September 28, 2021
News Property

Waterford Mayor calls on Government to bring in rent freeze

The Mayor of Waterford has called on the Government to introduce a rent freeze after it emerged this week that rents in Waterford City now average €1007 per month.

Labour Councillor John Pratt has said that renters in the city and county have been failed, with increases of 5.5% and 11.5% respectively being recorded in the latest report from Daft.ie.

However, the Taoiseach Leo Varadkar has dismissed calls to introduce a rent freeze despite the record levels of rent being paid.

Nationally, Fianna Fáil, Sinn Fein and Labour have all called for halt to increases after the report showed that people are now paying €400 more than they were during the Celtic Tiger.

The hikes in Waterford are among the highest in the country, the report shows.

“Rents in Waterford have risen to record levels in the past year, with renters now paying extortionate amounts of their income renting their homes,” Mr Pratt said.

“In just 12 months, rents in the county have risen by a whopping 11.5% – that’s more than double the national average, while in Waterford city, average rents are also up by 5.5%.

“This is particularly problematic when you consider the other rising costs facing families such as childcare.

“After more than three years, it is clear that this Government has failed the people of Waterford once again in managing the rental crisis and providing enough homes for families.

“Before rents increase even further, I am calling on the Government to freeze rents across the country and to introduce maximum rents on a regional basis until enough homes have been built to tackle the housing crisis.”

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