The Dublin Inquirer reports:
Back in November 2012, Threshold estimated that landlords were keeping deposits worth up to €2million.
Today, it estimates that the amount of tenant-deposit money being held by landlords could be €700million, a spokesperson says.
“Which is an extraordinary sum largely belonging to people of modest or moderate incomes.”
There’s still a need, they said, for a deposit scheme to make sure tenants who have done nothing wrong get their deposits back.