For the last year, working class people across the country have had to listen to spin in the media about the so-called economic recovery. We are told about Ireland having one of the fastest growing economies in the Eurozone, profits for multi-nationals are up, and property prices along with rents are sky-rocketing.
The high cost of rent is one of the most serious problems facing working class people. Private tenants are forced to spend 30% of their income on rent on average and nearly a quarter fear losing their home in the next year. Dublin rents have risen 35% since 2011 and are now only 6% off their peak in 2007, when wages were much higher.