Upward-only rent: the economic cost of broken promises
With retailers crumbling under the weight of upward-only rent reviews and the government's U-turn, is the 'constitutional' excuse nonsense? Ian Kehoe reports.
Ian Kehoe
John Perry looked as if he wanted to be somewhere else. Anywhere else, in fact. The minister of state was trying to justify his government's decision not to abolish upward-only rent reviews, the *bÁte noire* of the Irish retail industry. Perry, however, was clearly uncomfortable.
Who could blame him? The abolition of the rental clause was a key election pledge by both coalition partners. Yet, months after forming a government, the new cabinet...
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
Related Stories
The year in review
The best writing and and the biggest stories of 2019 from the Business Post
Newsround: What Thursday’s papers say
Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals
More cycle routes, expansion of Luas to Bray and new bus network proposed
Greater Dublin Area draft Transport Strategy published
