That's certainly a possibility Brendan but I don't agree that it's very likely.It's very likely that it will be extended and then it would be up to someone to challenge its constitutionality which would probably take a few years.
Interestingly, Dublin couldn't be designated a RPZ today under the current legislation because the annual rate of rent inflation has not been 7% or more in four of the last six quarters, per the RTB.
Before an area can be designated an RPZ it has to meet certain criteria prescribed in the legislation (including a requirement that the annualised rate of rent inflation was 7% or more in four of the last six quarters, as determined by the RTB).Is that because it's already a RPZ?
I don't agree - bear in mind that not all rentals in an RPZ are subject to the rent control measures. Rent inflation may subside despite - not because - of the rent control measures.My point though is that once an area becomes a RPZ it should be expected that, due to the effects of the rules, it will eventually not meet the criteria.
Nor do I.Don't know what PaxmanK means.
Well, not quite. That would require new legislation.Extended
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