The Government ‘is continually grappling with the effects of the housing shortage, not the cause’

The Government “is continually grappling with the effects of the housing shortage, not the cause,” says the Society of Chartered Surveyors Ireland, in response to Housing Minister’s Simon Coveney’s proposal on rent freezes and caps, in Dublin and Cork.

SCSI president Claire Solon warns that “well-intentioned but ill-advised interventions will have unintended consequences on the market, including an impact on investment”.

She expressed concern new rent controls which Government proposed this week will impact negatively on the residential investment sector.