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Landlords selling 2026

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Comments

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


    I’ve been reading for some years now that corporate landlords are the best option for tenants. They don’t ‘evict’ like small or solo landlords, and tenants have more security. Purely by chance I came across a website https://topevictors.ie/maps/legal-evictions.html from tenant advocates CATU although the data doesn’t appear to be updated after 2024.

    What was surprising was this: “Using this information, we have compiled a list of the ten landlords responsible for the most evictions. The top ten evictors include corporate landlords, approved housing bodies (AHBs) and receivers”

    Interesting.



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


    It is however a simple fact in this instance that existing tenancies are not covered by the new rules. Maybe in this case he had some issues with how he is percieved, or has debts or whatever as you suggest. I don't know. But the way he sent around an agent to scare tenants with evictions on a false pretext is, I think you will agree, a bit scummy. He gives a bad name to landlords. I have never heard landlords being called evil, dodgy or gougers on this thread, these are entirely your words as far as I can see. I certainly have never called them that, but to the extent they are called that, landlords like him must take some of the blame.

    Post edited by Emblematic on


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


    It is a question of proportion. A landlord when purchasing a property from the private market does remove that property from being available for purchase by, for example, a young couple looking to start a family. This does not mean that landlords should be prevented from purchasing homes or investing in the market. What it means is that minimum standards of security need to apply.

    We can have very low standards, but this only works if renting is a very niche thing in a country. Romania has fairly low security standards for tenants, but it is also a country where the vast bulk of people own their own homes. Your argument works here.

    It stops working when renting becomes more mainstream. It would not be good in, for example, Germany, where a high proportion of people rent long-term, if the grounds for no fault evictions drastically increased. The system there would not cope. So they have rules that if you want to enter the market as a landlord, you must agree to fairly high levels of security for tenants. Otherwise, stay out, and let people buy their homes.

    There's a balance to be met I think we can all agree. We might disagree on where that balance should lie, with landlords arguing that too much rights are being granted to tenants. That is very understandable (if wrong, imo). The problem I would have is when they try and whip up panic in their own tenants in order to get their way on rules that apply to future tenancies, not affecting existing tanants.



  • Registered Users, Registered Users 2 Posts: 1,923 ✭✭✭ballyharpat


    Again, we will go by what is said in the video, he is issuing the notices of termination because he does not know what's coming down the line with the then unreleased, now current rules. The government have issued many changes overnight to the rental market, none of them benefit the landlord. Here you have an agent acting on behalf of a landlord to protect themselves, for what it's worth.

    If you go on Reddit, or boards, or any other forum, it's riddled with landlord bashing. Do you really not see this? or are you playing dumb? or have you been living under a stone?

    https://www.thejournal.ie/readme/landlords-housing-crisis-2827843-Jun2016/#:~:text=MINISTER%20OF%20STATE%20John%20Halligan,the%20bastards%E2%80%9D%2C%20referring%20to%20landlords.

    https://share.google/4ZAf9a6OHpBm1vgNu

    https://www.facebook.com/reel/697512440096174

    https://www.facebook.com/reel/697512440096174

    Have you heard of Sinn Fein? have you seen them talk about how bad landlords are? even though they are the wealthiest party by property portfolio.



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


    Ah now, the general narrative about landlords is that they are dodgy and ripping people off. I’ve heard them called evil and rent gougers and seen placards at protests. For the past few months, SF, SDs and PBP TDs have talked of rip-off rent hikes in the dail, accusing landlords of being responsible for homelessness and organising protests for more rent controls.

    Even if those existing tenancies in Wexford were not affected by the new rules, that landlord is within his rights to issue NoTs as long as they comply with the rules, plus any restriction about several notices issued at the same time. Who knows how he structured the NoT notice periods, they might have been staggered with the final terminations in a few years time so may have been 100% valid or the RTB could have found them invalid. Either way, he had a legal right to issue them. And the tenants had a right to dispute them through the correct channel and if the RTB found he had acted illegally, then he would get the appropriate sanctions and/or fines.

