2% max rental increase allowed inflation 7% plus

At least you can see it is a business and a person operating that business is a self-employed landlord unlike many who think it can only be a sideline and a landlord must also have a 'real day job'.

I try to look at things in a simple way. Afaik, any citizen who wants to invest their money or start any business, whether it is a shop, a property, a delivery service etc is free to do so. Some people are also employees, some not.

Anyone putting a big chunk of their own money into any business looks at the risks & returns and most have to borrow to fund premises or equipment or machinery or employess, it obviously depends on the nature of the business. Whether the loan is called a mortgage or start-up funding or whatever a bank wants to call it, it is borrowed finance and needs to be repaid. The investor/entrepeneur/sole-trader wants an income and hopefully a profit, that is usually the reason they make this choice in the first place.

But when the rules and regulations as well as the tax treatment in a business change drastically in a short time period, then the risk & return changes. Or, if other providers in the same sector have advantageous tax treatments because of government incentives, then people make a business decision to leave the business. If it is a small business or a one-man show, eg a plumber or landlord, the people affected most are the customers/clients/users of the service.

That doesnt mean people shouldn't complain or protest about the changes if it affects them as either the provider or the user of the service/business.

So we agree on that, if a business venture is losing money its time to get out, close the business, repay any debts and move on.

No one was rushing to put in place minimum rent pricing when the arse fell out of the industry and landlords lost a fortune. Then it was "those are the risks" with a free market. But when rents go up the free market goes out the window.

Seriously lads this thread is giving me a laugh. The rental market is completely screwed and we have those telling landlords to sell up because they don't understand business. Evidence shows small landlords are leaving the market in their droves and institutional landlords are replacing them looking for higher rents.

The ironic part is the anti small landlord sentiment on this thread. Remember the small landlord is most likely your local plumber, taxi man etc.

The personal attacks by some posters who think they know everything and are unwilling to engage in an actual constructive discussion does not bold well if these posters represent the general publics view on the rental market.

If this is a true reflection the rental market issues will never be improved never mind fixed.

You dont know what you are talking about soi whats the point. Read the news. Read the reports. Its all there for you. And then figure out what is causing rents to go up. Or you could just keep posting that the exact opposite is happening to what is happening. Doesnt bode well for your predictions for the future though if you cant even see whats happening in the present :)

Certainly no need for such a post. He has a point, increased supplies of houses has not resulted in decreased prices, nor has it slowed the rate of increases.

This was evident before the crash.

We have never had enough supplies to make a difference, and why would the industry do that?

BTW, I don't like your tone when you talk about being a landlord as a fools game. You are entitled to your opinion but you have never actually invested in property and I just don't respect your feedback on your research. If you had of bought 2 years ago, your capital gains would have been circa 20 to 50% in some areas, along with rent, so it's not true that we need to open our eyes.

We all know the risks and invest /stay invested anyway, the alternative is bank interest at. 00001% or negative interest, which is far less than the increases allowed by RPZ & capital gains.

My tenants had a much better cars then both me and the agent when we eventually got the property back. The agents one was 2006 and mine was 2010 and they had a nice 2018 bmw . The agent even said it to them before asking for the rent they failed to pay and never did

Landlords are now facing this charge of €40 per annum to inform the RTB of who the tenants are, even if they have not changes for years.

Can anyone tell me what the RTB have achieved since there were set up?

Now they want €40 to fill in a form which has no purpose.

Yes I do and that is recession for you, and supply was practically nil, but demand was vastly reduced and that was the issue. But that's not normal so not worth saying that increasing supply of houses will solve the issue, under no circumstances will councils zone enough land not already held by property banks, and no way will the already zoned land be developed in a way to reduce prices... Why trigger a recession panic?

Sure look it, overholding is low enough risk and hardly inevitable, but if I do have periods without rent, I can weather it.

I don't understand people are so risk adverse they forfeit the gains and think they are saving on the losses, but I respect their choice, they should respect mine, especially as history has shown that the majority of investors make worthwhile returns.

Re the view that the government is "subsidizing inflation for tenants", for existing rentals the previous 4 per cent cap which was in place until last summer was considerably above where general inflation was during the entire period of operation of the rent cap.

I remember renting somewhere in 2014 for 700 and that exact apartment was advertised a couple of years ago for 1300. Presumably the caps slowed down the increases upon the introduction of the RPZs but that LL has certainly beaten inflation over the longer term, and had I stayed there, my own cost of living would have risen considerably more than the rate of inflation.

Your assumption is every landlord entered the market at the same point and were raising there rent above market rates and all costs. Many landlords were losing money during the recession and needed to recoup those losses. More charges and taxes were added to landlords and every €1 cost increase it is over €2 in rent increases.

A landlord that bought a property 3 years ago can't match with inflation so is subsidising a tenant over inflation. The whole method of rent controls is a fudge to keep rent down for some with landlords subsidising the tenants.