Seanad
‹ Order of Business Rents and rent pressure zones
Summary
Senator Byrne cited reports on vulture funds and high rents, argued that Limerick should be designated a rent pressure zone, and called for a debate on escalating urban rents.
The PricewaterhouseCoopers report on rents in Dublin refers to vulture funds buying up properties as they are being built, which affects all of us around the country and is something that makes rents prohibitive for people in the rental market. Limerick has not been included as a rent pressure zone, RPZ, but it needs to be included and I call for the Minister to come to the House for a debate on how we tackle ever-increasing rents in large urban areas.