Cap on rents in Cork and Dublin from next week

Rents will be capped in Dublin and Cork City from next week while other cities and commuter counties around the capital may be designated as ‘rent pressure zones’ from next year.

Crunch talks between Fine Gael and Fianna Fáil concluded yesterday with the latter agreeing to allow the Government’s rent control measures to pass through the Dáil.

Rent rises will be capped in four Dublin areas and Cork City, possibly by next week, when measures go through the Seanad and are signed by the President.