Close

Follow Lovin Dublin

The Rental Market Is In "Extraordinary Crisis", According To TD Micheál Martin

By una

December 20, 2016 at 12:10am

Share:

Fianna Fáil leader and TD for Cork South Central, Micheál Martin has raised the findings of the Daft.ie Irish Rental Report in the Dáil chamber this morning.

He said that the rent hikes outlined in the report represent "extraordinary crisis".

Martin went on to explain that it's the largest rent increase ever recorded and that it is worsening the homelessness problem.

Taoiseach Enda Kenny was then asked by Martin what the government intends to do about the rent increases.

Kenny accepted the situation as "serious" and explained that the government has introduced measures to increase housing supply.

The discussion in the Dáil emerged from the statistics from the Daft.ie report which revealed an overall increase of 45% in rent since 2011 and an inflation of 11%.

READ NEXT: This Bride Got A Fairly Predictable Response To Suggesting A 'Dry Wedding'

Share:

Join the Lovin Dublin Newsletter

* indicates required

Interests

Marketing Permissions

Please select all the ways you would like to hear from Lovin Media Group:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here.