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This week’s vital property news: The great student search for somewhere to live

Everything you need to know in one quick guided tour.
Aug 20th 2015, 4:38 PM 3,243 0

House Sign3 (2)

THIS WEEK THERE was bad news for students as it seems that it is going to be tougher than ever to find accommodation.

The Revenue has also said that it is starting to take a bigger interest in people who have under-declared the value for their homes when paying property tax.

Here is all the week’s property news.

The Big Movers

Daft report 

This week the newly released Daft.ie report showed that the housing market for students is now tougher than ever.

The going rate for one-bedroom accommodation in some areas of the country has gone up by a quarter in the past 12 months. The average price for a double bedroom in the centre of Dublin has now hit €638.

ronan lyons Author of the Daft.ie report Ronan Lyons Source: TheJournal.ie

Speaking to TheJournal.ie earlier this week, the author of the Daft.ie report, Ronan Lyons, said that, “Students are always going to suffer a bit more because they don’t have high incomes.”

Revenue

The Revenue Commissioners has this week said that it is focusing on individuals who have under-declared the value of their home.

This follows the ‘mainstreaming’ of the Local Property Tax.

The most recent figures for what the government has reclaimed were released in July, showing a steady increase over the past two years. The figures showed that in 2013, 31,000 mandatory reductions were made on pensions or wages. This increased to 50,500 last year and so far in 2015 62,900 have taken place.

Under Construction

  • Alan Kelly has said that he think Father Peter McVerry has said ‘nothing positive’ to say about the homelessness crisis – but has never met the campaigner 

father peter mcverry Father Peter McVerry Source: RollingNews.ie

Des Res

This week Business Insider has taken a look at houses that blend into their surroundings. Through mirrors these homes make themselves almost not visible from certain angles. They are the latest in discrete architecture.

Pictures Christian Brandstatter and Mirror Houses

And Finally…

In history there has only ever been 15 buildings that have been able to make the claim of being the world’s tallest skyscrapers. This week Business Insider has profiled them. 

building new york The Park Row Building in New York (the tallest building in the world in 1899 Source: Wikicommons

Read: The ‘last pressure valve’ in the housing market is about to blow – and students will suffer

Also: Revenue taking money from people who have undervalued their homes

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Michael Sheils McNamee

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