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New Measures To Tackle Rising...

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New Measures To Tackle Rising Rents

98FM
98FM

10:29 27 Sep 2015


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The government's reported to be planning measures to curb rent increases for the next four years.

The new legislation would ensure that private-sector rents can only rise in line with the consumer price index.

A report in today's Sunday Times suggests the measure could be added to the Residential Tenancies Bill which is currently before the Seanad.

Rents were up between 7 and 9 per cent in the twelve months to June.

Housing charities say the rises are contributing to the growing homelessness crisis.


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