The rising accommodation costs in areas like Tallaght, Lucan, and Citywest can be challenging for young people and families. However, there are several strategies you can consider to lower your costs. One approach is to downsize your living space and utilise self-storage units. Here are some steps you can take:
Evaluate your current housing needs: Assess your living requirements and determine if downsizing is a feasible option for you. Consider the number of bedrooms you actually need and if there are any unused or underutilised spaces in your current home.
Research smaller housing options: Look for smaller properties, such as apartments, townhouses, or smaller houses, that better fit your needs. These types of properties often come at a lower cost compared to larger homes. If you live in areas like Tallaght, Lucan, or Citywest, there are many of these more affordable housing options.
Consider shared accommodation: Sharing a property with other individuals or families can significantly reduce accommodation costs. Look for house-sharing opportunities or consider co-living arrangements where common spaces are shared while still having private bedrooms.
Explore self-storage options: If downsizing means you have excess belongings that won't fit in your new living space, consider renting a self-storage unit. Self-storage facilities provide secure and affordable storage solutions for items you don't need immediate access to, helping you free up space in your downsized home.
Declutter and sell unwanted items: Before moving to a smaller home or utilising self-storage, declutter your belongings and sell or donate items you no longer need. This will not only reduce the amount of storage space you require but also potentially provide extra income.
Negotiate rental or property prices: When searching for a rental property or negotiating a purchase, be proactive in negotiating prices. Research the market rates, compare different options, and try to secure the best deal possible. Negotiating lower rental or property prices can significantly reduce your accommodation costs.
Explore government housing schemes and grants: Check if there are any government housing schemes, grants, or subsidies available that can help lower your accommodation costs. These programs are often designed to support first-time buyers or individuals in need of affordable housing.
Consider commuting options: If living in areas like Tallaght, Lucan, or Citywest is still financially challenging, consider looking for housing in nearby commuter areas. While this might increase your commute time, it can potentially offer more affordable housing options.
Focus on energy efficiency: When selecting a new home or making improvements to your existing one, prioritise energy-efficient features. Energy-efficient homes can help lower utility costs in the long run, reducing your overall housing expenses.
By implementing these strategies, young people and families can navigate the high accommodation costs in areas like Tallaght, Lucan, and Citywest, and find more affordable housing options that suit their needs and budget.