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Landlords selling 2026

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Comments

  • Registered Users, Registered Users 2 Posts: 1,550 ✭✭✭csirl


    Private landlords shouldnt be (forced) into subsidsed social housing provision. Thats the responsibility of local authorities.

    Local authorities should be banned from buying, leasing or renting private housing stock.



  • Registered Users, Registered Users 2 Posts: 1,589 ✭✭✭Emblematic


    But the complaint that I am answering is that too many housing units are being built or purchased by local authorities and AHBs. As such, it is being argued, it is unfair on private landlords.

    My argument against this is that no group (landlords included) are entitled to an income unless it is also beneficial to society as a whole. A shopkeeper makes a profit selling groceries in a town, but society also benefits from that service being offered.

    But yes, I agree that costs should be kept down. They should be solid units but not fancy. That way a lot more of them could be produced.



  • Registered Users, Registered Users 2 Posts: 1,589 ✭✭✭Emblematic


    I don't think private landlords are forced into social housing provision and I certainly am not arguing for that.

    On your second point that local authorities should be banned from buying, leasing, renting private housing stock, can I ask you why you think this?

    If it is cheaper to buy "off-the-peg" housing from developers, provided the proper price is paid, where is the problem? Are you also against HAP or rent allowance being paid?



  • Registered Users, Registered Users 2 Posts: 5,878 ✭✭✭BlueSkyDreams


    That makes no sense.

    Private renters in Dublin earn too much to qualify for social housing.

    It almost sounds like you are saying there should only be social housing and no private rental stock.

    We need more of both types of accommodation and its on the govt to provide social housing, not private landlords.



  • Registered Users, Registered Users 2 Posts: 1,589 ✭✭✭Emblematic



    The first point is not true. Some private renters don't qualify for social housing, but very long waiting lists mean that many that do qualify for social housing, rent from private landlords because there's not enough social housing to go around.

    No, I'm not saying there should be no private rental stock, but probably a larger proportion of the overall housing stock should be social or cost-basis housing. Like I said, long waiting lists are evidence of a shortage of social housing.

    Yes, there should be both types. There should also be a supply for purchase. For the private rental side, I would see a move towards larger (> 3) landlords being better for the country under the new rules.



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  • Registered Users, Registered Users 2, Paid Member Posts: 371 ✭✭sugarman20


    Anyone have a look at the rent register yet?

    RTB Rent Register

    Post edited by sugarman20 on

    SUBSCRIBE HERE TO KEEP BOARDS ONLINE

    Linky



  • Registered Users, Registered Users 2 Posts: 5,878 ✭✭✭BlueSkyDreams


    The new rules on the rtb site seem to say that there is no 2% cap on annual rent rises for new apartments and the rent rise can track CPI.

    I thought that the 2% cap still applied even if CPI was above 2%.



  • Registered Users, Registered Users 2 Posts: 1,550 ✭✭✭csirl


    I think its very obvious. If local authorities are acquiring the majority of housing, then there's none left for for the majority of working families. This creates societal problems.

    Whatever your thoughts on sociak housing, it is supposed to be for a minority of people who cant provide for them selves. Most people dont and wont ever qualify for social housing nor is it sustainable for the taxpayer to house most people.



  • Registered Users, Registered Users 2 Posts: 2,467 ✭✭✭mrslancaster


    Had a quick search for the area where my niece is renting. Of the 10 properties in the results, the lowest was 1090 and highest 2800. How does that help a landlord to set a new rent? Does he take the 3 highest or an average of all 10. The RTB website doesn’t say.
    My niece is house sharing with two friends for about five years now and when they got their last rent increase, the landlord sent them printouts of photos from daft. Three similar houses, terraced, approx the same size, same types of area regarding transport links and facilities, same side of the city, same distance to town centre, they could see the gardens, decor, furnishings etc. My niece and her housemates could see what other similar places were costing, they actually have a low rent.

    Not sure how this new system is better.



  • Registered Users, Registered Users 2 Posts: 5,878 ✭✭✭BlueSkyDreams


    I wondred that also. Maybe its an average of the top 3?

