{"id":1775,"date":"2022-02-09T10:31:29","date_gmt":"2022-02-09T10:31:29","guid":{"rendered":"https:\/\/www.socialdemocrats.ie\/rents-across-the-country-are-out-of-control\/"},"modified":"2022-02-09T10:31:29","modified_gmt":"2022-02-09T10:31:29","slug":"rents-across-the-country-are-out-of-control","status":"publish","type":"post","link":"https:\/\/www.socialdemocrats.ie\/ga\/rents-across-the-country-are-out-of-control\/","title":{"rendered":"Rents Across The Country Are Out Of Control"},"content":{"rendered":"

It is clear rent caps are nothing more than window dressing<\/strong><\/em><\/p>\n

Rents across the country are out of control with rents in Dublin now 50pc more than the Celtic Tiger peak, according to Social Democrats Housing Spokesperson Cian O\u2019Callaghan.<\/p>\n

\u201cLast year, rents across the country increased by an average of more than 10pc. Meanwhile, 20 counties had double-digit rent increases, of up to 25pc in Donegal. In Dublin, in just the last three months of the year, the increase was 4pc.<\/p>\n

\u201cAverage rents in Dublin now range between \u20ac1,900 and \u20ac2,258. To put this in context, only the top 2pc of earners can actually afford this rent \u2013 which requires a salary of \u20ac115,000 to be affordable.<\/p>\n

\u201cA separate report today has confirmed that ordinary workers and families are locked out of homeownership, with cuckoo funds outbidding them on homes by an average of more than \u20ac100,000.<\/p>\n

\u201cToday\u2019s\u00a0daft.ie<\/a>\u00a0report makes clear that ordinary workers and families are also increasingly being priced out of the rental market. Even the dribble of supply that is coming onto the market, is priced out of the reach of most ordinary workers.<\/p>\n

\u201cThe government\u2019s response to this crisis has been to fiddle with rent caps, which are now set at 2pc. Given the double-digit rent increases replete across the country last year, it is clear rent caps are nothing more than window dressing. They are doing nothing to stop sky-high rent increases.<\/p>\n

\u201cThe answer to these outrageous and unaffordable rent increases has been obvious for years now \u2013 ban rent increases and dramatically increase the supply of public, affordable and cost rental homes. Regrettably, the government is refusing to act \u2013 and ordinary people are suffering as a consequence.\u201d<\/p>\n

9 February, 2022<\/p>\n

Ends<\/p>\n","protected":false},"excerpt":{"rendered":"

It is clear rent caps are nothing more than window dressing Rents across the country are out of control with rents in Dublin now 50pc more than the Celtic Tiger peak, according to Social Democrats Housing Spokesperson Cian O\u2019Callaghan. \u201cLast year, rents across the country increased by an average of more than 10pc. Meanwhile, 20 […]<\/p>\n","protected":false},"author":2,"featured_media":1483,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[278,10,7],"tags":[],"class_list":["post-1775","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cian-ocallaghan","category-housing-crisis","category-press-release"],"acf":[],"yoast_head":"\nRents Across The Country Are Out Of Control - 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\/rents-across-the-country-are-out-of-control\/\" \/>\n<meta property=\"og:locale\" content=\"ga_IE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rents Across The Country Are Out Of Control - Social Democrats\" \/>\n<meta property=\"og:description\" content=\"It is clear rent caps are nothing more than window dressing Rents across the country are out of control with rents in Dublin now 50pc more than the Celtic Tiger peak, according to Social Democrats Housing Spokesperson Cian O\u2019Callaghan. \u201cLast year, rents across the country increased by an average of more than 10pc. 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