Housing Minister Considering Extending Rent Pressure Zone To Cover Entire Country

Wednesday, 22 December 2021 10:19

By Ciara Noble @niaracoble

The whole of Co. Kildare is currently a rent pressure zone

The Minister for Housing says he is considering extending Rent Pressure Zones to cover the entire country.

Currently 24% of the country is not a rent pressure zone, meaning rents can increase at the same rate as inflation.

But for those living within zones - which the whole of Co. Kildare is - rents cannot increase by more than 2%.

Darragh O'Brien says he is seeking legal advice to extend the zones further, but that supply is the biggest issue:

Minister O'Brien says the supply of new homes should meet demand sometime around 2024.

He does however note issues will likely continue due to the pent up demand in the system due to the pandemic.

Building shutdowns caused by the pandemic meant fewer homes than needed were built over the last two years.

The Minister says building is set to ramp up strongly in the coming years:

More from Local News

CARNALWAY BRIDGE KILCULLEN SIGNIFICANT DAMAGE‼️

Approach with caution
Funding Suddenly Approved As Clane School Faces Fire Safety Closure

In correspondence seen by Kfm News, the school said the Board of Management’s foremost priority is the safety of pupils and staff.
Rathangan Locals Relying On Christmas Lights As Main Public Light Source Following Pre-Christmas Blackout

Kfm News understands that the blackout follows a pre-Christmas crash in which a car struck an electricity pole
BREAKING: Clane Primary School To Close After "Non-Compliant" Fire Alarm Deemed A Risk To Life

An email seen by Kfm News stated that the "fire alarm system currently in place in the school is not compliant and poses a risk to life in the event of a fire. As a result, the school cannot remain open until this issue is resolved."
Faulty Software Update Leaves Thousands Of New Passports At Risk Of Travel Problems

Holders are being urged to check the date of issue on the data page of their passport.
Kildare Council Proposes To Relax Rules After Serviced Sites Scheme Fails To Generate Interest

A proposed change to the County Development Plan would widen the eligibility area to a 10-kilometre radius and cut the proof-of-residency requirement to 10 years.
Maynooth's Paul Mescal Explains Why He Prefers London Over Dublin Following Backlash

Audio

He has since clarified the comment, saying London has more opportunity for aspiring artists, and living in Dublin was "frustrating".
European Union Approves Mercosur Trade Deal

Minister for Agriculture and Kildare South TD, Martin Heydon, who said that the Irish government and EU will ensure safeguards are in place for farmers and consumers