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This week, we got smacked with the grim reality that the average rent in Dublin is now €1,968 per month.

That's 10.9 percent higher than this time last year and a staggering 30 percent higher than the 2008 peak – so it's pretty depressing all around.

To make matters worse, the massive amounts of money we are forking out for accommodation is usually for sub-standard dwellings.

So we are gonna rub salt into the wound and show you what you can rent in Europe for the same price – and all the places featured are furnished. 

1. Neuilly-Sur-Seine, Paris, France

 Picture credit: Lodgis

You can rent a two-bedroom furnished apartment for €1,985 a month in the most expensive part of Paris.

To gauge how pricey this neighbourhood is, former president Francois Hollande and Nicolas Sarkozy were raised in the Parisian suburb.

You'll be living amongst some of the most famous French faces and living the Parisian dream.

2. Mitte, Berlin

This stunning two-bed penthouse in the heart of Berlin is serious home goals.

The spacious, modern home is a steal at  €1,700 a month and that INCLUDES bills.

All you have to do is brush up on some German and you're set – FYI, it has a foosball table and an electric keyboard. 

3. Prati, Rome, Italy

The land of carbs have some savage apartments for prices that would make you weep in comparison to our capital city.

This two-bedroom apartment is a walk away from the Vatican city and looks like a dream.

It's a cool €1850 a month and comes with some massive looking beds – and the best part is, it's mould free.

4. Buckingham Terrace, Edinburgh, UK. 

Picture credit: rightmove

After doing some quick maths, our €1,968 converts into a modest £1713.

Edinburgh is ripe with prime property for a bargain price and we could get a lot for our money.

For a breath-taking ground floor two bedroom flat, it was £1,595 per month.

5. Westminster, London

Picture credit: rightmove

We all know how outrageously expensive central London has been branded.

So I went on a hunt and found a furnished one bedroom apartment in the heart of the city.

The property is £1712 a month, so I just stayed in budget but there's a big difference between London and Dublin.

6. East 58th Street, Manhattan, New York

Picture credit: streeteasy

And for the craic, I had a nosey at some places in Manhattan, which is famous for its high rent. 

I found a lovely studio apartment which was $2,100 a month (€1861). 

Is the place tiny with a massive price tag? – Yes, but it's a lot better than the majority of studios you can find in Dublin city.

You can live in the big apple for less than in Dublin…let that just sink in.

If you're thinking of relocating, at least renting in these cities will be a little bit easier than Dublin.

It's fair to say our rental market is a mess.

 

Feature Image credit: discoverdublin/Instagram/Alinaborak28

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The latest report from property website Daft.ie shows that rents across the country have reached a record high of €1,200 per month.

Figures show that Dublin is the worst affected area with average rents now standing at €1,774, an increase of over 12 per cent on last year.

Further increases where seen in Cork (five per cent), Galway (nine per cent) and Limerick (10.9 per cent).

Author of the report, Ronan Lyons says the report clearly shows that the rent pressure zone system is not working.

“There isn't a single part of the country where rents are increasing less than 4% a year which is what the rent pressure zones are designed to do,” he said.

“It is not clear to me that the system of rent pressure zones is working, in fact it may be having the opposite effect.”

This thought was echoed by homelessness charity Focus Ireland who say that loopholes in the law allow landlords to raise the rent by more than the four per cent limit.

Mike Allen of Focus Ireland said: "The minister has to change that legislation, he has to get rid of that loophole and he has to make sure that families and other people in rented accommodation can rely on the tenancy treatment they have and not see it torn up at a moments notice."

The new rent figures come as the ESRI predict that house prices could rise by up to 20 per cent by 2020 if the rate of supply does not increase.

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Last year, we reported on a garden shed which had found its way onto Daft.ie.

And oh, how we laughed.

But we're not laughing any more as its appears its cousin may just made an appearance on the popular property website as well.

Located in Terenure, this 'studio apartment' can be yours for a cool €850 a month, but if the photos are anything to go by, this residence bears a striking resemblance to a garden shed.

While it boasts its own private entrance and is fitted with an alarm, the listing, which also features an ensuite bathroom fitted with an electric power shower, definitely gave us pause here at SHEmazing HQ.

According to the advertisement, the residence is furnished with all-new modern appliances as well as a kitchen with hot plate, oven, kettle, toaster and microwave.

And while there's no doubting it looks like a pretty pleasant space to cosy up, its wooden interior and exterior have led many potential renters to question whether they may end up sharing with the lawnmower.

But if that's the least of your concerns right now, then it might be worth noting that it is available from September 1 2017.

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Unless you’ve been living under a rock (possibly because it’s all you can afford right now) you’ll know that Ireland is experiencing a serious rental crisis.

From garden sheds going for €890 a pop (excluding bills) to enduring mile-long queues for a simple viewing, finding a place to call your own in Ireland is getting increasingly difficult.

Highlighting the struggles endured by renters across the country right now, Daft have released their latest quarterly report today, and the findings are fairly disheartening.

According to the report, rents are now five per cent higher than they were at their peak in 2008 and have increased by a staggering 45 per cent since late 2011.

Marking the largest quarterly increase on record, Daft have confirmed that rent in both Dublin and the rest of the country has increased by 3.9 per cent between July and September.

And if you're wondering how your fellow countrymen are faring, wonder no more.

While the average nationwide rent stands at €1,077, Limerick is coming up trumps in the reasonable rent stakes at just €504.

In contrast, south county Dublin is the most expensive, with renters shelling out, on average, €1,801 while the city centre stands at €1,575 and North County Dublin comes in at €1,320.

Oh, and one more thing!

Daft have confirmed that the annual rate of rental inflation currently stands at 11.7 per cent – the highest recorded since they begin their report series 14 years ago.

Well, that’s just wonderful…

If you have a nightmare story which sums up the country's current rental crisis and you'd like to share it with our readers, please click here and you could be in with a chance of winning €250!

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It's most definitely no secret that rents in Dublin tend to be sky-high compared to the rest of the country.

In fact, there are only three locations among all of Dublin's LUAS and DART lines that you can expect to pay under €1,000 per month in total for a two-bed apartment.

Click here to see larger version

Yes, if you're on a budget, your best bet is waaaay out at the far end of the Red LUAS line, at Cheerverstown, Fettercairn or Citywest. Not exactly the most accessible spots.

Daft's new Dublin Rent Rail Map is the first to categorise rent prices based on the closest rail stop, and it definitely throws up a few shockers.

For example, the most expensive spot on the map is not a coastal two-bed on the DART line or around the shopping haven that is Stephen's Green – it is in fact at the IFSC end of the Red LUAS line.

For a two-bed apartment near Spencer Dock you can expect to shell out a whopping €1,802 on average – that's €901 per room each month.

Other pricey spots include Charlemont and Milltown on the LUAS Green Line, plus Tara Street in the city centre.

And if you're a beach lover who's looking to rent along the DART line, you'll pay a premium in Sandymount and Dalkey (both over €1,700), but can expect to find cheaper pads in Bray and Portmarnock, where rents are closer to €1,200.

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After hearing about how rents across Dublin have risen by 26% since 2011, and how students are finding it increasingly difficult to find somewhere to live, this comic by Twisted Doodle detailing everything you need to rent in Dublin is VERY well timed!

Finding somewhere to live, or someone to live with is difficult at the best of times. Especially when you’ve grown up watching Monica and Rachel in their big huge apartment – the realisation that your whole flat will be about the size of Rachel’s room is quite a bitter pill to swallow. Why must they make it even more difficult?! 

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