Does your rent go up every year?

Plenty of landlords say this forum is pro-tenant. Moderation is pro following the rules, nothing else.

A landlord would be a fool not to put up the rent every year and by the maximum allowable. An unintended consequence of poor legislation.

why Would he be a fool? I guess you there’s a fine line between not being a fool. And being a dick

Why would a landlord be considered a dick for putting up the rent?

I'm a tenant. Voted yes in the poll as my rent has gone up each year.

Am I happy to get the increase notice? Obviously not. But I don't consider our landlord a dick for increasing the price.

We knew this when we began the tenancy but the RPZ legislation is shite. I think it came in the year before we moved here. It has baked in annual increases. If a landlord doesn't increase the rent they can never legally catch up with the going rate unless they leave the place empty for two years or perform certain upgrades which they might not be able to afford. As the other person said they'd be a fool not to put it up.

I've never raised the rent on a sitting tenant.

My current tenants are paying about 500 less than I was offered when I put it up for rent.

They've been there since 2018 and I'm very happy with them. I wont raise the rent on them either. When they leave, I'll keep the property vacant until my kids need a place if they choose to go to college.

Previous tenant had vanished owing 6 months rent and wrecking the place.

Turns out she was claiming the dole and rent allowance and went to live with her mum rather than pay rent.

Classy system we have.

Not all landlords are money grubbing bastards, despite what the Hard Left Ultras on Boards would have you believe.

Thanks for insulting me for not squeezing every last cent out of my tenants.

Your post says more about you then me.

I’ve the same story. Council paying rent for my current tenant and the previous tenant living back across the road with her mum

cashing the councils rent cheque. It took them a while to figure out they were paying twice for the same property

Comparisons should be relevant

Show me the relevant

Already said it. Your not listening.

It used to very anti LL. I think the moderation has changed or perhaps the tools are broken since the upgrade.

The 2% cap is an annual limit,if the rent hasn't been increased in a number of years the 2% is compounded since the last rent review e.g. if the rent hadn' t been increased in five years it could be increased by 10.4% might be a bit more of a shock than 2% every year.

https://www.rtb.ie/beginning-a-tenancy/setting-rent

Been increased twice during my tenancy, which is nearly 7 years now I think. So an increase every 3.5 years on average. Really good tenant/landlord relationship with them.

Labour and materials are increasing every year, insurance is increasing every year, property tax has increased. Inflation is adding to everything, and will add to wages.

If an employee comes looking for a raise, how should an employee feel if they are told, 'Why should you make more every year?'

My roof may not need to be replaced this year, but it will, the price will be more than it was 5/10 years ago, I need more money to cover it. If I am only making the same as I was 5/10 years ago, I may not be able to repair it without borrowing. it's a business, the cost of running it needs to be paid for by the income, and I need to get a wage/profit from managing it, it's not going to arrange viewings itself, it's not going to chase down contractors to finish the job etc.

it's not a 'set it and forget it' business.

Any business owner wants to improve the business for resale, restaurants etc, may sell their business showing their profits, the more profitable, the more they can sell it for, same with a house.

But if you thought you could lose your income for up to 2yrs at a time, and risk damage a bill of thousands, even tens of thousands.

What would offset that risk to make it viable.