Ireland has changed its rent control system in a meaningful way. Under new rules, landlords will be allowed reset rents to market levels between tenancies. This is a significant departure from the Rent Pressure Zone (RPZ) regime of the past decade, which regulated rents not just within a tenancy but across them.  On that narrow point, the reform is welcome and overdue. Ireland was, as my review last year of over 50 high-income jurisdictions shows, one of only two countries in the world regulating rents across tenancies. Even in most of the strictest controls in Europe, a new tenancy means…

Want to continue reading?

For a limited time, get your first month for €1 and unlock full access to The Currency and The Wall Street Journal – two premium memberships, one subscription.

Subscribe

Cancel at any time.

Are you already a member? .