Tenants bidding against each other for limited houses raising rents – RTB chair

Tom Dunne said the way to get rents down ‘is to increase supply’ (PA)

The chair of the Residential Tenancies Board (RTB) has said that tenants bidding against each other for limited available accommodation is increasing rent prices, and not landlords.

Tom Dunne also admitted that “effectively” only those on high wages can access security of tenure through paying higher rents that institutional landlords charge.