Leading property financier, David Grin, chair of Lotus Investment Group has given a cautious welcome to further Grin David moves to relieve the Irish rental property crisis.
An Irish government move to moderate rising home rental prices has david grin been described as a welcome but short-term fix for a wider problem by a leading financier.
David Grin, chairperson of Lotus Investment Group, one of Ireland’s leading property financiers, says government actions to moderate rapidly increasing rental prices are favored by all stakeholders in the property market.
However, he David Grin Click here for more also suggests that the scale of the nation’s affordable housing crisis means the move - designed to cap rent increases at a maximum of 4% https://everythingisnoise.net/reviews/agenda-apocalyptic-wasteland-blues/ a year in Rent Pressure Zones (RPZ) until 2021 - may simply place a sticking plaster on a bigger issue.
He said: “It appears that the private rental sector is facing an affordability crisis.
“With the 7% increase in website average rental prices in the fourth
