{"id":593711,"date":"2026-08-15T04:10:11","date_gmt":"2026-08-15T04:10:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/593711\/"},"modified":"2026-08-15T04:10:11","modified_gmt":"2026-08-15T04:10:11","slug":"profits-of-largest-landlord-triple-after-government-rent-hike-doherty","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/593711\/","title":{"rendered":"Profits of largest landlord &#8216;triple&#8217; after Government rent hike &#8211; Doherty"},"content":{"rendered":"<p>Sinn F\u00e9in spokesperson on Finance, Pearse DohertyTD, has said &#8216;bumper profits&#8217; announced by the state\u2019s largest landlord &#8216;expose the real motive behind the government rent hike earlier this year.&#8217;<\/p>\n<p>The Donegal TD said the government plan is working &#8216;exactly as intended, delivering more and more for those profiting from the housing crisis.&#8217;<\/p>\n<p>Teachta\u00a0Doherty\u00a0said: \u201cThe largest landlord in the state tripled its profit in the first half of 2026 compared with the same period last year, exposing the real motivation behind the government rent hike earlier this year.<\/p>\n<p>\u201cThe government legislated to give these corporate landlords the power to increase rents despite rents already being completely unaffordable for most people.<\/p>\n<p>\u201cThe CEO announcing the bumper profits highlighted the government rent hike bill as \u2018significant\u2019 and directly attributes the increase in revenue to being allowed by the government to hike rents.<\/p>\n<p>\u00a0<\/p>\n<p><img decoding=\"async\" class=\"size-full wp-image-555124 in-content-img not-prose w-full\" height=\"533\" width=\"auto\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/08\/profits-of-largest-landlord-039-triple-039-after-government-rent-hike-doherty.jpg\" alt=\"\" loading=\"lazy\"\/><\/p>\n<p class=\"font-serif font-normal text-base leading-6 text-tertiary not-prose\"> Donegal TD Pearse Doherty.<\/p>\n<p>\u201cFianna F\u00e1il, Fine Gael and the independents are making the housing crisis worse for the vast majority of people while making sure investors and developers see larger and larger profits.<\/p>\n<p>\u201cIf rip-off rents were the solution, this government would have already solved the housing crisis.<\/p>\n<p class=\"font-sans font-semibold text-xl md:text-[30px] leading-9 text-primary w-full\">\n        You may also be interested in\n    <\/p>\n<p>            <a href=\"https:\/\/www.donegaldaily.com\/sport-lead\/it-will-live-with-me-forever-irish-out-in-force-as-mark-english-collects-his-gold-645584\" class=\"block w-2\/5 shrink-0\" aria-label=\"&#039;It will live with me forever&#039;: Irish out in force as Mark English collects his gold\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>        <img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/08\/039-it-will-live-with-me-forever-039-irish-out-in-force-as-mark-english-collects-his-gold.png\" class=\"max-w-full w-full h-full object-contain relative z-10\" width=\"150\" height=\"84\"  alt=\"'It will live with me forever': Irish out in force as Mark English collects his gold\" \/><\/p>\n<p>            <\/a><\/p>\n<p>            <a href=\"https:\/\/www.donegaldaily.com\/sport\/finn-harps-unveil-two-new-youth-international-signings-645580\" class=\"block w-2\/5 shrink-0\" aria-label=\"Finn Harps unveil two new youth international signings\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>        <img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/08\/finn-harps-unveil-two-new-youth-international-signings.jpg\" class=\"max-w-full w-full h-full object-contain relative z-10\" width=\"150\" height=\"84\"  alt=\"Finn Harps unveil two new youth international signings\" \/><\/p>\n<p>            <\/a><\/p>\n<p>\u201cWe should be going in the opposite direction. We need to reduce rents and ban any further rent increases &#8211; people are already paying enough.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Sinn F\u00e9in spokesperson on Finance, Pearse DohertyTD, has said &#8216;bumper profits&#8217; announced by the state\u2019s largest landlord &#8216;expose&hellip;\n","protected":false},"author":2,"featured_media":593712,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[72,61,60],"class_list":["post-593711","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/593711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=593711"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/593711\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/593712"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=593711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=593711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=593711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}