Cork Rent Pressure Zones Not Having Desired Impact
Rent pressure zones in Cork are not having the desired impact.
That's according to Cork Simon who says the average rent in Cork now stands at €1200 that's a 10% annual increase nationally - and well above the 4 percent hike allowed in so-called rent pressure zones.
In the county rent stands at over €860 and the availability of rental property across the city and county is at an all time low..
Speaking to RedFM News Cork Simon's Paul Sheehan says the rent pressure zones are ineffective as the Government is not policing them
More from Cork
Cork City was painted green yesterday for St Patricks Day
Festivities were celebrated in style in the city centre.
Yellow snow-ice warning in place for Cork
The weather warning is in place until 9am tomorrow.
Man died in stabbing in Co Clare
The incident occurred in the early hours of this morning.
People from far and wide visit Cork for St Patrick's parade
Thousands of people lined the streets of Cork City for the parade yesterday.
Satisfaction with Government has improved
That's according to the latest political opinion poll out today.
Gardai consider new information into missing Cork woman
They say the investigation into her disappearance will continue.