DUBLIN MIGHT BE experiencing surging rents, leaving many people feeling squeezed, but it isn’t alone.
Berlin’s government has been looking at a proposed law to freeze rents in the capital for five years from 2020 after rental increases caused tenants to take to the streets in protest. The law is still in development, with some policy makers and property companies reacting skeptically to the caps.
Average rent in some upmarket areas of the German capital has surpassed €1,500 a month, meanwhile properties in Dublin are regularly costing more than €2,000 per month.
Berlin isn’t the only country considering a rental cap, Amsterdam is also considering policy options.
TDs here have previously called for rental freezes, with Taoiseach Leo Varadker saying September last year it would have unintended consequences.
Keeping that in mind we are asking Fora readers this week: Do you think Ireland should implement a five year rental freeze?