OFX senior associate Marguerite Gallagher discusses Rent Pressure Zones in the Irish Examiner
One of our senior associates, Marguerite Gallagher, has an enlightening piece in today’s Irish Examiner, discussing the measures brought in by the Planning and Development (Housing) and Residential Tenancies Act 2016.
In the article, she outlines the ramifications for both tenants and landlords in the newly-designated Rent Pressure Zones:
“The Planning and Development (Housing) and Residential Tenancies Act 2016, announced before Christmas, aimed to bring a greater level of predictability to the rental market… While tenants will welcome the new measures in a climate of rapidly rising rents, many landlords see them as curtailing their potential rental income and their ability to manage their properties.”
Read the full article here.