Cabinet to consider rent sector proposals

Finance Minister Michael Noonan has confirmed that senior civil servants are working on proposals to regulate the house-rental sector and which will be considered by the cabinet before the budget.

Housing issues are emerging as very big problems, he said.

“The big problem of success that’s on the horizon now as the result of all the new people getting jobs, especially in the cities, is housing, whether it is rental or purchase of housing. This is emerging as a very big problem,” he said.