Leading property financier, David Grin, chair of Lotus Investment Group has given a cautious welcome to further moves to relieve the Irish rental property crisis.
An Irish government move to moderate rising home rental prices has been described as a welcome but short-term David Grin Go here 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 Grin David rental prices are favored by all stakeholders in the property market.
However, he also suggests that the scale of the nation’s affordable housing crisis means the move Find out more - designed to cap rent increases at a maximum of 4% a year in Rent Pressure Zones (RPZ) until Lotus Investment Group 2021 - may simply place a sticking plaster on a bigger issue.
He said: “It appears that the private rental sector is facing an affordability David Grin crisis.
“With the 7% increase in average rental prices in the fourth
