Local property expert claims rental market in Donegal is in dire straits

first_img RELATED ARTICLESMORE FROM AUTHOR By admin – May 27, 2016 Previous articleFigures reveal Donegal has highest number of speed related deaths as National Slow Down day commencesNext articleDonegal County Council to foot bill of council homes affected by mica admin Homepage BannerNews Gardai continue to investigate Kilmacrennan fire Google+ Local property expert claims rental market in Donegal is in dire straits Facebook Further drop in people receiving PUP in Donegal 365 additional cases of Covid-19 in Republic Man arrested on suspicion of drugs and criminal property offences in Derry WhatsAppcenter_img Pinterest WhatsApp Facebook Google+ Twitter 75 positive cases of Covid confirmed in North Main Evening News, Sport and Obituaries Tuesday May 25th Pinterest A local property expert is claiming the rental property market is in dire straits in Donegal with 20 students forced to defer their college places in LYIT in Letterkenny for this current academic  year because they couldn’t find accommodation.There were 294 residential property transactions in Letterkenny alone last year compared to 125 in 2013 which shows that demand is high and supply low.Gareth McLarnon of Glen Estates says that despite improvements in the property market generally the lack of rental accommodation particularly in urban areas of Donegal remains a huge problem:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2016/05/gareth.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Twitterlast_img