Construction Ireland Construction Directory
Time and date
CONSTRUCTION DIRECTORY
Share this page
Construction News
14/01/2022

Irish Rent Increases By Almost 70% Over Last 11 Years

Construction News Image
Rent across Ireland has risen by almost 70% in the last 11 years, new Eurostat figures have revealed.

Labour representative Rebecca Moynihan has responded to the alarming figures, calling for a rent freeze and several structural changes to address the issue.

Senator Moynihan said: "The failed policies of Fine Gael and Fianna Fáil have not worked and are not working. What we need now is a rent freeze to stem the crisis in the rental market while we wait for more supply to come on stream. We know we can have an effective rent freeze, because Alan Kelly introduced this very measure for two years in 2015. It has been done before and can be done again.

"We also need proper enforcement of rental caps. Despite the 4% rent cap, last year there was a 7% increase in rents in three quarters of the country. Only 29 people were sanctioned for it last year, yet every single county has places where people are breaking rental caps.

-- Advertisement --

"I am also reiterating Labour's call to the Minister to increase the cost rental targets within the Housing for All plan. The current targets will see the State cover just 5% of renters by 2030 – this will do nothing to stabilise the market and protect the most vulnerable renters. After years of private market failure, we must provide for a new model to tackle the housing crisis and it is time we took radical action to provide our people with homes. The supply crisis can only be sustainably resolved through long-term State action that delivers affordable housing once and for all.

"The housing issues in this country have been well documented. We've seen report after report outlining what needs to be done. Instead of continuing to ignore the evidence, the Minister needs to step up and do the right thing for the young people, single people, families and households that are trapped paying phenomenal rents which continue to increase.

"A safe and secure home is a human right and it is the benchmark of a decent society. The State has a duty to take whatever action necessary to ensure that everyone has a home. We need to see leadership from the Minister. It's time for him to do the right thing for renters."

Latest Construction News

26/01/2022

Coffey Water has started works to upgrade Ahascragh Wastewater Treatment Plant. The works are taking place to end the discharge of inadequately treated wastewater into the Bunowen River has commenced. Irish Water, in partnership with Galway County Council, are upgrading the plant to provide treatme
26/01/2022

NI Water has won a major Green Apple Award 2021 for restoration work carried out at Tullychurry Forest, Co. Fermanagh and Lough Bradan forest Co. Tyrone. The accolade was awarded under the Green Apple Awards for Environmental Best Practice Category and work was carried out on behalf of NI Water by
26/01/2022

Funding of €65 million has been approved for 497 projects under the 2022 Summer Works Scheme in Ireland. Minister for Education Norma Foley TD made the announcement. Minister Foley said: "I am announcing the Summer Works Scheme projects now so that schools have a good lead-in period to plan and de
26/01/2022

NI Rural Affairs Minister, Edwin Poots has visited one of the first rural halls to benefit from his £2 million fund to refurbish around 50 similar community facilities across Northern Ireland. During his visit to Glenloughan Orange Hall in Kilkeel, he saw the poor condition it was in which highligh
26/01/2022

Evidence of growth within the construction plant and forestry sectors can be seen in a number of job openings at leading Komatsu distributor, McHale Plant Sales – all fuelled by what company chairman, Michael McHale says is "an uplift in the economy, renewed confidence on the part of plant users, an
25/01/2022

Grant has announced a new partnership with the Irish Green Building Council (IGBC), which will see the leading home heating solutions company supporting the IGBC in accelerating the decarbonisation of residential heating. Pat Barry CEO at the Irish Green Building Council said: "Decarbonising our ho
25/01/2022

Ballyclare-based Hagan Homes has installed a life-saving Automatic External Defibrillator (AED) at its Tides development in Carrickfergus. The installation of the device, which is an essential life-saving tool that gives a high energy electric shock to the heart of someone who is in cardiac arrest,
25/01/2022

An NI Green Party Councillor has called on the Infrastructure Minister to increase funding for active travel and cycling infrastructure. Cllr Brian Smyth said: "The NI Executive only spends around £2 per person on active travel, compared to £66 per head of population in the Republic of Ireland. Inc
25/01/2022

City development plan apartment rules should be based on housing need and not on developers' profits, according to Sinn Féin Housing spokesperson Eoin Ó Broin. Teachta Ó Broin said: "The draft development plans for Dublin City and Dun Laoghaire Rathdown are seeking to limit the proliferation of bui
25/01/2022

Irish Water and Cork City Council are starting the next stage of the Cork South Docks Network Extension and Upgrade Project. The €1.2m investment in the project will deliver increased water supply capacity to the South Docks, which is essential to facilitate future development and economic growth i
Acara Concepts Ltd IrelandNew StarFast Floor Screed LtdFox Excavations & Plant HireWoodford Timber ProductsKells Hire CentreSpratt Fireplaces & Stoves Centre LtdIrish Fencing ServicesMoylough Concrete ProductsSpecial Formwork
Terms and Conditions