Monday May 25, 2020

Investment, not further rent control, is best way to stabilise rental sector

Around 40 countries worldwide (including Ireland) have a form of rent control enshrined in legislation

1st March, 2015
Investment is the best way to stabilise rental sector. Picture: Thinkstock

As rents continue to increase in urban Ireland, it is neither surprising nor is it the first time that the existing rent control framework has come under renewed scrutiny.

In 2000, faced with a spiralling affordability problem and rapidly increasing rents, the government commissioned a review of the private rented residential sector.

The commission examined the (then) legislative provisions surrounding rent agreements, and explored rent control models as a way of protecting both sitting and new...

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