Unchecked rent hikes ‘will hurt recovery’

Ireland’s economic recovery and its chances of attracting foreign firms will be put at risk if the Government’s controversial rent reform plans fail to calm surging hikes for tenants, as well as house prices.

The claim will be made in a detailed new report set to go to Cabinet this morning.

It warns the issue is one of a number of factors which could destabilise the country’s finances if not adequately addressed.