Have just been involved in the recruitment of a person from the UK. He’s moving over with his partner and they’re absolutely shock at the cost of renting here - he was warned. He is playing roughly 30% more for a pretty sub-standard one bed in D2 than he was paying in a larger UK city for a 2 bed. He’s taken a 6 month lease in the hopes that things improve. He showed me the advert for his two bed - it seems to be in a nice part of the city and you wouldn’t even find a decent one bed for that money here.
You can say comparisons are unfair and that Dublin had a big tourist market that drove prices up - the equivalent in the UK would be somewhere like Edinburgh which has a highly paid workforce in the financial services industry and a massive AirBnb and general tourist presence, as well as a couple of substantial Universities. Here is a 2 bed in a prime area of Edinburgh , with Sterling at a 10% premium this is a 2 bed for €1540 a month - it’s been on Rightmove for 4 months. There were plenty in this price range but I stayed in a hotel near here a couple of years ago so I know this is a very good area.
@beattie found this one discounted down to €1875 - https://www.daft.ie/dublin/apartments-for-rent/dublin-4/2-bedroom-apartment-available-immediately-dublin-4-dublin-2038231/ I don’t think there’s any comparison.
I think we have a long way to go on the rentals.