the availability of properties inside HAP limits was predominantly out there in Dublin; 27 of the whole 37 HAP properties had been discovered within the three Dublin areas examined (Dublin Metropolis Centre, Dublin Metropolis North and Dublin Metropolis South).

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