Thursday, 4 July 2019
Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation
The housing and residential tenancies Bill is listed in the summer legislative programme. This week's Residential Tenancies Board, RTB, data prove that the rent pressure zones, RPZs, are not working. We now have nine quarters of data that show that the 4% cap in Dublin has not tempered rents in any way whatsoever. We had a 7.7% increase this quarter. In quarter 1 of 2018 it was 8.7% and in the previous year it was 8.5%. Average rents in Dublin are €1,600 a month. It is now €3,000 more a year for the average renter in Dublin than it was when the rent pressure zones were introduced. Given the abject failure of the RPZs, will the Minister commit to using the forthcoming housing and residential tenancies Bill to give renters some real relief, both for those struggling with high rents and those locked out of the private rental sector?