Environment Minister Alan Kelly
….Mr [Alan Kelly] Kelly is being guided by a report commissioned by his predecessor Jan O’Sullivan, which presented a series of proposals to reform the rental market.
The report – by DKM Economic Consultants – warned against the introduction of full-scale rent controls as it could lead to tens of thousands of rented properties leaving the system.
However, it recommends the introduction of special rent certainty leases, which could have a set term of at least five years.
The report suggests a series of incentives for landlords who enter agreement with tenants, including capital gains tax relief once their property is sold.
(Sam Boal/Photocall Ireland)