    Odd that it doesnt confirm on the rtb site.



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  • Registered Users, Registered Users 2 Posts: 924 ✭✭✭bored65




  • Registered Users, Registered Users 2 Posts: 924 ✭✭✭bored65


    good questions just checked my area between 950 and … 2850

    What a shitshow this gonna be



  • Registered Users, Registered Users 2 Posts: 2,467 ✭✭✭mrslancaster


    Yes and landlords will have to get things right or be fined by the rtb. The minister says all the new rules are better for tenants but if a person is looking to rent somewhere, or if they get a rent increase, they want to see as much information as possible about other rentals in the area. The size and BER doesn’t really cut it.



  • Registered Users, Registered Users 2 Posts: 924 ✭✭✭bored65


    It perversely also incentivises landlords to not upkeep and furnish their homes for example by adding better flooring or furniture or kitchen equipment, if anything imho one be mad to not just rent out completely unfinished, if a tenant can be there for 6 years and there’s no benefit to you presenting the place better than a concrete shell



  • Registered Users, Registered Users 2 Posts: 2,467 ✭✭✭mrslancaster


    Awful situation for any tenant and no doubt we’ll hear of more notices on the way. Just another mess for anyone who’s affected by even more changes. You’d have to wonder what goes on in ministers’ heads at times.

    Expecting fireworks in the Dail next week 🤯🤯. And two by-elections on the way. 🤦‍♀️ 🤦‍♀️



  • Registered Users, Registered Users 2 Posts: 324 ✭✭MadeInKerry


    I just checked my friends apartment. It looks like he is paying way too much. He has a 1 bed apartment in Santry and is paying €1200 and has been there 4 years. The average of the ones returned by the RTB is €1010. I think there might be some bugs.



  • Registered Users, Registered Users 2 Posts: 324 ✭✭MadeInKerry


    There are clearly all rent locked properties being chosen here. They are not actually market rents coming back at all.



  • Registered Users, Registered Users 2 Posts: 2,467 ✭✭✭mrslancaster


    There’s at least two cost-rental schemes in Santry. That has to skew the rent amounts listed.



  • Registered Users, Registered Users 2 Posts: 324 ✭✭MadeInKerry


    They shouldnt be in there then as they are not open market prices for them. The list is not market prices at all. So whats the point of it at all.



  • Registered Users, Registered Users 2 Posts: 61 ✭✭themoone


    deleted by me

    Post edited by themoone on


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  • Registered Users, Registered Users 2 Posts: 1,589 ✭✭✭Emblematic


    OK, we're complaining that local authorities are buying up or building the majority of housing. But given the the topic of the thread "landlords selling 2026", is what is being provided by social housing not better than what would otherwise have been provided by private landlords?

    Why is it a great tragedy for society that social homes are now being provided, offering security and reasonable rents, instead of what private landlords want to supply: sky high rents and next to no security?

    I disagree that most people don't and wont qualify for social or cost-rental housing. I already gave figures that show that the cut-off for a single person for social housing is pretty close to the median income, and that for cost-rental housing it is about 95% of incomes.

    The main problem is long waiting lists. But long waiting lists are indicative of not enough social and cost-rental units being purchased/built, not too many as people are suggesting here. It is also evidence that, while not absolutely everyone will qualify, there's no shortage of those that do qualify.



  • Registered Users, Registered Users 2 Posts: 1,550 ✭✭✭csirl


    95% of people getting social housing! Just think about that for a while from a sustainability perspective........and who's going to pay for it?

    Back to the thread. Why cant Ireland have similar rental rules to other European countries? Where non paying tenants are gone in weeks, where the length of contracts are respected by all sides etc.?



  • Registered Users, Registered Users 2 Posts: 2,467 ✭✭✭mrslancaster


    How is the quantity of social housing provided by local authorities, AHBs, housing charities relevant to landlords selling up? Those bodies can build and supply as many social houses as they like for people unable to provide their own accommodation. The rules for social housing may be better for those tenants, the properties may be newer, they might have security of tenure for life. Nobody is disagreeing with any of that.

