{"id":1906,"date":"2022-09-27T10:44:12","date_gmt":"2022-09-27T09:44:12","guid":{"rendered":"https:\/\/www.socialdemocrats.ie\/tax-credits-for-renters-will-be-gobbled-up-by-landlords\/"},"modified":"2022-09-27T10:44:12","modified_gmt":"2022-09-27T09:44:12","slug":"tax-credits-for-renters-will-be-gobbled-up-by-landlords","status":"publish","type":"post","link":"https:\/\/www.socialdemocrats.ie\/ga\/tax-credits-for-renters-will-be-gobbled-up-by-landlords\/","title":{"rendered":"Tax credits for renters will be gobbled up by landlords"},"content":{"rendered":"

Rent Pressure Zones must be extended nationwide<\/strong><\/em><\/p>\n

The proposed tax credit for renters in today\u2019s budget will be gobbled up by landlords through rent increases, according to Social Democrats TD Cian O\u2019Callaghan.<\/p>\n

Deputy O\u2019Callaghan, who is the party\u2019s spokesperson on Housing, said:<\/p>\n

\u201cWithout properly enforced nationwide rent controls, the tax credit for renters will simply be eroded by landlords through further rent increases. This will further fuel spiralling rent inflation.<\/p>\n

\u201cFor this tax credit to really benefit renters, it must go hand in hand with properly enforced nationwide rent controls. It beggars belief that the Minister for Housing doesn\u2019t understand this.<\/p>\n

\u201cNew rents have increased by about 9 percent in the past year \u2013 well beyond the rent caps allowed under current legislation. The Rent Pressure Zone (RPZ) legislation is not working and is not being enforced properly. The vast majority of investigations by the Residental Tenancies Board (RTB) relate to breaches of the Rent Pressure Zones.<\/p>\n

\u201cThe Rent Pressure Zones legislation is written in a way that means some parts of the country will never qualify, no matter how much rent increases. For example, 62 out of 77 Local Electoral Areas that are not designated as Rent Pressure Zones don\u2019t qualify as there is insufficient data collected in these areas. Renters have faced increases of as much as 60 percent outside RPZs \u2013 and still there is no protection for them.<\/p>\n

\u201cThe Rent Pressure Zone protections must be extended nationwide. A rent freeze is also necessary and \u2013 combined with a rent credit \u2013 would mean unaffordable rents would actually be reduced.\u201d<\/p>\n

September 27, 2022<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Rent Pressure Zones must be extended nationwide The proposed tax credit for renters in today\u2019s budget will be gobbled up by landlords through rent increases, according to Social Democrats TD Cian O\u2019Callaghan. Deputy O\u2019Callaghan, who is the party\u2019s spokesperson on Housing, said: \u201cWithout properly enforced nationwide rent controls, the tax credit for renters will simply […]<\/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-1906","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cian-ocallaghan","category-housing-crisis","category-press-release"],"acf":[],"yoast_head":"\nTax credits for renters will be gobbled up by landlords - 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\/tax-credits-for-renters-will-be-gobbled-up-by-landlords\/\" \/>\n<meta property=\"og:locale\" content=\"ga_IE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tax credits for renters will be gobbled up by landlords - Social Democrats\" \/>\n<meta property=\"og:description\" content=\"Rent Pressure Zones must be extended nationwide The proposed tax credit for renters in today\u2019s budget will be gobbled up by landlords through rent increases, according to Social Democrats TD Cian O\u2019Callaghan. Deputy O\u2019Callaghan, who is the party\u2019s spokesperson on Housing, said: \u201cWithout properly enforced nationwide rent controls, the tax credit for renters will simply […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.socialdemocrats.ie\/tax-credits-for-renters-will-be-gobbled-up-by-landlords\/\" \/>\n<meta property=\"og:site_name\" content=\"Social Democrats\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/socialdemocratsireland\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-27T09:44:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.socialdemocrats.ie\/wp-content\/uploads\/2023\/09\/4475-366-scaled-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"ZOO Admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@SocDems\" \/>\n<meta name=\"twitter:site\" content=\"@SocDems\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ZOO Admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.socialdemocrats.ie\/tax-credits-for-renters-will-be-gobbled-up-by-landlords\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.socialdemocrats.ie\/tax-credits-for-renters-will-be-gobbled-up-by-landlords\/\"},\"author\":{\"name\":\"ZOO Admin\",\"@id\":\"https:\/\/www.socialdemocrats.ie\/#\/schema\/person\/4aa25e1b0ecfe5e51a2ceab9a9006960\"},\"headline\":\"Tax credits for renters will be gobbled up by landlords\",\"datePublished\":\"2022-09-27T09:44:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.socialdemocrats.ie\/tax-credits-for-renters-will-be-gobbled-up-by-landlords\/\"},\"wordCount\":272,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.socialdemocrats.ie\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.socialdemocrats.ie\/tax-credits-for-renters-will-be-gobbled-up-by-landlords\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.socialdemocrats.ie\/wp-content\/uploads\/2023\/09\/4475-366-scaled-1.jpg\",\"articleSection\":[\"Cian O'Callaghan\",\"Housing Crisis\",\"Press Release\"],\"inLanguage\":\"ga-IE\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.socialdemocrats.ie\/tax-credits-for-renters-will-be-gobbled-up-by-landlords\/\",\"url\":\"https:\/\/www.socialdemocrats.ie\/tax-credits-for-renters-will-be-gobbled-up-by-landlords\/\",\"name\":\"Tax credits for renters will be gobbled up by landlords - 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