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Not worth the hassle?

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    #242
    handlemaster
    Registered Users Posts: 6,003 ✭✭✭handlemaster


    RayCun wrote: »
    mrslancaster wrote: »
    You are also not considering that most businesses can charge more to other customers to offset a loss from a non-paying customer.

    In some cases they could increase their prices immediately as they are not price controlled. As far as I know that option is not available to A LL. Or they may have insurance to cover situations like that.

    And landlords can increase rent. Yes, there are some limits in RPZs, but their hands are not completely tied.

    A quick google shows lots of offers of landlord insurance, in Ireland.

    "Loss of rent up to 15% of combined Building Sum Insured & Contents Sum Insured if a buy-to-let property is uninhabitable following an insured loss"

    Non paying tenants is the main issue which is not insurable


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    #243
    Claw Hammer
    Registered Users Posts: 6,177 ✭✭✭Claw Hammer


    Rent caps are making things worse. People who would have moved or downsized are staying where they are because of capped rent. This is making the use of housing less efficient. The price of non capped property is higher. The whole thing is a mess.


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