GalwayBayFM

Galway renters face price hikes as Government plan to cap increases backfires

Share this article
Galway renters face price hikes as Government plan to cap increases backfires

From the Galway Bay FM Newsroom: Renters in Galway face price hikes of up to 3 per cent as a plan to cap rent increases appears to have backfired.

Advertisement

Maximum rent increases in rent pressure zones such as Galway, Athenry- Oranmore and Gort- Kinvara were recently linked to inflation.

It was hoped this would keep price rises much lower than the 4 per cent allowed but inflation has shot up and is now at 3 per cent.

Advertisement

Sinn Fein Housing spokesperson Eoin Ó Broin says the government must act.

95.8 MHz Galway City
95.8 MHz Clifden & West Connemara
97.4 MHz South Connemara & Aran Islands
96.8 MHz County Galway
97.4 MHz East Galway
97.2 MHz Gort Area

Copyright © 2024. Developed by Square1 and powered by PublisherPlus.com

Download the GBFM App
Advertisement