Rents in Co Cavan are continuing to "spiral out of control". That's according to Sinn Fein TD for Cavan and Monaghan, Deputy Pauline Tully. who says the Government has failed renters in this region.
She is calling for emergency action to reduce rents in the private rental sector as the latest Daft.ie rent report shows rents increasing by 21.3% in Cavan in the last 12 months.
Deputy Tully says the Government must ban rent increases for all existing and new tenancies for three years, and put a full month's rent package into every private renter's pocket. She added that the situation has lead to unaffordable rent for people on ordinary salaries across Cavan and Monaghan.
"People need a break from sky high rents now. It's clear that Government has totally lost control of the housing market. Government has failed to deliver a sufficient volume of social and affordable homes. Their controversial policies such as Help to Buy and the Shared Equity Loan have pushed up house prices," continued Deputy Tyully.
"Meanwhile, ordinary people in Cavan are left paying the price for Government's failures. People in Cavan are trapped paying out of control rents, or living in cramped accommodation while they watch their dream of home ownership continue to slip even further out of reach.
"Government urgently needs to adopt a different approach. They need to understand that unless we see the delivery of 20,000 public homes a year to meet social and affordable rental and purchase need, then this crisis will continue.
"Fine Gael has been in Government for 12 years. During that time rents in the state have increased by 155%. Fianna Fáil have been propping Fine Gael up for seven years. Since Fianna Fáil have had the housing ministry, rents have increased by 30%.
"This government has failed renters in Cavan and across the state. They are out of touch and out of time. Only a Sinn Féin-led government will stand up for renters and deliver the genuinely affordable homes that they need and deserve. Our housing plan would deliver genuinely affordable homes for people in Cavan."
