{"id":7155,"date":"2024-08-26T11:20:23","date_gmt":"2024-08-26T10:20:23","guid":{"rendered":"https:\/\/www.socialdemocrats.ie\/?p=7155"},"modified":"2024-08-26T11:20:23","modified_gmt":"2024-08-26T10:20:23","slug":"latest-daft-report-is-further-proof-that-rpz-limits-are-being-breached","status":"publish","type":"post","link":"https:\/\/www.socialdemocrats.ie\/ga\/latest-daft-report-is-further-proof-that-rpz-limits-are-being-breached\/","title":{"rendered":"Latest Daft report is further proof that RPZ limits are being breached"},"content":{"rendered":"<p>The latest Daft.ie Rental Price Report proves that the maximum rent increases allowed for in Rent Pressure Zones (RPZs) are not being enforced, according to Social Democrats TD Cian O\u2019Callaghan.<\/p>\n<p>Deputy O\u2019Callaghan, who is the party\u2019s housing spokesperson, said:<\/p>\n<p>\u201cThe report published today shows that market rents rose by an average of 2 per cent in the second quarter of 2024. This marks the 14<sup>th<\/sup>\u00a0consecutive quarter in which rents nationwide have increased \u2013 and the 45<sup>th<\/sup>\u00a0time in the last 48 quarters.<\/p>\n<p>\u201cThe average open market rent nationwide rent for Q2 of this year was \u20ac1,922 per month \u2013 up 7.3 per cent year-on-year and 41 per cent higher than before the outbreak of Covid-19.<\/p>\n<p>\u201cAverage market rents in Dublin were \u20ac2,427, up 3.5 percent, while the \u20ac2,000 mark has now been breached in Cork, Limerick and Galway at \u20ac2,005, \u20ac2,107 and \u20ac2,114 respectively.<\/p>\n<p>\u201cAs previous Daft reports have found, availability on the rental market continues to be extremely tight. On August 1, there were just over 2,200 homes available to rent \u2013 exactly half the average of 4,400 for the years 2015-2019.<\/p>\n<p>\u201cThe latest figures are further proof that the maximum 2 per cent rent increases allowed for in Rent Pressure Zones (RPZs) are not being enforced, which is putting renters under huge pressure.<\/p>\n<p>\u201cDue to the critical state of the market, it is essential that thousands of cost rental homes are built each year. However, given this Government\u2019s appalling lack of delivery in this area, it is clear that it is going to take a general election before we can achieve this.\u201d<\/p>\n<p><em>August 26, 2024<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The latest Daft.ie Rental Price Report proves that the maximum rent increases allowed for in Rent Pressure Zones (RPZs) are not being enforced, according to Social Democrats TD Cian O\u2019Callaghan. Deputy O\u2019Callaghan, who is the party\u2019s housing spokesperson, said: \u201cThe report published today shows that market rents rose by an average of 2 per cent [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":2065,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[278,10,7],"tags":[],"class_list":["post-7155","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 v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Latest Daft report is further proof that RPZ limits are being breached - 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\/latest-daft-report-is-further-proof-that-rpz-limits-are-being-breached\/\" \/>\n<meta property=\"og:locale\" content=\"ga_IE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Latest Daft report is further proof that RPZ limits are being breached - Social Democrats\" \/>\n<meta property=\"og:description\" content=\"The latest Daft.ie Rental Price Report proves that the maximum rent increases allowed for in Rent Pressure Zones (RPZs) are not being enforced, according to Social Democrats TD Cian O\u2019Callaghan. 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