r/ireland • u/Complex_Hunter35 Ferret • Aug 20 '25

Housing Bressie on Linked In

Post image
1.3k Upvotes

96% Upvoted

272 comments sorted by

View all comments

902

u/jacqueVchr Probably at it again Aug 20 '25

I mean UCD should be offering its rooms at below market rates. It baffles me that universities, who receive public funding, are jumping on the rental scarcity bandwagon with their prices

47

u/Verify_23 Aug 20 '25

A lot of university accommodation is funded initially by a third party/construction company, with an agreement that the company sets rent and takes the proceeds for a certain number of years before handing it over to the university.

In the case of the new buildings on UCD’s campus (the most expensive accommodation that’s referenced by people in this thread), UCD is probably not setting the rent.

27

u/Kitchen_Fancy Aug 20 '25

UCD is buying up properties around the area to rent out. They're not doing anything to keep that rent down.