28 May 2022

Offaly TD blasts government for failing to control rent increases

The latest report shows a staggering rate of rent increase

Offaly TD blasts government for failing to control rent increases

Offaly TD blasts government for failing to control rent increases

Fianna Fáil Spokesperson on Housing, Planning and Local Government and Offaly TD, Barry Cowen, has said that unless there is an urgent response from Government, private rents will continue to rise over the next 12 to 18 months, and more and more people will fall victim to homelessness or be forced to move back in with their parents.

Deputy Cowen was responding to the most recent Report which confirms that rents are increasing all over the country.

SEE ALSO: Rents continue to rocket in Offaly

Deputy Cowen said, “The average rent increase is 10% and rents are at an all-time high. Rents in Dublin have increased on average by €380 a month higher than the last peak in 2008. Meanwhile wages and working conditions are poorer."

“There is only one country where rents went up by 4% and that is Donegal .Galway and Waterford rose by 12% while Limerick increased by 15% and Cork by 7.7%," he continued. 

“People are forced to double and treble up in rented accommodation to cover the rent and there are still up to 9,000 people in emergency accommodation and over 85,000 people on the social housing list. There are also thousands of people caught paying high rent as there are no affordable houses being built."

“It is a never ending vicious circle. The Government has to take drastic action and cannot allow this appalling situation to continue," Cowen stated.

“Introducing rent pressure zones have not worked and the Government has to do more to ensure that more properties become available at more affordable prices."

“Whether we like it or not landlords are part of the solution and unfortunately there has been a massive reduction in the number of people providing rental accommodation. There were 212,000 landlords in 2012 and now there are only 175,000," he explained.

“There will have to be some tax incentives introduced to retain and allow more landlords enter the market. To date the Government has even failed to implement the short term-recommendations contained in the Department of Finance working group report on rental accommodation providers. There doesn’t seem to be any sense of urgency from Government in wanting to deal with this crisis," Barry concluded.

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