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Galway renters face price hikes as Government plan to cap increases backfires

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Galway renters face price hikes as Government plan to cap increases backfires

From the Galway Bay FM Newsroom: Renters in Galway face price hikes of up to 3 per cent as a plan to cap rent increases appears to have backfired.

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Maximum rent increases in rent pressure zones such as Galway, Athenry- Oranmore and Gort- Kinvara were recently linked to inflation.

It was hoped this would keep price rises much lower than the 4 per cent allowed but inflation has shot up and is now at 3 per cent.

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Sinn Fein Housing spokesperson Eoin Ó Broin says the government must act.

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