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Ireland's Rental Market Sees Sharp Eviction Rise

Published 1 week, 1 day ago
Description

Irelands rental market experienced a surge in evictions, with the Residential Tenancies Board reporting a 41% increase in termination notices in Q4 2021. Landlords planning to sell properties accounted for over 60% of these notices. Despite this, the rental sector continued to grow, with registered private tenancies increasing by 1.1% and average rents climbing. However, opposition politicians criticized the situation, citing its impact on renters and the rising number of mass evictions. The governments new rental reforms, set to take effect in March, have been met with skepticism, with critics warning of potential increases in rents and homelessness.

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