Rents Surge To 17% Prompting O'Brien To Purse Rogue Landlords – Nova.ie

The Government will crackdown on rogue landlords as we see rents surge to 17% in parts of the country. The Irish Examiner reports hikes of up to 11% seen across high-demand areas where rental price increases are supposed to be controlled. Up 7% year-on-year, the average nationwide rent currently stands at €1,352 per month.

The Residential Tenancies Board (RTB) has been instructed by Minister for Housing, Darragh O’Brien to “aggressively identify and pursue” rogue landlords. O’Brien warns that some landlords are contravening the Government’s Rent Pressure Zone (RPZ) legislation, ruling increases cannot be higher than general inflation.

However, Government measures to protect tenants are said to be failing by expert on housing policy, Dr Rory Hearne. The assistant professor in social policy at Maynooth University believes the latest rent increases are further proof of this and that calls for a clampdown on landlords are pointless, unless the RTB is given extra powers

Continue reading this atricle at https://www.nova.ie/rents-surge-to-17-prompting-obrien-to-pursue-rogue-landlords-211313/