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Private rented sector failing and needs urgent reform - Lynn Boylan MEP

22 October, 2016 - by Senator Lynn Boylan

Dublin MEP Lynn Boylan has called on the Government to urgently introduce reforms to the private rented sector, as many families simply "cannot afford to wait any longer.”

Lynn Boylan said:

"The private rented sector is not fit for purpose. It isn’t working.

"A litany of reports, including RTB, DAFT and the most recent Savills report have demonstrated that rent prices are rising rapidly and in many areas are now higher than they were at the height of the boom.

"Yet, Fine Gael and Fianna Fáil continue to oppose rent certainty.

"Sinn Féin’s Bill on Rent Certainty, which would have linked rent increases and decreases to the consumer price index, was vote down by the Fine Gael/Fianna Fáil partnership last June.

"This measure could have saved families up to €2,000 per year.

"Last week in the Seanad, Fine Gael, aided and abetted by Fianna Fáil, yet again voted against a Sinn Féin Rent Certainty Bill.

"The crisis in renting, in homelessness and in housing needs action.

"This is not complex. Tenants need certainty and security and at the core we need to build more homes.

"We need to turn the nearly 200,000 vacant houses across the state into someone’s home.

"We need to increase the supply of new builds.

"We need to reduce demand on the existing stock by increasing the supply of social housing.

"Sinn Féin will make a written submission to the Department of Housing on its strategy for the rental sector.

"In it we will include recommendations for rent certainty, security of tenure and to change the tax treatment of landlords.

"Minister Coveney has repeatedly said he is willing to listen to helpful suggestions from the opposition.  Hopefully he’s listening now. “


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