Rent (in an RPZ) that I charge way below the market rate - is it possible to correct this?

Or maybe market forces. Big business and small traders constantly up their prices due to increased costs and consumers pay higher rates. So it must be all suppliers that are greedy money-grabbers as every year we are charged more for everything but I’ve yet to hear the greed label applied to other sectors like education, health, retail, utilities, hospitality, entertainment, travel, sports, or even the government who are past masters at finding ways to increase taxes every year.
Nobody likes paying more but it’s just a fact of life that prices will go up regularly. But landlords providing places to live - greedy 🙄

Envy?

@joeyboy11 be careful what you wish for. I used to want to be a landlord. Now I own my own property and sometimes tempted to take in a lisencee now from the Hospital on short term contracts. I think again of RTB disruption to the house, having to change the matress…..screw that.

I know Bass, but the OP in his own post, said he wants to get more because others are getting it. He never mention costs. He has stated this. You decided it must for these other reasons, to avoid accepting that greed exists and a Landlord is being greedy.

Have you noticed how expensive it is to get trades for maintenance and repairs now? They have not just gone up by 2% per annum the past decade. They skyrocketed. Landlords are not charitable organisations where no profit needs to be made to justify the enterprise.

Yes, the landlord had the calculations on the RTB document, but we were under the impression that it was still capped at 2% per year, and that any 'carry over' increase is for tenacines in new RPZ areas that were added in June.

The rules on when a landlord can do a rent review are different depending on when the area became an RPZ. 

If you are in a new RPZ area (that became an RPZ in the last two years), your next rent review for an existing tenancy can only take place two years after your last rent review. 

The RPZ calculator cannot tell you if a rent review is allowed.

Nobody thinks rents are not too high - they are. However, they are not too high because of "greedy landlords". They are too high because of bad government policy.

If you dont like the price of bread in Tesco, you can go elsewhere. Thats competition. It puts a break on inflation because if one supplier gets out of line with their pricing, there is someone else you can change to. There is no competition in the rental market, so no break on rent inflation. All that government interference has driven out LLs (mostly the nice guys not charging as high as they can), and killed competition.

The best thing that could be done for the rental market is deregulation. Get rid of RPZs, mindless bureaucracy and endless changes to legislation. Allow quick eviction for non-paying tenants. Tenants might not know it, but this regulation is costing them a fortune by discouraging Landlords being in the market, and killing competition.

I'm a former LL. I sold up when a change in circumstances meant I couldnt subsidise rent any longer. My tenant would have paid higher rent to stay, but legislation stopped us making an agreement. I just invested elsewhere, and my former tenant became homeless. The pro-tenant legislation made little difference to me, but had a big impact on my tenant. I guess that has played out hundreds of times across the land.

Competition is not coming any time soon. So there is no real solution for people stuck other the help of Mammy & Daddy. Which not everyone has. I know on here people think the rules are in the favour of tenants but trying being a tenant.

Living in fear of rent hikes/ or LL selling/ or doesn't want to deal with you. We avoid having to deal with our LL, it's done through a property agent. Our cooker went this year, we went four months without telling them as it's always an issue dealing with them. We told them and they got a new one pretty fast. They have a guy who does this work for them.

Three times he no showed. I called them and explain what happened. I was told very aggressively, that I had to be more flexible and he be there when it suits him.

A month later and different lad was to come out to do something in the flat, he had also cancelled on me two times before, I had to cancel on him with two hours notice. I

t's not great, but something came up in work, what could I do. I was down on hours with the times I taken off being there the past month for these workers visit.

I got a warning e-mail from the agent saying that "I cancelled at the last minute and it was something I did all the time."

I rang her up and asked what was she on about. I cancelled once with two hours notice, but had been stood up five times by her workers on issues with the flat. No other cancellations on my part, so I had no idea what she was on about.

She didn't really response and I sent her an e-mail showing all the text from her workers saying they would be there at a time and not showing up. No response about that either. I believe this e-mail was them showing who's boss.

You may think RPZ are no good. But my rent would be double. When they raise the rent they have to use three examples to justify it. They always use two bedroom much bigger apartments. I am in a small one bed. I brough this to the RTB who were useless. Once I am gone, I have no doubt this place will be on the market for double. Before all say the "rules" who the hell is checking this stuff? Really.

People can talk about regulations, but if the LL wants you out they will. You can wait two years and a case to RTB and maybe it will go your way. But fat lot of good that will do you, when your homeless and your life is in tatters.

The reality two generations are screwed due to the crash and the government handling of it and going back to the original post the OP wanted to increase rent, because others are getting more. No mentions of cost etc. It's just greed, don't be afraid to say it. They can charge what they want and if you can't afford it, the tax payer will cover the rest. Great system.

Alright Leo

I don't know if you putting me in that group? I don't gamble, drink or smoke. My holiday this year was a one day trip to Manchester.

A lot more folk could afford to buy if there rent was lower and they could save more for a deposit.