The passing of the Sinn Féin Fair Rent Bill at second stage in the Dáil during the week has been welcomed by Mayo Senator Rose Conway-Walsh
She claims it could put €1,500 per year back in the pockets of renters and aims to freeze rents for a period of three years.
The average rent in Mayo, according to Daft.ie is €762 a month for a three bedroom home or €545 for a one bedroom apartment. This is between 9% and 10% increase year on year.There are only 78 properties to rent in the whole of Mayo this week and most of these are priced out of the HAP scheme making it extremely difficult for anyone to find a property to rent.
The Senator says her party’s rent Freeze (Fair rent) Bill 2019 would freeze all rents on existing and new tenancies for a period of three years. The legislation also calls on the Minister for Finance to introduce a refundable tax credit for renters, equivalent to one month’s rent.