Housing Minister to Present Rent Capping Law to Cabinet

A bill that would cap rent increases at a maximum of 2% will be presented to Cabinet this week, the housing minister said.

arragh O’Brien said the bill will be presented to a Cabinet meeting on Thursday.

It will cap rent increases at 2% or the level of inflation measured by the Harmonized Consumer Price Index, whichever is the lower level.

Mr O’Brien was speaking at the launch of a new campaign at Grand Canal Dock to raise awareness of tenant rights.

The campaign, which will be launched by the Threshold housing charity, aims to highlight the support that exists for private tenants in Ireland amid the wider housing crisis facing the country.

The association hopes to reach a range of vulnerable tenants, including students and new immigrant communities renting in Ireland.

Threshold’s mission is to solve housing issues and prevent homelessness by providing urgent solutions to private tenants who may experience issues with their rental.John-Mark McCafferty, CEO of Threshold

“Obviously right now and we’ve seen it over the last few months in particular, we’ve seen rents continue to rise,” Mr. O’Brien said.

He described the bill as a “big change, a big move” on the part of the government.

The Housing Department is supporting the Threshold campaign and Mr O’Brien said it was an extremely important issue.

“It is so important that people know what their rights are,” he told reporters.

A Threshold survey of 500 tenants, aged 18 to 44, suggested that 43% of them had suffered unfair rent increases.

Almost one in three people say they have experienced discrimination when renting.

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Darragh O’Brien said the proposed legislation is a “significant change” (Niall Carson / PA)

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Darragh O’Brien said the proposed legislation is a “significant change” (Niall Carson / PA)

John-Mark McCafferty, CEO of Threshold, said Tuesday: “Threshold’s mission is to address housing issues and prevent homelessness by providing urgent solutions to private tenants who may experience problems with their tenancies.

“With one in three private renters saying they cannot pay their current rent, this campaign highlights several issues identified by Threshold as the most common and urgent issues facing tenants in Ireland, including evictions , unfair rent increases, consistently poor rental standards, etc. . “

Mr O’Brien said he hoped the legislation would be ready before the end of the year, if approved by Cabinet.

He said the legislation would give “tenants and landlords” certainty.

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