According to source close to the Fianna Fáil party it is understood that there is a fifty fifty chance the new rental cap proposal introduced by the Minister for Housing Simon Coveney could be resolved.
The news comes after the party held talks regarding the proposal last night. The party say the proposed 4% cap for residents in Dublin and Cork would automatically see rent prices increase and it should also be introduced nationwide.
According to a party source: “We agreed to facilitate this government on the basis of a number of key objectives. There are good things in this plan but there are also a number of things that may have unintended consequences.”
“We never said we would support them without question. It took Coveney three weeks to get this over the line and we are being asked to make a decision on this in one day.”