Been looking recently at apartments to rent in belfast area but can someone explian to me why rent is so high!?!
Everywhere i look it seems to be a minimum of £700-£800 for a 2 bed which i think is ridiculous! Not only are they expensive but the furnishing doesnt seem to be up to any high standard and couple that with only being allocated 1 parking space!
Is this due to speculators purchasing these apartments at such high prices that they need this high level of rent to cover their mortgages? Am i just behind the times and this is the normal rent price in belfast?
I have also looked at lisburn direction and they are looking £650 for apartments in thaxton village!
I cant see how these rent prices are sustainable! how do people afford this and have enough to live a life?
Average monthly wage after tax must be around £1200 (correct me if im wrong) so that is a third of someones wages to rent a room in a 2 bed apartment. That is ludicrous!
Anyone else out there feeling my pain?