I-Res is a bundle of flats and commercial buildings listed on the stock exchange. I-Res’s revenue comes from the rents on the buildings. You’d think an entity like this would be doing extraordinarily well in a housing crisis. Particularly one that has hit renters harder than homeowners. Things haven’t worked out that way for I-Res. I-Res has three problems. The first is that rent control rules in Ireland are limiting what it can charge. I-Res has increased rents very slowly over the last number of years, in line with what's permitted under rent controls. As you'd expect under such a…
Cancel at any time. Are you already a member? Log in here.
Special Six Nations offer
Become an annual member today for €200 and receive a free copy of ‘From Rags to Riches; The Irish Men’s Team in the Professional Era’ by Feargal O’Rourke