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“I spend 60 percent of my salary on rent, which makes it difficult for me to go out and enjoy the social scene.”

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A student, who spends almost 60 per cent of her income on rent, said the lack of disposable money she has left over at the end of the month has affected her ability to enjoy life in Dublin.

Organ Cobban (25), who is doing his doctorate, pays 900 euros a month to rent a room in a two-bedroom apartment downtown. She gets 1,541 euros a month for her role as a bioengineering researcher at Trinity College.

Ms Cobban is looking for somewhere else to live close to her work but finds it ‘impossible’ due to the shortage of available accommodation.

“Most of them don’t even answer, and when they do viewings, the competition is incredible — there are tons of other people there,” she said.

She moved to Ireland from Arizona and encountered a number of rental scams on websites when she was initially trying to find a place to live.

“There were a lot of too good to be true ads and as most are privately rented and not part of a complex I thought it would be best to live in a student residence but that’s at around 13,000 € per year worked out year,” she said.

At the moment there is simply too much demand for supply

“It was difficult to find an apartment to rent but I’ve had a bit of luck with Covid with people moving out of the city center.”

If you factor in groceries and bills, she has little money left over at the end of the month.

“I’ve had rent issues in the past. For socializing, it’s mostly cans. With more disposable income, I would definitely be able to experience Dublin better,” she said.

While she described her current landlord as “great” and someone who will fix problems immediately, there was a rent increase of 60 euros at the end of the first lease.

“Right now there’s just way too much demand for supply,” she said.

A 39-year-old IT professional with a one-year-old son who rents a house in North Dublin said he now pays more than 50 per cent of his wages on rent and has had to ask his parents for help with the bills.

His ex-partner moved out at the end of last year, and he now pays the rent for the three-room house alone.

Despite working full-time, he still struggles to afford the rent, which he says is much cheaper compared to some others
the properties currently on offer.

“1,866 euros a month is a decent price, but paying for it alone is difficult,” he said.

“Right now there is much lower quality property at much higher prices.

“I have electricity and gas to be paid for in advance, as required by the landlord, so it’s probably in the summer, at its lowest, maybe €50 a month for gas and €100 every 40 days for electricity.

“I rented in Portmarnock for a couple of years and paid €1,400 a month for a two bedroom flat. It seemed a bit pricey when I moved in, but now I’d buy it.”

The man, who wishes to remain anonymous, said he would not consider moving from Dublin because he wanted to stay close to his son’s mother and his own family.

“The situation I’m in is perfect – spending half my income on rent is just not ideal.”

Sophie Nugent (23) moved out of her parents’ house in February and pays more than 800 euros a month for a one-room apartment that she shares with her boyfriend.

She previously worked in HSE administration and started a new job at an approved housing site this week, but her rent is more than 40 per cent of her net salary.

“We’re struggling with the cost of living,” she said.

“We pay 300 euros for our electricity bill every few months. We pay 30 euros for broadband but it will be 60 euros in September. I can not afford it.

“We’re grateful to get a single room for €1,650 as it’s on the lower end of the scale. It even feels crazy to say that.”

https://www.independent.ie/irish-news/i-spend-60pc-of-my-wages-on-rent-which-leaves-me-struggling-to-go-out-and-enjoy-the-social-scene-41924594.html “I spend 60 percent of my salary on rent, which makes it difficult for me to go out and enjoy the social scene.”

Fry Electronics Team

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