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In the wake of the 2008 global financial crisis, more than a dozen European countries tried to plug budget deficits with programmes that included home purchases.
Market rents in Longford were on average 20.3% higher in the first quarter of 2023 than a year previously.
Rents around the country are now 30% higher than they were at the peak of the Celtic Tiger.
The average rent for properties in the city now stands at €1,731 per month.
WHILE rental costs in Cork City might be showing some sign slowing after a decade of increases, finding somewhere to rent is still proving to be a major problem across both the city and county.