Dublin City Council acts to block rental-only developments
New policy would be designed to increase the number of apartments available for buyers and limit the spread of build-to-rent schemes
Developers would be blocked from building new apartment complexes solely made up of rental units under new rules being drafted by Dublin City Council.
Last week, the local authority entered the second stage of drafting its new development plan for the 2022-2028 period. The new version includes specific policies aimed at preventing over-concentration of build-to-rent accommodation in pockets of the city, and increasing for-purchase homes.
The measures, if adopted, would require developers to demonstrate that ...