Ireland's rental reforms won't lower rents for years

Rental costs are unlikely to decrease for several years despite government reforms, potentially leading to short-term rent increases. This was revealed in a research paper published Tuesday. The government plans to overhaul the rental sector, extending Rent Pressure Zones nationwide and increasing tenant protections. New tenancies will allow rent resets every six years, with new apartments exempt from RPZ limits. The Housing Agency warned that increased investment will take years to lower rents. The reforms have sparked political debate, with opposition parties criticizing the measures as insufficient.