Rental Sector
Dail Éireann — 2026-06-25
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Conor Sheehan (LAB), Limerick City

To push back on that a bit, while cost-rental rents are somewhat lower, being on average about 30% lower than rents in the private rental market, they are still far too high. A market rent in Dublin of €2,300 still means €1,725 a month.
Will the Minister consider the length of time AHBs have to repay the CREL loan? That will answer some of the issues they have. Furthermore, will he consider decoupling our cost-rental model from the open market down the line and tying it entirely to underlying financial costs of delivery by amending the 2021 Act? When building costs and long-term maintenance rise, rents set at 25% below market rate cannot generate enough revenue to cover the actual cost of housing. This has forced bodies to scrap projects. We need to move away from the explicit linkage between initial cost rents and prevailing market rates.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2026-06-25/debate/main
Retrieved: 2026-08-27T06:54:51+00:00
Sitting date: 2026-06-25