Rent pressure zones are failing- Minister must immediately answer questions in the Dáil - Eoin Ó Broin TD
Sinn Féin Housing spokesperson Eoin Ó Broin TD has called on the Minister to make himself available to take questions from TDs in the Dáil as the Q2 2019 data published today by the RTB shows that rent pressure zones are failing, with the average annual state-wide rent rise at 7%.
Deputy Ó Broin said:
“Data released today by the Residential Tenancies Board in its Q2 report for 2019 shows that rents have breached the rent pressure zone cap of 4% in 22 out of 26 counties.
“In six counties, renters are experiencing double digit rental inflation in a year.
“Average rent in Dublin city is now €1,700 per month. In Q2 of 2019 people renting in Dublin city are paying €1,600 more per year than they were in Q 2 of 2018.
“Outside of Dublin in Limerick City average rents have increased by 10.2% and in Waterford by 14.1%.
“Carlow and Offaly have experienced the highest level of rental inflation in the last year showing that the rental crisis is not just affecting the urban centres and commuter belt.
“While the Minister may claim that the rate of inflation is slowing renters are still being hit with monthly rents well above the 4% cap.
“Minister Murphy must now accept that rent pressure zones failing renters. He must abandon his failing rental strategy and stop claiming that expensive “alternatives” such as co-living will offer any real respite to renters.
“Sinn Féin is reiterating its call for a three-year emergency rent freeze, combined with a refundable tax credit for renters that would put the equivalent of one month’s rent back in their pockets.
“We also need to need a major investment in affordable cost rental in Budget 2020.
“The government is failing renters and Minister Murphy must now come into the Dáil to take questions and explain to the public why this government doesn’t care about renters.”