Increase in rent prices is ‘madness’ and ‘proves Government’s plan is failing’

Tánaiste and Minister for Enterprise Leo Varadkar has defended the Government’s housing plan after Sinn Féin criticised its subsidy scheme for developers and its failure to prevent rents from continuing to increase (Niall Carson/PA)

Tánaiste Leo Varadkar has defended the Government’s housing plan after Sinn Féin criticised its subsidy scheme for developers and its failure to prevent rents from continuing to increase.

Speaking in the Dáil on Thursday, Sinn Féin finance spokesman Pearse Doherty criticised the Government’s plan to give developers between €120,000-144,000 per apartment they build outside the Dublin area.