Speaking after the release of a Daft report showing that the average rent in Laois is now €1,146 up by 11.3% from the end of 2020 and a mammoth 117.4% increase in the last decade, Laois Labour Representative Eoin Barry said that rent pressure zone legislation is not worth the paper it is written on.
“It is clear from these figures that there are widespread breaches of rent pressure zones which are unfit for purpose. Rents in Laois are soaring, renters cannot save for a deposit for a house and are trapped paying through the teeth just to keep a roof over their heads. It is not affordable to working people and the Government needs to grab the bull by the horns and introduce an immediate rent freeze and until they do nothing will change in our dysfunctional, dystopian housing market.
“The average rent in Laois for a one-bedroom apartment has risen by 9.1% to €775, a two bedroom house has risen by 8.7% to €927 and a three bedroom house has risen by 9.6% to €1,058 in the last quarter of 2021. That is simply not sustainable.
“We need a rent freeze until supply catches up with demand. There were just 286 homes available to rent in Leinster (outside Dublin) on February 1st of this year. That is completely unsustainable.
“High rents along with the rising cost of living will put increasing pressure on families.
“Security of tenure is also a huge issue for renters and we know that renters in the private rented market are most at risk of entering homelessness. The Government has consistently failed to act to protect renters. The figures show that there is widespread disregard for the rent pressure zone legislation but yet the Government will not act on this.
“The affordability gap in the market needs to be bridged with greater investment by the State in cost rental accommodation. The government must commit to increasing its cost rental targets to deliver affordable rental homes taking account of the true reality of what is needed.