Rent controls are set to be introduced in Ireland, with the move due to be agreed by the Irish cabinet tomorrow.
It is understood that landlords would only be able to increase rents every two years.
Environment minister Alan Kelly said the measure would be put in place quickly, “certainly” this month.
The rent controls will form part of a package of measures aimed at boosting supply of homes, as a severe shortage of housing becomes a big issue ahead of elections early next year.
Rents in Dublin have been shooting up 10% a year and are almost back to the levels seen at the height of Ireland’s property boom ten years ago, which came before a huge bust and an international bail-out.