#Latest news with #apartmentinvestorsBloomberg2 days agoBusinessBloombergIrish Government to Reform Rent Cap in Bid to Boost Home SupplyIreland 's senior government ministers are set to approve new rental control reforms as part of efforts to tackle the country's acute housing shortage by luring more apartment investors to the market. Government leaders agreed on Monday evening that newly built apartments will be exempt from a 2% annual cap in rents in place in urban areas, known as rent pressure zones, according to a person familiar.
Bloomberg2 days agoBusinessBloombergIrish Government to Reform Rent Cap in Bid to Boost Home SupplyIreland 's senior government ministers are set to approve new rental control reforms as part of efforts to tackle the country's acute housing shortage by luring more apartment investors to the market. Government leaders agreed on Monday evening that newly built apartments will be exempt from a 2% annual cap in rents in place in urban areas, known as rent pressure zones, according to a person familiar.