Rent increase in Dublin City shows that government is failing renters – Denise Mitchell TD
Sinn Féin TD for Dublin Bay North Denise Mitchell has commented on the publication of the RTB rent index for Quarter 2 of 2019 stating that “the government is failing renters and we need to urgently introduce a rent freeze”.
The Sinn Féin spokesperson for Dublin said:
“Data released today by the Residential Tenancies Board in its Q2 report for 2019 shows that the average annual state-wide rent rise at 7%.
“Rents have breached the rent pressure zone cap of 4% in 22 out of 26 counties.
“In Dublin City, renters are experiencing an increase of almost 9% this year. No one wages raise by that amount and the burden that rents put on workers is only growing worse.
“Average rent in Dublin now €1700 per month. The fact that in this city, your rent can easily run at more than €20,000 is staggering.
“Minister Murphy must now accept that his policy is 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 explain to the public why this government doesn’t care about renters.”