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Government failing Renters as Costs continue to spiral out of control - Ó Broin

13 February, 2018 - by Eoin Ó Broin TD

Sinn Féin Housing spokesperson, Eoin Ó Broin TD, has called on the government to urgently roll out an affordable rental/cost rental scheme as figures published by show that the average rent is now €1,227, with Dublin rents now 26%, or €4,500 a year, higher than their previous high in 2008.

Deputy Ó Broin said:

“Despite the introduction of rent pressure zones, a year after the legislation came into effect rental costs in the fourth quarter in 2017 indicated that there is no end in sight to unsustainable rental costs.

"This is proven by the fact that in Dublin, the increase in rents in the year to December 2017 was 10.9%, 6.9% higher than the 4% cap.

“According to the data contained in the rental report this is the seventh quarter in a row rents have reached an all-time high.

“The government appears to have forgotten the commitments it made in the programme for government and in Rebuilding Ireland to roll out an affordable rental scheme.

"It was nowhere to be seen in the government’s affordable housing announcement a few weeks ago.

“The private market is struggling to provide affordable, good quality accommodation for families, students, young professionals and all those struggling to find HAP accommodation.

"The government must step in and provide homes at an affordable rent on public land.

“In the meantime the government must accept the rent pressure zone legislation is not functioning and the Minister for Housing and Fianna Fáil must reassess their opposition to the introduction of real rent certainty measures.”

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