The director of a Tralee property rental company says demand is exceeding supply for rented accommodation by at least ten to one.
A report from Daft.ie revealed that average rent in Kerry jumped by 16.5% in a year; the highest increase in the country.
Rory Kerins from ProPlan says over the past decade successive governments have interfered in the rental market causing it to become over regulated.
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As a result, he says property owners are choosing to exit the market.
Mr Kerins believes these owners should be offered graduated tax breaks in return for signing a legal contract committing their property to the rental market for at least five years:
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