Dáil Éireann Debate, Thursday - 13 July 2017
68. Deputy Jan O'Sullivan asked the Minister for Housing, Planning, Community and Local Government when the next review of rent pressure zones will be carried out; if the general review of Rebuilding Ireland will include more substantial changes to the legislation which defined qualification as a rent pressure zone; and if he will make a statement on the matter. [33378/17]
View answerThe Housing Agency continues to monitor the rental market and may recommend further areas for designation as Rent Pressure Zones (RPZs). Following the procedures set out in the Act, where it is found at a future date that additional areas meet the criteria, they will be designated as RPZs.
My Department has initiated a review of the Rent Predictability Measure. At this stage, the measures have been in place for 6 months and data from the Residential Tenancies Board’s Rent Index Report for Quarter 1 2017 is also available. Using this latest data, it will be possible to ascertain the effectiveness of the Rent Predictability Measure.
As part of the review, my Department conducted a public consultation which has allowed members of the public and interested parties to provide their opinions and suggestions on the functioning of the measure. A total of 69 submissions were received during the consultation process, which concluded on 30 June. These submissions will feed into the review of the measure.
The extent of any legislative amendments, if required, will be determined when the report of the review is finalised.
