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Ireland · Question · written

PQ 605

605. Deputy Aengus Ó Snodaigh asked the Minister for the Environment, Community and Local Government if his attention has been drawn to the fact that the sale by the National Assets Management Agency of occupied apartment complexes to investors, both national and international, is contributing to rent inflation as these profiteering companies seem to immediately inflate the rent on the day of the rent review, as in the case of rental properties (details supplied) in Dublin 12, which was sold recently by NAMA to a foreign investor, who have hiked rents by 23% from €1,100 to €1,600; and his views on the action being taken to address the effects this is having on the rental market in particular for low to middle income renters and those on rent allowance. [47954/14]

askedIreland· Dáil Éireann· EN

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16 December 2014

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16 December 2014

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605. Deputy Aengus Ó Snodaigh asked the Minister for the Environment, Community and Local Government if his attention has been drawn to the fact that the sale by the National Assets Management Agency of occupied apartment complexes to investors, both national and international, is contributing to rent inflation as these profiteering companies seem to immediately inflate the rent on the day of the rent review, as in the case of rental properties (details supplied) in Dublin 12, which was sold recently by NAMA to a foreign investor, who have hiked rents by 23% from €1,100 to €1,600; and his views on the action being taken to address the effects this is having on the rental market in particular for low to middle income renters and those on rent allowance. [47954/14]

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Private Rented Accommodation Costs

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