Sinn Féin TD Pauline Tully has commented on the latest rental report from DAFT.ie which shows that rents are continuing to rise across the state with renters in Cavan facing hikes of 16.9% annually, while renters in Monaghan face an increase of 13.8%. The average monthly asking rent for the third quarter of 2021 in county Cavan was €899, while in Monaghan it was €912.
Teachta Tully said:
“The DAFT.ie rental report for the third quarter of 2021 shows that the average asking rent in Cavan is up almost 17%, and almost 14% in Monaghan. These rent rises are the first data set reflective of the changes made to the rent pressure zone legislation which linked rents in inflation.
“This is a huge expense for households to burden.
“The rental crisis continues unabated. Minister for Housing Darragh O’Brien’s ham-fisted attempts to tweak failing rent pressure zone legislation has failed and has left thousands of renters struggling to keep a roof over their heads.
“It is clear from this report that affordable rental supply is non-existent now in most parts of the state. For example, in my own constituency of Cavan-Monaghan there are only 13 homes available to rent across Co. Cavan and only 7 in Co. Monaghan.
“Sinn Féin has a plan for the rental system. It is a plan that is fully costed and researched. We would ban rent increases. We would introduce a refundable tax credit to ease the burden we would fundamentally overhaul the housing system and prioritise the delivery of genuinely affordable homes. We would deliver 4,000 affordable rental and purchase homes annually”
