Ceisteanna ó Cheannairí - Leaders' Questions
Dail Éireann — 2026-02-26
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Cian O'Callaghan (SD), Dublin Bay North

IRES REIT has been very clear in what it has said on this. It has said it believes its rents are currently about 20% below what it believes should be the market levels and it has said these changes will result in its rental income going up by about 25%. The Tánaiste has not addressed that. Simply saying that not every renter will face this straight away and, when they do face it, the rent can only go up by 2% every year for a few years does not address it. When it balloons by such an amount, how will people be able to cope with that?
Does the Tánaiste not understand that if people are already put to the pin of their collar in terms of paying rent and their rent jumps by 20% or 25%, that will push more families, pensioners and children into homelessness? Does the Tánaiste not understand that? How will people paying extortionate rents be able to face those kinds of increases? What will they do? Will the Tánaiste reverse his decision?

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2026-02-26/debate/main
Retrieved: 2026-08-14T04:54:42+00:00
Sitting date: 2026-02-26