Louise O'Reilly (Dublin Fingal, Sinn Fein) | Oireachtas source

The recent daft.ierental price report for the first quarter of 2018 shows us that rents across the State have risen by 11.5% over recent months. In north County Dublin they have risen by even more. The increase there is 11.9% which gives us an average monthly rent of €1,761. Rents across the board are now 23% higher than their peak in 2008. The Minister does not need me to tell him that rents are badly out of control and are creating severe affordability issues for those who are trying to access the private rental market. This issue cannot be left unresolved. Will the Minister accept that his rent pressure zone legislation is the latest policy failure from this Government and is not doing what it was supposed to do? Will he introduce real rent certainty be linking rents to an index such as the consumer price index as part of the Residential Tenancies (Amendment) Bill 2018?

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