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

No I'm more bothered by using actual data to back up the reality.

The petty attempt at digs is just quite sad, shouldn't be getting personal with people just because they have proved you to be wrong.

You are a massive hypocrite because you are being extremely petty.

I am not the only one pointing out the figures are skewed and don't show the details. Number goes up does not mean better or that landlords didn't leave. As I said wait till the policy of owning 5 properties comes in and you will see the number of landlords jump, just wait

https://www.rte.ie/news/analysis-and-comment/2025/0301/1499591-property-landlords-rental/

Ah man, there's hyperbolic headlines and then there's the national broadcaster making it look like 4 out of 5 private house sales are to landlords during a housing crisis.

It's got people engaging and as bad as it is that's what they want.

I completely agree that a national broadcaster should be above this style of journalism but apparently they're not at times.

MASSIVE hypocrite

Go back and read what I said because you clearly never understood. I didn't deny the number of landlords has increased ever. It doesn't mean what you claim it means and you can still have 40000 landlords leave the market in 5 years, be replaced and more join but you still have less people housed and/or pay higher rent with less choice. That is a bad thing.

The plain count of the figure doesn't show that which is pretty much all I ever said and the response has been MORE means MORE. No adjustment for the increase in properties overall making it even less informative. If you don't understand that it is your issue not mine

I never argued any other point than the figures are massively skewed and without context don't tell the picture. I made the point there was no trying about it. Others including yourself would not acknowledge this and you are not really acknowledging that now either by suggesting I am "trying" to make a point. I illustrated and showed how the figure do not mean what was being claimed or at the very least how they can be used to mislead.

Rocket there is trying to claim he won an argument that he never understood.

I certainly pointed out the reason why previous rentals are leaving areas and not being replaced and you should at least understand the economics of that and how it won't show in those figure. That is more than anecdotal. You can choose to ignore my knowledge as there is no capturing of the data but you can understand the economics of it and how the figures will never show it. Don't forget in the 00s there were a lot of people buying houses off the plans to flip them on completion and you can be sure some of these new landlords are planning on flipping them in a short period (in terms of renting) and there won't be figures on that either. Figures are tool not reality

I just said you can ignore it. The difference here is I explained the logic of why things are happening a particular way. I am not saying you have to believe the narrative but understand the logic. The doggedly going on about a figure that does not tell the reality or why things are happening the way they are.

The rental market has radically changed my experience out ways many figures as it was never recorded. When I explain what happens now with a rental that is sold now compared to the past you can't say this is in the figure.

Surely you can see the difference?

Limerick City rents have doubled in 5 years and are now comparable with Dublin rents (todays daft rental report)

The LDA owns vast tracts of green and brownfield sites in the city and have been sitting on it for years. Much of the city is derelict and functioning office space is scheduled for demolition.

The FFG administration are a far greater threat to Irish economy than the Trump administration. Has it ever been thus to borrow another posters phrase

Dublin rents are still a lot higher than Limerick City.

3 Bed house in D2 and D4 is 3k a month, vs only 2k in Limerick City.

A one bed apartment in D2 costs the same as a 3 bed house in Limerick City.

The report does point out, as said plenty of times before, that the rent caps are ironically causing rent rises.

Ireland's share of new rental investment across the UK/IRE dropping from 15% to only 4% last year.

The rent caps need to go if we are ever going to build 50k homes per year.

There is no way 2/3 adults own their own home. That must include adults living with parents as well as the parents who own the home.

Nonetheless, FFG and selfish property owners who cheer on rising house prices and rents should not be the only ones benefitting from the property market - it is pretty clear that there are winners and losers but no in betweeners. Renters are getting royally screwed with poor security of tenure, terrible quality family rentals and of course the crazy prices.

Like a good car market, it should be possible for anyone to get something comfortable for themselves depending on their budget. I hope to see it crash hard, not that I am in Ireland anymore.

I could be wrong on this, but is there not some merit to this?

I thought the stat was that 65-70% of homes are owner occupied. Does that not ‘conceal’ 30th somethings living with parents as ‘living in owner occupied homes’?

Dublin rents are still a lot higher than Limerick City.

3 Bed house in D2 and D4 is 3k a month, vs only 2k in Limerick City.

A one bed apartment in D2 costs the same as a 3 bed house in Limerick City

The Daft national report must be wrong then. I understand that the Limerick figure may be distorted by the abysmal sample size of available properties, but i doubt the actual average asking rent price was calculated incorrectly.

At current local rental inflation, with regard to the gap between Limerick and Dublin. Limerick will have the most expensive rentals by year end

According to the latest Daft.ie Rental Report for Q2 2025, average rents in Irish cities and regions continued to rise, with Dublin at €2,583 (up 6.5% annually), Cork city at €2,241 (up 11.8%), Limerick city at €2,422 (up 14.9%), and Galway city at €2,295 (up 8.5%)