Oireachtas Joint and Select Committees

Wednesday, 27 November 2013

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance

Finance (No. 2) Bill 2013: Committee Stage (Resumed)

2:20 pm

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

I have one final observation. An absence of social housing is not driving up rents in the private rental sector because there are income caps before someone can go into social housing. What is driving up rents is that there is a group who would purchase properties but are saturating the rental sector in a wait-and-see approach.

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