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Dublin homeowners are being asked to rent out their spare rooms to students

Dublin is in the midst of a serious housing crisis, with demand for properties far outstripping supply.

Image: RollingNews.ie

DUBLIN HOMEOWNERS ARE being asked to rent out their spare rooms to students looking for a place to live.

A joint initiative between Trinity College Dublin and UCD’s student unions and property website Daft is aimed at encouraging people to help alleviate students’ housing worries.

Dublin is in the midst of a serious housing crisis, with demand for properties far outstripping supply.

Students have been hard pressed to try to find somewhere suitable and affordable to live, as rents skyrocket across the city.

Student “digs” have long been a chosen accommodation method for people going to college. A homeowner with a spare bedroom is able to earn up to €14,000 in non-taxable income by letting out empty rooms in their house.

Commenting on the initiative, UCDSU president Katie Ascough said there were over 120,000 “empty nesters” who had empty rooms in their homes.

“That’s a lot of vacant beds in an overcrowded housing market,” she said.

If we can widely relay information on the associated tax breaks that come with digs, we should be able to put hundreds of new beds on a starved market in time for September.

The campaign will involve geo-targeted ads being featured on Daft.ie and affiliated sites DoneDeal.ie, Adverts.ie.

TheJournal.ie publisher Journal Media Ltd has some shareholders in common with Daft.ie.

Read: Government has ‘no plans’ to abolish stamp duty for tenants paying over €2,500 a month in rent

Read: Social welfare issues made up almost half of queries to Citizens Information last year

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