Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

Whether it is San Francisco or Berlin, or even in the debate taking place regarding the implementation of a rent freeze in Scotland, the warnings are clear. Of course it delivers a benefit to those in rental accommodation who need support but it will deter the supply of more rental accommodation in future. This is why, even though I can understand its attraction, such a measure would lead to less rental accommodation being available. By doing this, in turn it will lead to higher rents. We have measures in the rental pressure zones that cap the annual increase in rental levels at 2% per annum and 75% of rental properties throughout the State are now in rent pressure zones. For these reasons, I am not in a position to accept the amendments.

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