Enda Kenny (Mayo, Fine Gael) | Oireachtas source

It proposes that an area be designated - I thank Deputy Burton - as a rent pressure zone, RPZ. The Minister requires that the Residential Tenancies Board, RTB, will prepare a report based on the recent price data which it collects and uses to compile the quarterly RTB rent index, whether the criteria for designation are valid or not. The criteria for that designation are whether in the area concerned annual rent inflation has reached or exceeded 7% in four of the past six quarters and the average rent in the most recent quarter is above the national average rent.

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