A new block of student accommodation is opening in the Point Village this week, which should be great news all round given the current rental crisis.
State-of-the-art development The Tramshed has even been called a “welcome boost to students who are struggling to find digs in the current rental market".
The only problem is, we’re not quite sure what students can afford the hefty €1,00 a month rent to actually live there (or a lot more depending on the type of room you choose).
The Classic rooms start at €9,200 for a 40-week lease and go up to €11,220 for a 51-week lease.
At the top end of the scale, students can splash out on a ‘Premium Penthouse Studio’ at €18,360 for a 51-week lease.
The monthly rent of €920 for the Classic room is well above what most students can afford - never mind the penthouse studio at €1,800 a month.
People have been rightly outraged by it:
For your attention @MurphyEoghan I just looked up the student accommodation prices at the Point Village. €11 GRAND if you want to stay for the full year!
What student can afford €230 a week?! I work full time+I can't afford that. These companies should be ashamed. pic.twitter.com/InA6kgZkxe
— Nicola Bardon (@NicolaBardon) August 30, 2018
Heard the new Point Village student accommodation is priced between €920-€1800 a month.
Student. Accommodation. ????
— Chris Derby (@ChrisDerb) August 28, 2018
Rooms at The Tramshed come with all bills included, free Wifi, a roof terrace and are somehow almost sold out.
A further 599 beds will become available when the neighbouring Woodworks development is completed at the end of the year.