We need radical action to tackle the rental crisis
The only solution is to build affordable public housing on public land
The industry response to Sinn Féin’s rent reduction and freeze Bill, details of which were revealed earlier this month, was as swift as it was predictable.
Giving hard-pressed renters a break would make the housing crisis worse, the sector claimed. Semi-professional landlords would exit the market. Institutional investors would delay projects. Supply would dry up, and everybody would be worse off. At best, we were told, a rent reduction and freeze would be a distraction ...