Rents for new tenancies rose by 9.1pc in the last year, one of the highest percentage rises in years. Photo: Getty Images
Something strange has been happening in the rental Âmarket for a long time, and the regulator for the sector is only now reacting to it.
Sitting tenants are seeing their rents rise by more than three times the level allowed under rent caps, and new tenants are paying hundreds of euro more a year than existing tenants.