Wednesday 25 May 2022

Social housing rents set to rise by average of 2% in July


Rents in the social housing sector will rise by an average of 2% from July 1, below the level of inflation.

A survey by sector organisation Aedes found that 63% of social landlords had kept the increases below the legal maximum of 2.3%.

The limit is calculated on the basis of the previous year’s inflation. Usually social landlords can raise rents by up to 1% above the rate of inflation, but the government scrapped this provision at the start of the coronavirus pandemic.

Housing corporations can raise rents for higher earners by a maximum of €100 per month extra, as long as the total amount is within the limit for social housing of €763.47 per month.

Aedes surveyed 169 housing corporations in April on their rates for 2022.

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