Cost Rental: a solution to the rental crisis?

Cost Rental

Cost Rental Public Meeting
Eamon Ryan, Claire Byrne and Patrick Costello will be hosting a public meeting on Cost Rental as a solution for our housing needs, in Slattery’s Pub Rathmines on Monday March 5th at 7:30pm.

Watch our cost rental explainer video here: https://www.facebook.com/GreenPartyIreland/videos/10157399946888066/

This week our Green Party team in Leinster House are launching a detailed motion calling for the introduction of a Cost Renal model to help bring about affordable, accessible public housing and tackle the housing crisis in Ireland, increase supply and stop runaway rent inflation.
Cost Rental is an innovative way of providing long term housing to those who need it  – calculating the cost of rent from a public housing tenant on the basis of the cost of providing the property over the lifetime of the tenancy. Costs are distributed amongst a range of tenants on differing incomes, so those unable to afford a cost rental home can receive additional state support to do so.

This system works well in Austria and other European countries, and it’s a model supported by Threshold, Respond!, Simon Communities, Peter McVerry, the Irish Council for Social Housing and NERI.

 

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