Rent Increases In Rent Pressure Zones Capped At 2% A Year.

Thursday, 4 November 2021 15:30

File image: Housing Minister, Darragh O'Brien/RollingNews

The entirety of Co. Kildare is an RPZ.

Ministers have approved a plan to cap rent increases at two per cent in Rent Pressure Zones, which includes the entirety of Co. Kildare.

It's after proposals to limit rent increases to 2 per cent per year were brought to Cabinet this morning.

There are 12,000 households living in privately rented accommodation in Kildare.

#HousingForAll update: Minister @DarraghOBrienTD has received Government approval to cap rent increases at 2% per annum in Rent Pressure Zones. This new cap will only operate when general inflation is higher than 2%.
1/6 pic.twitter.com/N3LrkPRy73
— Department of Housing, Local Government & Heritage (@DeptHousingIRL) November 4, 2021

Housing charity Threshold says proposed caps on rent increases are of little comfort to tenants already struggling.

Threshold CEO John Mark McCafferty says the reduction of the cap to 2 per cent is somewhat welcome, but many tenants are already struggling with sky-high rents

Minister Darragh O'Brien says he isn't phased by criticism from both renter and landlord groups

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