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Soaring rents point to need for immediate government action on rental inflation- Ó Broin

9 May, 2016 - by Eoin Ó Broin TD

Sinn Féin TD and member of the Dáil Housing and Homeless Commitee, Eoin Ó Broin, has called on the government to declare a housing emergency and implement a number of immediate measures to tackle soaring rents across the state.

Commenting today on the figures in the latest Daft quarterly rental report, Deputy Ó Broin said:

“This report states that rents rose across the state by an average of 2% in the first three months of 2016.

“For the first time since the second quarter of May 2008 the average rent across the state is above €1,000, standing at €1,006.

“In Dublin, the picture is even bleaker for renters, with rental inflation for the year to March 2016 at 8.8%.”

Deputy Ó Broin continued:

“The government’s draft programme for government did not reference any form of rent certainty or rent controls as being viable tools to provide some security for tenants.

“Minister Coveney must revisit this omission and introduce real rent certainty.

“Rent increases and decreases must be linked to the Consumer Price Index and housing assistance payment rates must be adjusted in line with current market rents.”

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