Right to a house?

Wrong, I understand why a LL might say it but it still doesn't make it true. investing in property and becoming a LL is still one of the best investments you can make in Ireland. Yes theirs some risk but thats to be expected.

So you are saying you don't know much about investing as a whole.....

Depends on whether you understand the impact of current and proposed legislation on your investment. I have my doubts.

A million miles may have been an underestimate.

Again, LLs are not leaving the sector at a time when rents are at historical highs because they think it isn’t a good investment. If you don’t understand why that is considering it has been widely reported on, I can’t help you.

Again a miss statement. In general rental houses do not climb with the market as they tend to be in poorer condition that family homes. There was a cohort of LL who bought from 2004-10 who may be just about back to market values now.

LL with 5+ properties are often virtually full-time LL. These guys will be more focused on it as a business.However the smaller providers with 1-2 properties are exiting the market. But what is more frightening is the amount of properties that people are unwilling to rent. Even though government have changed legislation to allow for more of the rental income to be held onto, people with family in nursing homes are unwilling to rent those properties. It the same with people gone to live with family members. With the strongest rental prices ever people are unwilling to take tenants into these properties.

1/3 of the houses for sale in the last few months are LL exiting the market. It never easy to make money, but when the risk V reward increases substantially then you get investors leaving a market.

Try to stop BSing with blase assumptions. You know f@@k all about the risk or the market. Everything is great until it goes wrong. And then you have a 10-20k loss to sort out

If you are depending on that as part of your pension or income when you cannot make market returns or get back into that space, it makes more sense to cash in the investment.

As long as you pay the rent every week , you can stay in a council flat, even if you earn 70k salary, my friend lived in a 3 bed house with her mother, she was still given a council flat 10 years ago. As she is on disability lowance. Single mothers are living in hotels with kids as theres not many houses left, that were not sold in 2000. I don't think anyone says you have a right to a house, it's more like you go on housing list , if your income is less than 30k you may get offered housing

The systems sort of worked before local authority's decided to sell most of the houses they rented out

And if course we are facing rising inflation, even with free land it costs 340k plus to build a council house they are usually 2 or 3 bed units

They are built to a high standard of sound proofing and energy rating insulation

If someone buys a house for 200k they'll have to charge a very high rent to cover the mortgage and pay tax , no one seems to like landlords but we need em in a modern economy it's not likely someone bloke working in Tesco will be able to buy a house unless it's in the middle of nowhere

Hotels in Spain are offering workers free rooms accommodation just to attract staff no experience needed they get 6 hours training and learn on the job

Incorrect again. If you are a long time LL, it better to hold especially if you have a family. You will pay 33% on any capita gain and ten years later your Children may have to pay inheritance tax.

It generally makes more sense to hold. However if your rent is way under market value it may make more sense to sell.

So SF are trying to get foreign companies to come in and buy up our country while punishing people who provided a needed service for decades! Got it. They some how think taking rights away from Irish people in favour of foreign investment is the ideals they stand for.

Are you deliberately missing the point?

What you term “the cost of doing business” is driving a significant number of LLs out of the sector at a time when rents are at historical highs, that is atypical of investment strategy. Why do you think LLs are doing that? It is not like the reasons haven’t been reported on numerous times, chief among them, fear of the implications of both enacted and proposed legislation which means that investors effectively lose control of their investment if the tenant stops paying rent/refuses to leave, preventing the sale of the investment. If SF do get into Government, they propose removing the right to terminate a tenancy when the LL wants to sell their investment. That is a scary prospect for any small investor, which the owners of 85% of all rental accommodation are.

So your going to pretend been a LL is currently not a good way to make money? Your post is childish