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Monday, 9 June 2025 08:57

A change to the 2% cap on Rent Pressure Zones will be made tomorrow by Cabinet.

There's a warning renters could be pushed into financial distress or homelessness if rent caps are removed.

Cabinet will meet tomorrow to decide on whether to change the 2 per cent cap in Rent Pressure Zones.

It would still apply for existing tenancies, but in a bid to boost apartment supply, the rent cap wouldn't apply to new-builds.

Castlepollard's Pat Davitt is the CEO of the Institute of Professional Auctioneers and Valuers - he says effects won't be immediate:

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