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Ministers Coveney and English launch rental sector strategy
Housing Minister Simon Coveney speaking at the launch of the Strategy for the Rental Sector in the Government Press Centre
Housing Ministers Simon Coveney and Damien English today published the Strategy for the Rental Sector, part of the Rebuilding Ireland: Action Plan for Housing and Homeless.
The strategy sets out a range of measures under the headings of Security, Supply, Standards and Services which will address both immediate and long term issues affecting the supply, cost and accessibility of rental accommodation.
An expert group is also being established to explore the opportunities for developing a viable cost rental model for Ireland and a larger and more dynamic not-for-profit and Approved Housing Body sector. The group will examine the experience of other countries and develop a roadmap to grow new capacity for delivering cost rental options.
Speaking at the launch, Minister Coveney said;
“Our rental sector is not delivering for tenants, landlords or the country. We need a strong and viable rental sector as a long term tenure of choice for families and as a secure investment environment for landlords. Dramatic rental inflation puts families under pressure, damages our national competitiveness and stability in the investment environment. We need to tackle the consequences and alleviate short term pressures and we need to address the long term causes by delivering increased supply.”
Read the full press release here.