New measures linking rent hikes to inflation are too late, says Sinn Féin

The Residential Tenancies Board will establish and maintain a new rent pressure zone calculator and will have the power to sanction any landlord who increases rents beyond the set-out rates.

The Government has been accused of "acting after the horse has bolted" as new measures link rent hikes to inflation.

Housing Minister Darragh O'Brien has announced that the current 4% cap on rent increases will be axed and any hikes must now be linked to inflation instead.