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Landlords selling 2026

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Comments

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


    I'm afraid you may have misread my posts. Please quote me where you think I have said those things. For example, I said that selling social homes to tenants is not bad provided the discount is not too deep. I am against large discounts for social tenants.

    Also, I am not arguing for any social burden to be placed on landlords. Obviously there needs to be some form of security for tenants, and the new rules go some way to providing this. But I don't think this is placing a social burden on landlords as they are free to exit the market if the new rules don't suit them.



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



    ….provide social housing, although some essentially do via the RAS scheme.”


    No you have that wrong imo. The landlord of a RAS/Hap tenant is not providing a social house - they are a private landlord letting their property to private tenants. If those tenants happen to be receiving rent supports from the state that’s between the individual and the state. If the state makes a payment directly to the owner on behalf of the tenant, it doesn’t change the private landlord / tenant status. Those tenants will always be the same as every other private tenant in the country - it is not a social house.

    As for councils and AHBs buying on the open market for social housing provision, that’s their prerogative but the result is that working families who do not qualify for social housing are in direct competition with organisations who have endless means at their disposal so have an unlimited advantage in acquiring housing properties.

    The actions of the state and its agencies in the private purchase and rental markets in recent decades has severely impacted anyone outside the social net, less rentals, less to buy. The people who pay their own way are paying for the very systems that sabotage their own efforts and it’s completely distorted both markets. Although those policies are approved by government and endlessly promoted by those who think the taxpayer should provide, didn’t someone once say that the problem with socialism is that you eventually run out of other people's money?



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


    “…end up in homeless services putting a burden on the State through no fault of their own”


    I don’t get this landlords are the cause of people being a ‘burden on the state’. Please explain.

    Are you saying a private individual is obliged or has a responsibility to carry someone else on behalf of the state and against their own best interests?

    That a citizen, who has supplied their property to be used by another person for a specified period of time, should be forever tied to supplying their property just because they supplied it for a specified amount of time in the past?



  • Registered Users, Registered Users 2 Posts: 15,389 ✭✭✭✭The Nal


    Its not great news for renters if an enormo property company comes in and buys up a load of properties and sets rents at the max and beyond.

    Example. I sold my apartment last year (textbook Celtic Tiger accidental landlord) and one of the reasons was 75% of the apartments were bought by a big company who could then do what they wanted as they controlled the AGM. So they decided they wanted new lifts, stairs etc. At a cost of 4k per apartment. To justify higher rents.

    I was charging €1000 a month for a 2 bed. Never increased it. Barely covered the mortgage but they were good tenants. Now for the same apartment in the same complex rents are €2,450 for a 2 bed.

    I knew a few of us accidental plebs who were all charging fair rents. €1600 was the most I heard of up to a couple of years ago. Not anymore.



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


    Very common but the government and a lot of people want individual landlords gone and corporate landlords to run the rental market. Maybe it’s a better system but to me it sounds very impersonal, operating to strict rules just like every MNC where workers stick to the script. When I was a renter, I knew my landlords, very easy going and approachable, never any issues about repairs when needed or if the rent was a few days late. They weren’t gougers or dodgy, just regular people making a living. Maybe the impersonal, no deviation, rules-based system works better today.

    Edit: are you glad you made the decision to leave the rental market?



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


    It is not the landlords themselves but rather the old rules now being phased out that place the burden. The new rules mean, particularly for tenants of the larger landlords (>3 properties) that the tenancy will last for at least six years with controlled increases in rent, only resetting to market at the end of each six-year period.



  • Registered Users, Registered Users 2 Posts: 6,536 ✭✭✭alias no.9


    The **** show is the net result of the RPZ system, where two identical neighbouring properties could have their legal maximum rent set at massively different values. Without proper direction on how the information should be used, it's a can of worms.

    Most of the examples at the bottom end of the range will have been artificially held below market rates to comply with the RPZ systems, the release of this data shows how much the RPZ system distorted the market, can these data points now to be held as credible inputs to establish market rates?

    There needs to be clear direction on how the rent register may be used to set the rent, failure to provide this leaves landlords free to price to the maximum of the range plus 2% since that rent could have been set 364 days ago.



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


    Clear direction is needed but i dont think a landlord can just cherry pick the highest rent as they are asked to reference 3 rent prices when staking their claim for market rent.

    Ive said it before but an obvious consequence of the new system is large landlords leaving properties empty until the prices go higher.

    If 5 landlords are looking to rent in an area, the landlord that rents last will get the highest price.



  • Registered Users, Registered Users 2 Posts: 6,536 ✭✭✭alias no.9


    Without clear direction, what's wrong with citing the top 3 and setting to the maximum plus 2%?



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


    Exactly that - it’s the rules that are causing the dysfunctional market.



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  • Registered Users, Registered Users 2 Posts: 15,389 ✭✭✭✭The Nal


    Edit: are you glad you made the decision to leave the rental market?

    Hell yeah. Mortgage went from €950 to €1200 in 2022 (26%) with the interest rate hikes. I could only increase rent by 2%.

    Management fees went up. Was just about at the stage where I was going to have to replace big things. Doors, boiler, decking etc.

    If the government helped individual landlords at all there would be people living in that apartment now for say €1400 a month. But whoever is living there now is paying about €2400 instead.



  • Registered Users, Registered Users 2 Posts: 4,217 ✭✭✭spaceHopper


    At the very best that will work in larger town and cities. What if you need to rent in the country or a small village? No big LL there sorry to bad. What if your parent has dementia and needs a nursing home. Unless you have power of attorney you can't sell the house. If you rent it, you are locked in for 6 years. What happens if they die after a year, but there is not tax bill so settle, you can't sell it for 5 more years even though you never wanted to be a LL only needed to do it to pay for part of a nursing home bill. People won't rent out those types of houses now, so a house that could be rented to a family is locked up, kept empty.



