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Ceisteanna ó Cheannairí - Leaders' Questions (10 Jun 2025)

Micheál Martin: But the Deputies announced that march before the proposal was even announced.

Ceisteanna ó Cheannairí - Leaders' Questions (10 Jun 2025)

Micheál Martin: That sums it up. The Deputies just change the narrative every time it suits.

Ceisteanna ó Cheannairí - Leaders' Questions (10 Jun 2025)

Micheál Martin: The bottom line is if you are an existing tenant there will be no change.

Ceisteanna ó Cheannairí - Leaders' Questions (10 Jun 2025)

Micheál Martin: It is as simple as that. There will be no change if you are an existing tenant, okay.

Ceisteanna ó Cheannairí - Leaders' Questions (10 Jun 2025)

Micheál Martin: There is no reset at six years for an existing tenant. However, if-----

Ceisteanna ó Cheannairí - Leaders' Questions (10 Jun 2025)

Micheál Martin: New tenancies, new builds and new apartments that will come on stream, hopefully, because this is about supply. With the greatest respect in the world, if we had adopted half of what Deputy Murphy proposed we would have no supply at all in the market. That is the fundamental difference. We need more apartments, we need more houses and we need more in the rental market. In many...

Ceisteanna ó Cheannairí - Leaders' Questions (10 Jun 2025)

Micheál Martin: Existing tenancies are capped and will remain capped at 2%.

Ceisteanna ó Cheannairí - Leaders' Questions (10 Jun 2025)

Micheál Martin: Yes, that is what it says.

Ceisteanna ó Cheannairí - Leaders' Questions (10 Jun 2025)

Micheál Martin: Deputy Ó Broin will have a chance later. The fundamental objective is twofold: policy certainty and protection for renters and increased supply. I respect Deputy O'Callaghan's commitment and interest in this, but he and his party have been very weak on the supply side. All of its proposals over the past three years, cumulatively, would reduce supply and do nothing to increase it. We...

Ceisteanna ó Cheannairí - Leaders' Questions (10 Jun 2025)

Micheál Martin: The involvement of the State is enormous. It has to be balanced and supplemented with significant private sector investment. This is just one measure. On its own it will not do it. It will need to be accompanied by other measures. Last week, we took a decision to legislatively roll over planning permissions that might have been delayed by judicial reviews to keep supply going. It has to...

Ceisteanna ó Cheannairí - Leaders' Questions (10 Jun 2025)

Micheál Martin: First, the one proposal the Deputy's party has come forward with is the savings incentive scheme.

Ceisteanna ó Cheannairí - Leaders' Questions (10 Jun 2025)

Micheál Martin: I will answer the question.

Ceisteanna ó Cheannairí - Leaders' Questions (10 Jun 2025)

Micheál Martin: The scheme the Social Democrats came forward with would take years to accumulate the funding for investment. It would not produce a single house over the next three to four years.

Ceisteanna ó Cheannairí - Leaders' Questions (10 Jun 2025)

Micheál Martin: In respect of Finland, the Deputy is correct.

Ceisteanna ó Cheannairí - Leaders' Questions (10 Jun 2025)

Micheál Martin: I am answering the question.

Ceisteanna ó Cheannairí - Leaders' Questions (10 Jun 2025)

Micheál Martin: If the Deputy reads the Housing Agency report - and I invite her to do so in its entirety - and looks at the ESRI analysis of the rental market, in reviewing both the domestic and international literature and so on, she will see there has been a negative impact, particularly in 2021, on measures we took on supply into the residential market. That is in the report. There must be a balance....

Ceisteanna ó Cheannairí - Leaders' Questions (10 Jun 2025)

Micheál Martin: -----than had been the case, on top of protections which we brought in over the past number of years. Over the past number of years stronger and stronger protections have been brought in for tenants and renters. That will continue under this measure and will be even stronger again in return-----

Ceisteanna ó Cheannairí - Leaders' Questions (10 Jun 2025)

Micheál Martin: There are two things. First, Fianna Fáil has been in government for five years, not ten. That is a fact. Second, Deputy Bacik said people were briefing at the end of February. They were not briefing. What happened was that I went public and said there would be reform and that there would have to be change. I made a general statement saying that we would have to attract private...

Ceisteanna ó Cheannairí - Leaders' Questions (10 Jun 2025)

Micheál Martin: I did not interrupt the Deputy. He does not own the place. He should have the decency to allow an exchange between me and the Labour Party leader. He has not assumed the status of leader yet and may not for a long time to come.

Ceisteanna ó Cheannairí - Leaders' Questions (10 Jun 2025)

Micheál Martin: The fundamental point is that as a result of these packages, we have a national framework of protection. Existing tenants will keep the RPZ at 2%. If we get new builds, which is what we want to do, new tenancies will be capped at the CPI. The protections from no-fault evictions by landlords with four tenancies or more are very significant, and there are other protections and there will be...

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