Fairness is in short supply when it comes to putting a roof over your head in 21st century Ireland. And what better illustrates the almost incomprehensibly bonkers and inequitable nature of the Irish home market better than the cost of buying versus the cost of renting. A home owner rather than renter is clearly in
Minister for Housing Eoghan Murphy has said rent pressure zones are starting to work despite a 7 per cent year-on-year increase in rents nationwide. Rents in Dublin increased in the second quarter to €1,713 a month, up from €1,599 for the same period last year. This amounts to a 7 per cent increase despite the
Sir, The Minister for Housing has this week added Carlow and Macroom to the list of rent pressure zones. Why does he adopt this drip-feed approach? Why not designate the entire country a rent pressure zone with a single stroke of his pen? – Yours, etc, MARY MORRISSEY, Castletownbere, Co Cork.
Image: Mark Stedman via RollingNews.ie Image: Mark Stedman via RollingNews.ie TWO NEW AREAS of the country have now met the criteria to become Rent Pressure Zones (RPZs). This comes as the latest rent index report from the Residential Tenancies Board has been published, which has found that the standardised national average rent over €1,200 per
Two more areas, Carlow and Macroom, have been designated Rent Pressure Zones as rents across the country continue to rise. According to the latest report from the Residential Tenancies Board, the average rent in Dublin is €1,713 – an increase of €114 on the same time last year. Nationally the average rent, in the period from April to June
1. What is the Residential Tenancies Act? The Residential Tenancies Act 2004 is the main legislation in Ireland governing the rights and obligations of landlords and tenants. The Act applies to every dwelling that involves a landlord/tenant relationship with a few exceptions e.g. holidays homes. Further exceptions are set out in section 3(2) of the
Carlow and Macroom have become the two latest areas to be designated as Rent Pressure Zones. The Residential Tenancies Board has informed Housing Minister Eoghan Murphy that the new designations will apply as of today. It comes as the board’s latest index shows a 7% annual increase in national rents. Rent Pressure Zone designation means