News & Events
The homeless and housing charity Peter McVerry Trust has called for legislation to be brought forward to address spiralling rents. The charity made their call following the publication of the latest RTB Rent Index report which shows rents being paid in Dublin are now the highest on record and rents are rising at 8.6% per annum nationally.
Peter McVerry Trust’s CEO Pat Doyle said that the rate of rental inflation is excessive and pushing people into homelessness.
“This latest report from the RTB shows that rents increases are spiralling far beyond the rate of inflation. In fact since March 2015 rents have increased on average by 8.6% nationally, over the same period the Consumer Price Index showed a decrease of 0.3%. The rates of increase are excessive and directly pushing people into homelessness.”
“Unfortunately rising rents will directly correlate with rising numbers in homelessness. Unless we secure measures to introduce smart, fair and effective rent certainty measures we will allow rents to spiral and people and families to become homeless.”
“Rent certainty is a critical component in overhauling the rental system in Ireland. If rents are unaffordable they will continue to contribute to homelessness, they will make secure of tenure impossible for large swathes of renters as the ability to pay rent is increasingly diminished. They are also impacting on the broader economy.”
Mr Doyle concluded by urging the Committee on Housing and Homelessness to make rent certainty a key recommendation in it’s final report. “Next week the Committee on Housing and Homelessness will finalise its report. Among the many critical measures it needs to recommend is a call to urgently legislate to link rents to the rate of the CPI. Without such legislation the rental system will remain dysfunctional.”
Francis Doherty – Head of Communications – 087 9421 051