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


    Agreed. The large landlords will invest in the cities, not rural ireland. Rental stock in rural ireland will be especially impacted by these changes as small landlords leave or switch to AirBnB.



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


    New EU legislation coming in 2026 for short term lets. That will probably restrict STLs even more, or increase tax, or there’ll be some other rule to ‘encourage’ owners back to the rental market 😂



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


    The rules are there to try and fix the problem of no rentals for social housing. That was caused with selling off public housing and not building any to replace it. Then out sourcing it to the private sector which broke that market.

    Until they fix that basic problem no rule will fix anything. All the rules are doing is compounding the issues.

    The rules are another symptom. They make the problem worse but are not a cause in themselves. All falls back to too many tenants not enough housing.

    All the govt is doing is shuffling the deckchairs on the Titanic to look busy.



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


    Would that inpact rural or small towns who are legally able to rent on AirBNB?

    I thought the changes were more related to registration and transparency.

    If an AirBnB has planning approval and is in a town of less than 20 thousand people, i think it could still stay on AirBnB?



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


    And yet there is still no real pressure on councils to deliver their own new housing.

    The govt have leant on the private sector for far too long and its no wonder house prices keep rising when private stock is being removed from the market.

    Post edited by BlueSkyDreams on


  • Registered Users, Registered Users 2 Posts: 1,551 ✭✭✭csirl


    Dont like the use of the term short term lets this way. In the old days we called these "holiday homes'. You could get a catalogue/brochure from Bord Failte with details/pics of all the holiday homes in a particular tourism area.

    In the old days a short term let was e.g. a student renting for a single academic year!



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


    The could rent to a student for the term only, tourist the rest of the summer. Now the student has to commit to a longer term.



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


    Agree, the state should add to social housing because the population is growing. It was a bad decision to rely on the Part5 component of developments and the private rental market to meet demand. But, Im not sure how selling public housing to tenants makes the problem worse though. It’s just another scheme to help people buy, plenty of others get state support, help to buy, shared equity, grants for renovation etc. If those homes weren’t bought by the tenants, they’d continue living there so the house wouldn’t be available for new tenants anyway.



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  • Registered Users, Registered Users 2 Posts: 96 ✭✭Aidensfield


    And the worst part is they are also now likely to get their notice again because of the latest regulations.



  • Registered Users, Registered Users 2, Paid Member Posts: 22,097 ✭✭✭✭Bass Reeves


    https://m.independent.ie/irish-news/landlord-firm-that-issued-36-eviction-notices-in-one-estate-has-been-involved-in-multiple-rtb-disputes/a990639310.html

    This is one of the largest to follow the motto "f@@k this I am off". Minister Browne claiming it has nothing to do with nrw regulations. The only risk for them is that the RTB will find the notices invalid. A mixtutes of wins and losses at the RTB they are like many LL as much sinned against as sinners. At 200k/ unit its over a 7 million portfolio. They obviously made the decision this was in there best interests

    Slava Ukrainii



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


    I think as the current pre march 2025 tenancies end naturally over the next few years most landlords will be selling up and leaving the rental market. That will be somewhat good for people looking to buy a house or apartment, but very, very bad for renters. Especially people moving. I cant see new landlords coming in unless the rents are huge. I can see all the landlords already in wanting out in the next few years.



  • Registered Users, Registered Users 2 Posts: 432 ✭✭malibu4u


    Anyone investing in property now in Ireland would be mad. Too much red tape, negative press, problems with tenants, high costs like tradespeople for repairs, high taxes eg capital gains tax, income tax, prop tax, fees buying and selling, risk of 50% price collapse like in 2008 etc.



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


    As I said to my brother when he was trying to decide to sell or not a few months ago.

    That water tank and pump that you had to replace that cost you €3500 and the €280 carpenter to fix the door on the kitchen cupboard and rehang the bathroom door and the €400 to replace a 3 year old bajaxed washer dryer and the whole house is going to need painting next year plus a new sofa. Kitchen chairs are on their last legs too.

    That money is not going to come from a 2% rent rise to pay that back to you. That 2% might get you the extra fees for the RTB that you will no doubt be paying out to them over the next few years.



  • Registered Users, Registered Users 2 Posts: 490 ✭✭bluedex


    So the predicted sh*tstorm has well and truly kicked off, and the minister has unwittingly confirmed the government views and stance on this:

    In a statement to The Journal Minister for Housing James Browne said: “Let me be very clear. There are rules here and landlords are expected to follow them, and if they do not, they should face the full rigour of the Residential Tenancies Board’s dispute mechanisms.”

    A landlord has responsibilities, and tenants have rights. I have increased funding to the RTB to ramp up their oversight, their systems and their capacity.”

    There you have it: a landlord has responsibilities (no mention of rights), and tenants have rights (no mention of responsibilities). Surely both have both?

    This is their attitude in a nutshell, and why they are doomed to failure on this.

    Never argue with an idiot. They will only bring you down to their level and beat you with experience.



  • Registered Users, Registered Users 2 Posts: 15,389 ✭✭✭✭The Nal




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


    Havent we been told by Simon and James that people have been spreading misinformation that the evictions in wexford were due to the new rules? Well now - Who has been the ones spreading the misinformation.

    https://www.thejournal.ie/evictions-wexford-video-6975682-Mar2026/?utm_source=thejournal&utm_content=top-stories



  • Registered Users, Registered Users 2 Posts: 490 ✭✭bluedex


    Their lying exposed bare.

    They must think we're all as thick as a lot of the people commenting on The Journal articles

    Never argue with an idiot. They will only bring you down to their level and beat you with experience.



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




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