Cities lose out in Simon Coveney’s rent rise cap for 23 new zones

Rent rises for tens of thousands of tenants in Cork, Galway, and areas around Dublin will be capped from today, but some cities and towns have failed a ‘rent pressure zone’ test, sparking a backlash from TDs.

Housing Minister Simon Coveney last night announced a new wave of rent pressure zones (RPZs), which will see rate rises capped at 4% in 23 new areas.

The Government introduced measures to slow rent inflation in Cork city and all of Dublin late last year, but promised to review other areas. A housing agency review of 15 electoral areas was then assessed by the residential tenancies board.