‘Large number’ of rental properties recorded price rises beyond caps | Business Post

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‘Large number’ of rental properties recorded prices rises beyond caps, killianwoods reports.

Rents increased nationally by 8.3 per cent year-on-year to €1,397 in the third quarter of 2021, according to the most recent rent index report by the Residential Tenancies Board. Picture: Getty

A “large number” of rental properties in Ireland recorded price increases beyond caps that were imposed to curtail rent inflation, a leading think tank has found. A new report published by the Economic and Social Research Institute has also said that landlords are now increasingly using rent caps as “a reference point or anchor point for pricing decisions”.Subscribe from just €1 for the first month!

 

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