Drogheda and Greystones declared Rent Pressure Zones – RTÉ News

Minister for Housing Eoghan Murphy has said new figures from the Residential Tenancies Board show rents nationally rose 6.5% in the 12 months to June 2017.

Rents in Quarter 2 in Dublin rose 3.3%, compared to a decrease of 1.7% in the first three months of the year.

Mr Murphy has designated two local electoral areas – Drogheda, Co Louth, and Greystones, Co Wicklow – as Rent Pressure Zones.

He said both areas “have witnessed exceptional rent increases in four of the six quarters previous to Q2 of this year” and “also have an average rent that is above the national average”.

Mr Murphy also said there are suspicions that some landlords may be using refurbishment as a ground to change tenancies or increase rent.

He said to combat this, the Department and the RTB are going to define what exactly constitutes refurbishment.

He also said his department is preparing advice and guidance for local

Continue reading this atricle at https://www.rte.ie/news/2017/0919/905978-rents/