{"id":1644,"date":"2021-07-14T10:58:40","date_gmt":"2021-07-14T09:58:40","guid":{"rendered":"https:\/\/www.socialdemocrats.ie\/runaway-rents-are-unsustainable-and-unconscionable\/"},"modified":"2021-07-14T10:58:40","modified_gmt":"2021-07-14T09:58:40","slug":"runaway-rents-are-unsustainable-and-unconscionable","status":"publish","type":"post","link":"https:\/\/www.socialdemocrats.ie\/ga\/runaway-rents-are-unsustainable-and-unconscionable\/","title":{"rendered":"RTB Report Shows Runaway Rents Are Unsustainable And Unconscionable"},"content":{"rendered":"<p><em><strong>It is clear the Government\u2019s policies are failing renters<\/strong><\/em><\/p>\n<p>New research from the Residential Tenancies Board (RTB) shows out-of-control rents are unsustainable and unconscionable, according to according to Social Democrats Housing Spokesperson Cian O\u2019Callaghan.<\/p>\n<p>\u201cResearch by the RTB shows rents are out of control. Half of all renters pay more than 30pc of their take-home pay in rent. In Dublin, that figure rises to 64pc.<\/p>\n<p>\u201cThe situation is even worse for a significant proportion of renters in Dublin. A shocking 23pc pay more than 50pc of their income in rent. These runaway rents are unsustainable and unconscionable.<\/p>\n<p>\u201cThe RTB report is further evidence of the gravity of the problem \u2013 and how unaffordable rents have really become.<\/p>\n<p>\u201cTo be truly affordable, housing costs should be no more than 30pc of take-home income. It is clear the Government\u2019s policies are failing renters. Year after year, rents have been allowed to climb \u2013 far exceeding pay increases. This is why we need a three-year ban on rent increases.<\/p>\n<p>\u201cThis research also highlights the deep concerns caused by a lack of security of tenure. People live in fear that tenancies could come to an end through no fault of their own. This insecurity impacts more than just renters\u2019 living condition \u2013 it also has implications for their job opportunities, children\u2019s education and ability to integrate into communities. We must end no-fault evictions.<\/p>\n<p>\u201cOlder tenants are particularly vulnerable. Many are fearful they will not be able to keep a roof over their head when they retire. The Government must legislate for security of tenure with long leases and leases of indefinite duration.<\/p>\n<p>\u201cFewer than half of the tenants surveyed were aware of the Residential Tenancies Board or the existence of Rent Pressure Zones. As well as enhancing protections, there is a real need to make tenants aware of their rights under the law. This isn\u2019t happening.<\/p>\n<p>\u201cRenters have been left at the end of a long queue when it comes to housing reform. This must end. We need radical reform of the rental sector now as a matter of urgency.\u201d<\/p>\n<p>14 July, 2021<\/p>\n<p>Ends<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It is clear the Government\u2019s policies are failing renters New research from the Residential Tenancies Board (RTB) shows out-of-control rents are unsustainable and unconscionable, according to according to Social Democrats Housing Spokesperson Cian O\u2019Callaghan. \u201cResearch by the RTB shows rents are out of control. Half of all renters pay more than 30pc of their take-home [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1499,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[278,10,7],"tags":[],"class_list":["post-1644","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cian-ocallaghan","category-housing-crisis","category-press-release"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>RTB Report Shows Runaway Rents Are Unsustainable And Unconscionable - Social Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.socialdemocrats.ie\/runaway-rents-are-unsustainable-and-unconscionable\/\" \/>\n<meta property=\"og:locale\" content=\"ga_IE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RTB Report Shows Runaway Rents Are Unsustainable And Unconscionable - Social Democrats\" \/>\n<meta property=\"og:description\" content=\"It is clear the Government\u2019s policies are failing renters New research from the Residential Tenancies Board (RTB) shows out-of-control rents are unsustainable and unconscionable, according to according to Social Democrats Housing Spokesperson Cian O\u2019Callaghan. \u201cResearch by the RTB shows rents are out of control. 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