Landlords hit out at minister’s plan to link private rents to cost of living

An organisation of landlords has raised concern over a proposal by Housing Minister Jan O’Sullivan that a law be introduced to cap private rentals.

Acknowledging that the rental sector is disorganised, Ms O’Sullivan said private rents should be pegged to the cost of living, a suggestion that has drawn the wrath of the Irish Property Owners Association (IPOA).

Chairman Stephen Faughnan said: “Minister O’Sullivan appears to accept that Ireland is not like other countries in regard to the culture of renting, but she still would like to put a legislative noose on the free market.