Dáil debates
Thursday, 24 November 2022
Ceisteanna ar Pholasaí nó ar Reachtaíocht - Questions on Policy or Legislation
12:30 pm
Leo Varadkar (Dublin West, Fine Gael) | Oireachtas source
Perhaps it is all. I am not sure about London, which is still part of Europe, although let us not go there. We all agree that rents in Ireland and in Dublin are unacceptably high. What can we do about it? A rent credit will kick in within the next few weeks. This will put €1,000 back into the pocket of the average single renter and €2,000 into the pockets of a couple. That will help. The best part of a month's rent will be back in renters' pockets within a few weeks. We are scaling up cost rental, a new form of rental where the Government provides properties for rent. We need to see a lot more of that. There are also the rent pressure zones. I refer the Deputy to the Daft report from earlier in the week. When properly studied and understood, it shows that, for the vast majority, 75%, of renters, rents increased by approximately 2.5%. That is the result of the rent pressure zones.
No comments