Cobh Added To The List Of Rent Pressure Zones
The move means rents in this area cannot be raised by more than 4% a year
Cobh in East Cork has been added to the list of rent pressure zones along with Maynooth in Co Kildare
That means rents in those areas cannot be raised by more than 4% a year
It comes as it's emerged that rents across the country grew by almost 8% in the last quarter of 2016, compared to the previous year.
Housing Minister Simon Coveney says he hopes that the 57% of tenancies now in rent pressure zones can feel protected against huge rent increases;
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