Daft rent report 'paints dire picture' as housing charity calls for intervention

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John-Mark McCafferty, chief executive of housing charity Threshold, said a new report 'paints a dire picture' for private renters in Ireland

A housing charity has called for state intervention to bring relief to tenants after record levels of rent increases were reported in recent months.

Read More:Rents continue to skyrocket as grim Daft.ie report shows supply has fallen as inflation reaches 15-year-high The charity called for state intervention for private renters, saying the report comes after the Residential Tenancies Board rent index revealed a 9.2% increase in rent prices in the first quarter of this year.

He also said the increases have been “particularly severe” in areas not protected by the Rent Pressure Zone rules.“This is the cost of a child’s uniform or their school books for a new school year and is resulting in increased financial strain on families already struggling to pay the bills. Threshold said private rental costs will have a particularly adverse impact on students returning to college, or those starting college for the first time this year.

 

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