
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.
Now landlords to get tax relief to keep rents down (Niall O’Connor, Independent.ie)
(Sam Boal/Photocall Ireland)