The Government’s announcement of nationwide rent pressure zones has sparked a sharp increase in landlords selling their properties, with some areas reporting that over 80% of recent sales are from exiting landlords. The Real Estate Alliance Average House Price Index reveals that the June announcement was followed by an immediate spike in landlord sales across … Read more
The head of Ireland’s Residential Tenancies Board (RTB) has defended the effectiveness of rent control measures that could potentially be discontinued by the Government at the end of this year, stating that the regulations are delivering tangible benefits to tenants nationwide. The RTB chief confirmed that the organization has formally communicated its position on rent … Read more
Property owners have welcomed Taoiseach Micheál Martin’s suggestion that Rent Pressure Zones (RPZs) could be replaced with an alternative system. The Irish Property Owners’ Association (IPOA) expressed strong support for potential changes to the current regulations, which limit annual rent increases to 2% in designated high-pressure areas. Currently effective until December 2025, RPZs were introduced … Read more