They are even working on ways to ensure that you have noone else to sell to but them, redcuing the cost to them of your property. Surely there has to be something illegal in there if they can do that.
You are versed in contract law and you dont know the ins and outs of how landlords are being screwed over day after day with legislation changes for at least a decade. I smell a porkie pie.
Seeing as we are both posting anonymously your assertion about me may not be the gotcha you think it is.
I have some knowledge of contract law and I am quite certain that what I have proposed is sound in legal terms.
Of course I can't guarantee how well it would work in addressing the landlord confidence situation but then again neither can you.
We just have different opinions on that.
Yep. Leo is actually adding to the panic amongst landlords.
I think his aim is to purchase as many as possible via state intervention, but the hole in that bucket is that there are no staff in the LAs to devise and implement a plan to purchase at scale.
So more homes to those can afford to buy on the private market, but higher rents and fewer properties for renters & higher rent subsidies for the tax payer to come.
Spot on. How some people fail to understand this is beyond me, honestly!
SUre Leo just went on TV the other day and told them to overhold if they feel like it.
If that wasnt the final straw for remaining landlords then they deserve everything they get for staying in the market. The writing is so clearly on the wall now, its in neon. They would be very stupid to not be issuing the notice to quit to your tenants now, because i dont think there will be another chance after this door is closed, and it will be.
Landlords also face into the real prospect of tenants overholding following notice to quit.
I think we will see a lot of this in the coming months and the govt will not criticise the tenants for their actions.
This will cause further distrust amongst the landlords and increase the rate of landlords exiting the market.
Clearly you havent been a landlord for the past 10 years :)
There is now security and contracts are not worth the paper they are written on to the landlord with new legislation appearing evey time there is a full moon.
Successive govts have spent decades creating legislation and contracts that shaft landlords and force them out. They did this while they watched the rental crisis get ever worse.
They have no credibility left. Any contract they create will leave the landlord pick up the pieces and carry the cost when it goes bad. Because that's what they always do.
LLs are not running from this Govt. But the next one.
If a contract is signed it can't be broken by rules changing.
Gives security to both sides the government has a house and the landlord has tax free income.
They are already making money and still leaving. Too little far too late.
Considering the rules keep changing, you can't promise anything will last 5 mins never mind 5yrs.
They want to make money so guaranteed tax free income for 5 years might be attractive.
At time of historic high rents and demand, and historic shortage, and there's a flood of LLs are falling over themselves to to exit the market.
Why on earth do you think a little extra income, is going to make any difference?
That would be sensible, but wont happen. All politicians are married to populism, and making sensible steps which are unpopular, is never on the agenda.
Take rent controls. Rent controls have been tried many times in many places, and never work. Stable rental markets in other parts of the world do not have rent controls - but we wont be dropping them any time soon as who wants to be the minister responsible for a Prime Time special on why one family in Mayo who have a current rent of 500 per month are going to have to pay 900 per month even though market rent has been over 1000 per month. Even if this might reduce rents overall, its unpopular and therefore wont happen.
Besides, the real thing that provides stability, is balance between supply and demand. We simply dont have enough houses and apartments to provide a home to everyone who needs one. Until we get that, no structure will work.
Donald Trump is not to post in this thread again
A lot of landlords (understandably, I think), while they understand the need for regulation, complain of uncertainty in that regulation. One minute the government are allowing a particular thing, then they ban it, then they allow it again.
So I was wondering that instead of tax brakes, might it be an idea instead for the Govenrnment to research rental markets around the world, find out which ones are stable and provide reasonable returns for landlords as well as a decent amount of security for tenant. I posted the example of Vienna, a signficicant and historical city of just under two million, where rentals seem to work. Vienna suffered large scale bombing during WWII and so had to deal with housing shortages just like we are today but for different reasons. I will try to find the post and link it here.
The idea here would be that best practices would be based on what works elsewhere with certain adaptations to local conditions and would stay that way long term.
It's funny that I didn't name you specifically but you were able to recognise yourself in my post and I think you summed up what I was saying quite well.
I'm moving on now and I'll stick you on ignore as to not derail the thread any further. Have a good day Donald.
Started reading this thread, didn't cop it was from 2016, I thought it was a new thread.
Things haven't changed much in the meantime! And if they have it's for the worse!
The difficulty is in your inability to read and comprehend, and to instead waste your time constructing strawmen. That is on you and you alone.
It’s what’s going to happen, it’s literally the only tool left in the box that doesn’t ‘endanger’ tenants, they’ll never make it easier to evict, and I can’t see them changing the RPZ status, because it’ll be too much hard work, they may do something around it but it’ll be gradual.
They could try the stick approach with another ban but that’s going to lead to a constitutional challenge and that’s a road the government doesn’t want to go down, because if it’s found to be unconstitutional in the first place, all those guys who wanted to sell will have cases against the government that they were prevented from doing so, also all the people who wanted to buy who couldn’t and then mortgage approval lapsed will have cases too, because they were prevented by something unconstitutional, may even go back to the Covid ban, so no they won’t do this.
the only thing they can do relatively quickly is cut taxes and cut them to the bone it’s the only thinG they have left
Thought that prize went to Alan Kelly of the labour party, he brought in the first 2 year rent freeze back in 2015 along with increased notice periods and statutory declarations. Frequent changes since then that have increased tenant protections yet some people are still calling for more. Will it ever be sorted...
Like I said yesterday its not promises but legal contracts I'm suggesting.
A 5 year form of contract to reward landlords for continuing to provide accomodation.
It doesn't have to be a tax break per se, maybe something like an exit bonus.
It's counter intuitive to suggest that landlords wont be interested in extra income. That's why they are in the business.
Every unit that is kept in the market is a bonus at this stage.
It also helps to avoid local authorities taking ownership of unsuitable properties which will cause further headaches down the track.
That’s fine. That’s your opinion and entitled to it. There’s no constructive addition to the ha ha ha ha and I’m struggling to see what your intent is now.
Jesus, it wasn't even two.
Reported for spamming.
Coveny, the man who started the country down the road of mass homelessness. I think id rather have Leo, barely :)
I don't want landlords paying less tax. I have been so so clear on this hahahaha
A page or two???
A post or two, more like 🙄
In case anyone was unaware, Squidgainz does not believe landlords should get a tax break.
He'll be along to tell you again in a page or two, just in case you've forgotten.
Thankfully the end of this eviction ban will allow many to sell. That sounds like what you want here.
Possibly a more stupid comment than his intern "joke" in Washington last week. FG need to put Coveney in as leader asap before Leo digs an even deeper grave for them.