Rent trap: tenants face double hike in prices as freeze ends – Independent.ie

Tenants are facing a double rent hike this summer when the freeze on prices lifts.

verage national rents can go up €100 a month, and €140 in Dublin, as a loophole allows hikes for two years in one go.

The controversial measure causes a major headache for embattled Housing Minister Darragh O’Brien as he struggles to show progress on the housing crisis.

The move also puts rent costs firmly on the agenda in the Dublin Bay South by-election to be held in July.

Landlords in rent pressure zone (RPZ) areas, where hikes are limited by law, will be able to apply a double increase from July.

A rent freeze during the pandemic meant landlords were not allowed to hike the rents in these areas by 4pc.

Supply was also plentiful in cities as

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