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Is the Dublin rental market overpriced?

I was wondering if people think some of the rental properties advertised on are overpriced, i.e. if some landlords are being a tad unrealistic. If I compare to Sydney, Dublin seems to be on par, if not more expensive. No offence intended, but the River Liffey is hardly Sydney Harbour. And Sydney has a reputation of being one of the most expensive cities in the world. Of course, the market is whatever the market will bear. But some of these Dublin properties on have been up for weeks. In Sydney an apartment will go very quickly. Are landlords happier to have an empty apartment than to rent it out? Thoughts?