Government to review private rental market as housing targets set to be exceeded

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The Government are set commission a review of the current private rental market

TAOISEACH MICHEÁL MARTIN says that housing targets for 2022 will be exceeded, as the Government is set to undertake a review of the private rental market next year.

Under the plan, there are to be over 24,600 new build homes constructed across Ireland by the end of the year. The updated plan will also include a review of the current private rental market, which is set to be commissioned by the Department of Housing early next year.It comes as recent reports have shown that there have record shortages in the number of rental properties available to rent, with the latest Daft.ie report showing there were only 716 homes available on 1 August.

“That means we have to be constantly looking at ways to do things in a more timely way,” Martin said.Environment Minister Eamon Ryan is expected to attend the event.

 

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