Carlow town confirmed as a rent pressure zone | Carlow Nationalist – The Nationalist

CARLOW town has been designated a Rent Pressure Zone (RPZ), which ensures that landlords here can only increase rents by 4% annually.

The designation is an acknowledgement of the soaring rental costs in the town, driven by a significant housing need, proximity to Dublin and high demand among students.

The Department of Housing confirmed last week that Carlow town will become the latest RPZ after the newest Residential Tenancies Board (RTB) rent index showed that between April and June Carlow met the criteria for inclusion. It brings to 44 the number of RPZs across the country.

Welcoming the news, deputy Pat Deering stated that as the economy has recovered, tenants in Carlow have been dealing with increasing rents over the last few years.

“Rents are simply too high in Carlow town now and they are rising unsustainably,” he said. “Where this is the case around the country, the government is

Continue reading this atricle at https://carlow-nationalist.ie/2019/10/02/carlow-town-confirmed-as-a-rent-pressure-zone/