Oireachtas Joint and Select Committees
Thursday, 23 November 2023
Public Accounts Committee
Appropriation Accounts 2022
Vote 45 - Department of Further and Higher Education, Research, Innovation and Science
Financial Statements 2022: National Training Fund
Report on the Accounts of the Public Services 2022
Chapter 19: National Training Fund
9:30 am
Mr. Paul Lemass:
Since 2016, under the Residential Tenancies Act, the Government has put restrictions on residential tenancies through rent pressure zones. A couple of years later, those protections were extended to students. That means if a student is renting a property, the annual increase in rent is restricted. It started off at 4% and is now 2%. The annual increase in rent on a property is restricted to 2% in a rent pressure zone. I would imagine that almost all of the higher education institutes are in rent pressure zones. That would be my sense at the moment, although I can double check that.
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