“These are not just short-term measures. This is legislation that will endure. Going back a couple of years, it was 4 per cent per year.”
The cap would be “kept under review in the legislation every 12 months or so, because it is a significant change”.Rents for t he student accommodation Mr O’Brien was visiting in UCD range from €831 per month up to €1,300 per month for “penthouse” accommodation. “I’m here looking at new student accommodation, which we need. I’ve been at pains to say to all universities that we need affordable rents for our students, and affordable rents both on campus and off campus,” he said.
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