Taoiseach defends rent reform plans, slams 'over the top' political backlash
Taoiseach Micheal Martin speaks to the media after addressing the Ibec-CBI Joint Business Council (JBC) All-Island Business Conference at Ballymascanlon Hotel in Dundalk, Co Louth. Picture: Brian Lawless/PA Wire
The Taoiseach has hit back at the “over-the-top” reaction to “modest” proposals around the rental system.
The Government announced sweeping changes to the rental system on Tuesday that will cap rent increases at the rate of inflation. However, during periods of high inflation, hikes for most tenancies will be limited to a maximum of 2%.
