'Rent controls are working': Housing minister believes rate of rising rents will moderate – TheJournal.ie

Eoghan Murphy speaking to the media about details of the housing budget at Government Buildings. Image: Leah Farrell Eoghan Murphy speaking to the media about details of the housing budget at Government Buildings. Image: Leah Farrell

HOUSING MINISTER EOGHAN Murphy has said he believes the rate at which rents are rising will moderate in the next couple of months.

Speaking at a press conference today, TheJournal.ie asked the minister why Budget 2020 did little for renters in Ireland at a time when the national average rent is now over €1,200 per month. 

The latest rent index report from the Residential Tenancies Board showed that from April to June 2019, the standardised national rent was €1,202 per month, that’s up from €1,123 one year earlier. 

While Finance and Public Expenditure Minister Paschal Donohoe said “the high cost of renting is a key concern for

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