    But landlords are not providers of social housing. The lines between private and state provided accommodation are blurred now because people who should be in social housing are in the private market and being subsidised by the taxpayer.
    Private landlords were never in the long term social housing space in the past, their target market was people who wanted to rent for short periods or longer term renters who didn’t want to buy. They agreed contracts and both sides knew where they stood.

    Landlords are selling because the rental market has changed and is not suitable for their needs any longer. They have needs just like tenants, financial, family, etc. They are entitled to enter and exit any business sector in the state as long as they comply with the rules. The rental sector is no different.

    Post edited by mrslancaster on


  • Registered Users, Registered Users 2 Posts: 1,237 ✭✭✭hamburgham


    I think there were lots of private landlords who were charging reasonable, below market rents. This never enters the narrative. They are not all the money grabbers they’re portrayed to be. I think being able to give notice when if and when they need the property was more important to many than the rent.
    I wish someone should take a constitutional challenge to this six year tenancy crap. It is outrageous. It is up to the government to provide housing not private individuals.

    And yet councils still permitted to sell off their social housing to tenants.



  • Registered Users, Registered Users 2 Posts: 324 ✭✭MadeInKerry


    Your suggestion is the one thing that would fix the whole rental market, yet its the most politically impossible thing to implement.



  • Registered Users, Registered Users 2 Posts: 16,972 ✭✭✭✭Flinty997


    Waiting lists are a symptom not the problem.

    What you're suggesting creating a new shortage to solve an older shortage. Ultimately it solves nothing.



  • Registered Users, Registered Users 2 Posts: 1,589 ✭✭✭Emblematic


    No one is saying that landlords should provide social housing, although some essentially do via the RAS scheme. In fact, I have suggested in this thread that there might be too many small landlords in Ireland for the good of society. A reduction may be welcome if alternatives in the form of social housing, greater availability of houses to purchase, or better regulated private rentals become available.

    The point I was addressing is the idea that increased purchasing and building of social housing was a bad thing instead of encouraging small landlords to buy more properties. As a poster said, "Local authorities should be banned from buying, leasing or renting private housing stock". I am merely pointing out that this does not make a huge amount of sense.



  • Registered Users, Registered Users 2, Paid Member Posts: 22,093 ✭✭✭✭Bass Reeves


    Country road I drive there is a house that I know was rented for last 15-20 years usually to HAP tenants. Saw a for sale sign on it this morni g

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 1,589 ✭✭✭Emblematic


    No one is suggesting they are all money grabbers, but the problem with having tenants on below market rents but with little security is that when the landlord does retake possession of the property, the tenants will find it difficult to find alternative accommodation and may end up in homeless services putting a burden on the State through no fault of their own.

    I think with regard to councils selling off social housing to tenants, this is only a problem if the discount is too deep. But if councils can get a reasonable price, then they can use that money towards new builds/purchases for new tenants off the housing list.



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  • Registered Users, Registered Users 2 Posts: 3,664 ✭✭✭Fol20


    Why are you pushing this social burden on private landlords. This is a social issue that the government should provide, not the landlords. If a landlord needs the property back given he is the person who owns the property and if anything goes wrong with the house or failure to pay the mortgage. He is the one responsible not the tenant, why are you against this. A tenant could bounce today with no notice or responsibilities. A landlord cannot do the same. Do you think this is fair. You also seem fine that landlords should subsidise tenants in the form of cheaper rent. If I went into your workplace and ask you to subsidise me would you happily to do it and say nothing.

    You also seem completely fine with the government also providing a discount for selling social homes. We have one of the lowest amount of social homes in Europe as we sold a whole swath of them before. Would it not make sense to offer zero discounts. A social person can buy one at market rate, or if for example they were initially given a social home 20 years ago and now a 3 bed is no longer needed as the kids have grown up that the parents would now be moved to a one bed social home and the 3 bed can go to a new social family that needs a 3 bed.

    It’s weird that you’re happy for every aspect to be offered discounts/ cheap rates but someone has to pay for these rates. You just want it to be the same cohort that pay for everything.



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