Legislation capping rent increases at 2% passed by both Houses of the Oireachtas

The Minister for Housing, Local Government and Heritage, Darragh O’Brien TD, has welcomed the passing of the Residential Tenancies (Amendment) (No. 2) Bill 2021 by both Houses of the Oireachtas. The legislation caps rent increases at inflation or 2% per annum whichever is lower. The Bill also provides for tenancies of unlimited duration, a key reform committed to under Housing for All.