Housing Minister is presiding over a dysfunctional rent control system and an under-resourced Residential Tenancies Board
The latest report from the Residential Tenancies Board is further evidence that rents in Ireland are out of control, according to Social Democrats TD Cian O’Callaghan.
Deputy O’Callaghan, who is the party’s housing spokesperson, said:
“By the end of 2022, rents in Ireland had increased by 7.6 per cent year on year and by 6.9 per cent in Dublin. The average rent for a new tenancy is now €1,507 a month, which rises to €2,063 a month in the capital.
“It’s no wonder homeownership rates are falling as more and more people become trapped in a rental market where it is next to impossible to save for a deposit.
“Rents in Dublin are now rising at multiples of the 2 per cent Rent Pressure Zone cap. It’s clear that Minister for Housing Darragh O’Brien is presiding over a dysfunctional rent control system and an under-resourced Residential Tenancies Board.
“We need to establish a register of rents so that incoming tenants can find out how much rent their predecessors paid. This will allow them to check if rent caps are being properly applied to their tenancy.
“The current opaque system is allowing renters to get ripped off every time they move home. A rent register would bring some much-needed transparency to the Irish rental market.”
June 28, 2023