Simon Coveney's Bill on rental sector passed by the Seanad
HOUSING Minister Simon Coveney's Bill aimed at tackling the crisis in the rental sector has been passed by the Seanad.
Senators this morning debated the proposals that will see the creation of rent pressure zones, initially in Dublin and Cork where rent hikes will be limted to 4pc per year.
These zones will be extended to parts of Galway, Waterford and commuter counties around Dublin, once rents in these areas are assessed in the new year.
The extension to those areas came after Mr Coveney agreed with Fianna Fáil that the assesment process should be fast tracked.
Now that the legislation has been passed by the Seanad it will go to President Michael D Higgins for his signature.
The Seanad is adjourned until January 24.