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Published 13:54 25 Oct 2018 BST
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Speaking on RTE's Morning Ireland today, Murphy said that the move was an "emergency response."
He said:
"Some of our cities, for example Limerick, are seeing very high rent inflation but they don't qualify to be a rent pressure zone because the qualifying criteria is laid out in a particular way. "We estimate from the data we've seen that somewhere from 1,000 to 3,000 homes in the Greater Dublin area that might come back into the market for long-term letting, which is very very important."Private homeowners will still be permitted to offer rooms for short term accommodation for up to 90 days in a year or 14 consecutive days. The changed law is expected to come into effect on June 1, 2019. If landlords fail to adhere to these new laws they will face criminal conviction.
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