The whole of Co. Kildare is currently a rent pressure zone
The Minister for Housing says he is considering extending Rent Pressure Zones to cover the entire country.
Currently 24% of the country is not a rent pressure zone, meaning rents can increase at the same rate as inflation.
But for those living within zones - which the whole of Co. Kildare is - rents cannot increase by more than 2%.
Darragh O'Brien says he is seeking legal advice to extend the zones further, but that supply is the biggest issue:
Minister O'Brien says the supply of new homes should meet demand sometime around 2024.
He does however note issues will likely continue due to the pent up demand in the system due to the pandemic.
Building shutdowns caused by the pandemic meant fewer homes than needed were built over the last two years.
The Minister says building is set to ramp up strongly in the coming years:
Court Orders Demolition Of 29 Unauthorised Modular Homes Built By Kildare Developer
170 People Arrested In Past Week For Driving Under Influence Of Alcohol Or Drugs
€239k For Clane Playground As Kildare Secures Funding For Just Two Projects
Minister’s Letter: DART+ South West Entirely Dependent On Successful Delivery Of DART+ West
Kfm Weekend Obituary Notices
Two Men Charged In Connection With €4 Million Cocaine Seizure In Kildare And Wexford
Driving Testers At RSA Balloted For Industrial Action Over Concerns About Uninsured Vehicles
Homes Undelivered After Substantial Deposits Paid, Kildare Council Warns Of Potential Unauthorised Works
