Rent Pressure Zone not working – Adams

Sinn Féin Louth TD Gerry Adams has described the government’s decision to create 19 new rent pressure zones, including incorporating all of County Louth within this new arrangement, as“insufficient to tackle the housing crisis in Louth and across the state.”

The Louth TD raised the issue in the Dáil today with Housing Minister Eoghan Murphy. Teachta Adams said:

“The decision to include all of County Louth in a Rent Pressure Zone, gives little protection to those struggling to find accommodation, or to tenants trying to hold on to their home.

Rent Pressure Zones in isolation are not the answer in Louth, nor anywhere else. The first quarterly Daft.ie rent report for 2019 shows that every county recorded rent increases above the Rent Pressure Zone cap of 4%. 

The average monthly rental for Louth is one thousand two hundred and six euro which is an increase of 7.6% on last year. This is an increase of 44% since this government came to power.

The Minister needs to explain why he waited more than two years to include Louth in the Rent Pressure Zones. His failure to act allowed rents to increase substantially.

The Minister is failing to protect renters who need rent certainty. There clearly needs to be an increase in the supply of real social housing units. But immediate action by the Minister should include a rent freeze and a refundable, one-month tax credit for renters to help ease the burden on families. We also need to see the urgent roll out of affordable cost rental schemes.”