Ireland will not need to extend a temporary residential rent freeze beyond the coronavirus crisis, Acting Prime Minister Leo Varadkar was quoted as saying on Sunday, amid calls from some parties for more permanent rent caps.
Even before the crisis, the issue of rent control was already a major focus of attempts to form a government after an inconclusive election in February. Varadkar’s Fine Gael party is in negotiations with its historic rival, Fianna Fail, to try to form a coalition.
The nationalist Sinn Fein party, which won the most votes in the election, campaigned on a promise to impose a two-year rent freeze. Neither Fine Gael or Fianna Fail committed to such a measure but were under pressure to do so before restrictions to slow the spread of the virus hammered the economy. Varadkar said extending the rent freeze would be unnecessary because he anticipates rents are going to fall.
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