The Minister for Housing has expressed strong confidence that new legislation to broaden rent pressure zones (RPZs) across Ireland will be enacted within the current week. During a press briefing focused on the government’s approach to the housing emergency, the minister emphasized that the issue remains a top priority and that momentum is building behind various critical policy responses. The …
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New-Build Rents to Be Linked to Inflation Under Cabinet Plan
Rents on newly-constructed residential properties in Ireland could soon be tied to inflation rates rather than being restricted to a 2% annual cap. This potential policy shift, to be considered by Cabinet next week, is part of a broader plan from Minister for Housing James Browne aimed at addressing financial challenges facing property investors and ensuring greater clarity in the …
Read More »Minister Says Target of 41,000 New Homes This Year Will Be Tough to Hit
Minister for Housing James Browne has acknowledged that the Government’s pre-election commitment to deliver 41,000 new homes in 2025 is now highly unlikely to be met. Speaking at the launch of the St Teresa’s housing development in Dublin — a project first discussed over 25 years ago — the minister described the target as extremely difficult to achieve, citing a …
Read More »New Proposal Lets Landlords Hike Rents by 2 Percent After RPZs End
Minister for Housing James Browne has received a policy proposal from the Housing Agency outlining possible changes to the current rent control system. The paper, delivered to the Department of Housing within the past week, presents three options regarding the future of rent pressure zones, which are scheduled to lapse at the end of 2025. The three scenarios include continuing …
Read More »Government misses 2024 target for new social housing
The Government fell short of its target for new social housing construction last year, delivering more than 1,400 fewer homes than planned under the Housing for All strategy. Minister for Housing James Browne acknowledged the shortfall, stating that each local authority is now expected to make every effort to hit their 2025 goals. The 2023 goal was to deliver 9,300 …
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