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‘Rent Pressure Zones’ Will Have Price Caps, According To This New Plan Lovin Dublin
The Irish Property Owners Association (IPOA) says it is considering bringing in a raft of new charges in response to the Government’s rent caps. Last night the Dáil passed all stages of legislation that will limit rent increases in so-called pressure zones at four percent per year. The IPOA has issued a list of charges
Fianna Fáil has called for the Competition Authority to investigate a group of landlords who are threatening to bring in a number of new charges for tenants in response to Government measures to control rents. The Irish Property Owners’ Association (IPOA), which represents 5,000 landlords, said it was considering imposing 12 new levies on tenants
It is hard to know whether the threat by landlords to withdraw from State rental schemes and pass on a raft of charges to tenants is posturing, or a reality the Government will have to face. Housing Minister Simon Coveney’s rent control measures outlined this week, which are expected to become law before Christmas, have
A lobby group representing landlords has said its members are considering introducing a raft of new charges for tenants and withdrawing from State-sponsored letting schemes in response to the Government’s rental plans. The legislation, which will cap annual rent increases at 4% in parts of the country for the next three years, was passed in the Dáil
Housing Crisis Q&A: What is a Rent Pressure Zone? Irish Independent
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However, the body which represents private landlords said the new measures signalled “the death knell of the private rental sector” and warned that it could prompt many landlords, and particularly those with properties in the areas affected by the rent pressure zones, to walk away. Among those giving a guarded welcome to the Government’s plan
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