Irish Property Market chat II - *read mod note post #1 before posting*

Is there any counter argument to the claim that 79% of private homes sold in Dublin were bought by landlords?

I wouldn't be lecturing people on what is wrong, still waiting for you to admit that you were wrong from last week.

I'd be interested in hearing this too, just about to give that recording a listen. Absolutely shocking if true.

I have noticed that a lot of houses selling over the last few years around me in D7 all seem to have AirB&B lock boxes appear out front a few months later. Wouldn't be registering in that 79%, mind you.

So if the 79% is true it would be even higher if you factored in AirB&B too

Good post from Reddit Ireland where someone ran some of the numbers from the stats, don't look to be adding up against SF's 79% claim:

'No, I can't see where they are getting 79% from.

The stats on house purchases are in table HPA02 from the CSO, and it splits the types of buyers into:

• First‑Time Buyers (FTBs): People buying their first home
• Former Owner‑Occupiers: People moving from one home to another
• Non‑Occupiers: Buyers purchasing property without living in it, e.g. mostly landlords or buy‑to‑let investors
• Non‑Household Buyers: Various entities that are not individuals like private companies, charitable organisations, State bodies, pension funds, Approved Housing Bodies (AHBs), Local Authorities etc.

The breakdown for each (2024) for County Dublin:

About 80-90% of dwellings bought by Non‑Occupiers and about 20% of dwellings bought by non‑Household Buyers could be classed as "bought by a landlord". A small proportion of Former Owner-Occupier and First-Time Buyer Owner-Occupier might be landlords too (67.7% of purchases).

So, I think the proportion of dwellings bought by landlords in County Dublin in 2024 was ~15%.

I don't see how they got 79% without some massaging of figures.

They might have restricted their stats to a small geographic area e.g. DCC or part of, or just new homes (rare in DCC), and specifically new apartments in DCC.'

I've since seen on Reddit that it relates to DCC only.

It's pretty shocking that RTE wouldnt pull them up on that element of it.

Are you actually doubling down when multiple posters provided evidence that proved you to be wrong?

Sorry it's everyone else and the statistics that were wrong, not yourself, carry on.

There was never an argument, it was multiple people providing you with evidence that disproved your belief while you put your head in the sand and said "I know people selling" or "I'm in the industry", none of which were in anyway relevant.

We have clear evidence on side, you have an anecdotal opinion, only ever one winner there.

Wouldn't waste any more breath. Sure there's still people who think the earth is flat despite all evidence to the contrary.