Seanad debates

Thursday, 16 February 2017

10:30 am

Photo of Jennifer Murnane O'ConnorJennifer Murnane O'Connor (Fianna Fail) | Oireachtas source

The publication of the latest daft.iereport shows that average rent levels across the country are at an historic peak. We in the Dáil and Seanad recently brought in new legislation for rent caps for certain areas, including Dublin, Cork, Galway and Kildare. This seems unfair to me when one looks at this market because the lack of supply in housing is driving rents higher. When there are certain areas with this new rent cap and neighbours without it, it causes confusion. It is unfair. I ask the Minister to re-examine this new rent cap system. Everywhere in the country should be allowed to be part of it. At least it then gives fairness and justice to those counties that are suffering because the Government is not building houses. There is a lack of supply and the biggest issue going forward is that rents are still going up. In 2017, this new daft.iereport says housing is at its highest peaks for rents.

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