Five more areas become Rent Pressure Zones as national average monthly rent stays over €1,200
There is currently a rent freeze and a ban on evictions in place as a result of the Covid-19 crisis.
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There is currently a rent freeze and a ban on evictions in place as a result of the Covid-19 crisis.
Micheál Martin told The Candidate Podcast that he will reduce the rate rents rise in rent pressure zones.
There is a notable shortage of one-bedroom housing for single people and couples, the Simon Communities said.
Sinn Féin and Fianna Fáil hit out at Taoiseach Leo Varadkar during Leaders’ Questions in the Dáil.
Areas like Munster have seen large increases in rent prices this year compared to 2018.
The minister said RPZ rules will never bring 4% rate rise across the board.
Macroom, Cork and Carlow met the designation criteria within the latest Residential Tenancies Board report.
Under RPZ legislation, annual rent rises are capped at 4% in certain areas.
The Residential Tenancies Bill will now go to President Michael D Higgins to be signed into law.
The minister said neighbours see the wheelie suitcases going in and out of properties at all hours.
RPZ laws were first introduced in December 2016 to address spiraling rents.
Limerick City East and Navan have now been designated Rent Pressure Zones.
Limerick City East and Navan met the designation criteria within the latest Residential Tenancies Board report.
Minister for Housing Eoghan Murphy confirmed that the Bill will be brought to Cabinet next Tuesday.
The latest Daft.ie quarterly report found that the average monthly rent nationwide is €1,334.
Rent has increased by 8.8% in Dublin and by 7.6% nationally.
In Dublin, average rent rose by 12.4% year-on-year, and now sits at €1,875.
Nationally, the average rent across all properties in Q2 stood at €1,017 – which is €63 higher than the same period last year.
Charities have expressed serious concern has private market rents continue to grow.
The Irish Property Owners Association (IPOA) has called for landlords to be treated more fairly.
Minister Simon Coveney made the announcement this morning.