Enda Kenny (Mayo, Fine Gael) | Oireachtas source

-----and people are being forced by huge increases in rent in some areas to vacate their homes. The conditions for rental pressure zones are set out in the document presented by the Minister and approved by the Government yesterday. Those conditions are very clear. They are assessed by the Residential Tenancies Board, RTB. The essential condition is a sustained increase in rent of over 7%, which is above the national average. We start in Cork and Dublin. The RTB will have the opportunity to assess areas contiguous to those and other cities, which can be included in the area in which rental pressure zones will be authorised and in which the cap of 4% would apply.

In those areas there will be predictability and certainty for the period ahead for those tenancies but it will not interfere with the necessary supply of houses which has been the cause of the upward pressure in recent years.

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