Sinn Féin housing policies would ‘kill’ private rental market, industry group warns

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Sherry-Fitzgerald News

Housing-Crisis

Institutional investors key to solving housing shortage, but ‘chop and change’ policies driving them away, conference hears

Irish Institutional Property chief executive Pat Farrell: he called for more certainty for institutional investors in the Irish property market. Photograph: Eric Luke

He said funds were “already being built” that were ready to invest in the private rental sector, but that Ireland must tighten up its policy framework to attract them. “There is no certainty for institutional investors. Ireland is seen as an attractive market based on the fundamentals, but it is not seen as an attractive market based on the particular policy framework you have here, which has been categorised by chop and change over the past number of years.

Ms Finnegan called for “an awareness campaign” of what the effects of more rent controls would have on the market.

 

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