I raise the issue of IRES real estate investment trust, REIT. A number of renters from different complexes it has have been in touch with me. It is deeply alarming that IRES REIT, which is Ireland's largest vulture landlord, owning over 4,000 properties, is refusing tenants permission to replace a tenant who leaves in flat-share situation. The remaining tenant has been told they must pay the full rent. One tenant who is in touch with me is going from paying €1,000 per month to having to pay the entire apartment's rent of €2,000 per month. This is a new practice by IRES REIT to take advantage of the Government's new rental rules by getting around the no-fault eviction situation and it can let it out at full market rent. It is disgraceful, in a housing emergency, that our biggest landlords are allowing rooms to lie idle because they do not want them to be rented out so they can get all the tenants out the apartment and then bring in full market rents.

The Taoiseach said in the Dáil in February: "Existing tenancies will not be negatively impacted as a result of the changes in the rent rules." Here are existing tenants who are facing economic eviction as a result of the Government's new measures.

The Taoiseach to respond, Deputy Hearne. Prepare your question in time.

Will the Taoiseach intervene and stop IRES REIT engaging in this exploitation?

The Deputy will have to acknowledge that a very substantial part of those reforms was about protecting tenants. That should at least be acknowledged. I will speak to the Minister in respect of this practice, which was not intended in any shape or form, to see how we can deal with that.