Fears for renters as prices rocket

Cllr Pa Daly: Rents are continuing to rise to increasingly unaffordable levels

A KERRY councillor has said that the latest Daft.ie rent report is further evidence that government policy is failing people who rent.

Cllr Pa Daly said there is a need for an immediate rent freeze on current and new tenancies and a tax credit for enters as well as an urgent roll out of affordable cost rental homes.

“The Daft.ie rent report shows that rents are continuing to rise to increasingly unaffordable levels for most people. The average new rent across the state is now at an all-time high of €1,391,” he said.

He noted that while every county recorded rent increases above the pressure zone cap of four percent, Kerry was one of 13 counties that had double digit rental inflation.

The 13.6 per cent increase in this county was one of the highest increases in the state.

“The government must demonstrate its commitment to affordable cost rental accommodation by local authorities and approved housing bodies,” Cllr Daly said.

“While the Daft.ie report references the Build to Rent developments in the pipeline, it won’t make any difference to most people’s lives unless the homes are affordable, which they won’t be if rents continue to rise.”

The Daft.ie Q2 2019 report is available here: https://www.daft.ie/report/2019-Q2-rental-daftreport.pdf.

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