    As for that agent/delivery man, who knows whether he had authority to speak for the owners, he had no reason to say anything at all about old or new rules to those tenants, maybe his job was just to deliver documents and get proof of delivery. Nobody but the owners know if the NoTs were a false pretext to scare tenants - that sounds like another assumption that contributes to the viewpoint that the landlord was doing something wrong or illegal or ‘scummy’. Imo, scummy is just an alternative word to dodgy/evil/gouger, but each to their own.

    Post edited by mrslancaster on


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


    The rules change so easily and so often & the changes always favour the tenant and not the landlords.

    Existing tenancies are not subject to the new rules today though that does not mean they wont be subject to the new rules tomorrow.

    Landlords with existing tenancies can see this and the writing is on the wall, especially if small landlords continue to leave in their droves and their rental stock is not replaced quickly enough.

    Its obvious what the govt will do if that chain of events unfolds as expected & thats why many landlords are leaving or planning to leave, including those with pre March 1st tenancies.



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


    The landlord's right under the old rules to issue eviction notices is not being disputed, but that was not what was happening here. He was letting the tenant know that whether or not evictions would happen would be issued would depend how the debate went and the final decision would be made in about ten days. From the RTE report:

    "The video footage showed the resident being told that the landlord would carefully follow "radio shows and political debate" over the subsequent days, before making a "final decision" on whether or not the tenants would be evicted."

    Can you imagine the fear and uncertainty among tenants not knowing whether they would have homes based on some political debate to happen some time in the future? It is one thing being given notice of termination but it is another thing being kept in limbo in this way.

    One of the tenants has stage-four cancer:

    One of the Hazelwood residents, Tina Rowe, had just emerged from her latest round of treatment for stage-four cancer when she got the news of Patchflow Ltd’s U-turn.

    “My mind is just boggled by it now,” she said. “I’m not sure how to feel about it. To be honest, I still want to get out of there now. There’s been a couple of issues with the house that they just wouldn’t deal with and I can just never feel secure there now.

    This is why the new rules are needed.



  • Registered Users, Registered Users 2 Posts: 16,973 ✭✭✭✭Flinty997


    There is an irony in complaining about the uncertainty due to the rules constantly changing while at the same advocating for the rules to be constantly changed. It's hypocritical.

    Does the health of landlords matter when the govt makes it's latest brain fart.

    They were warned a zillion times the impact of creating uncertainty and high risk for landlords. They insisted on doing this anyway. They wanted landlords to leave.

    It's the Govt creating rental shortages for tenants no one else. The Govt and tenants wanted these large landlords. They've got what they asked for.

    Post edited by Flinty997 on


  • Registered Users, Registered Users 2, Paid Member Posts: 22,100 ✭✭✭✭Bass Reeves


    An you imagine the fear and uncertainty that LL have been going through for the last six months. The issue for the LL was he was up against a deadline not of his making.

    There Is so much legislation governing house rentals that you need professionals to wade through and even they make mistakes. The legislation was only passed a few weeks ago. The RTB information days were scheduled very late which was very.unfair on LL's. I say some larger LL are sorry that they did not terminate the rentals of 9 houses. I think.if I was in the LL situation in this case I would only withdraw notices and not on 9 and cash in that investment.

    Slava Ukrainii



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


    That does not make sense. What deadline? You are aware that the new rules only apply to new tenancies?

    He may have been annoyed that if he wanted to expand his property portfolio, he would have to abide by the new rules. That is fine. He is entitled to not be happy with the new rules.

    And of course, he's also entitled to sell up and get out of the business for whatever reason.

    Where I think his actions might be considered scummy (and I'm not painting all landlords with this brush), is his treatment of his existing tenants, dragging them in to his problems with rules that would only apply to new tenancies. Those issues he has concerning new tenancies are between him and the government.

    Those rules have nothing to do with those tenants, and he, via his agent, were making out that if he did not get his way in an upcoming debate, he would be issuing eviction notices. What were they supposed to do with this information? Perhaps he wanted them to phone in to radio shows to try and get the rules reversed. Who knows. But it is very scummy behaviour.

    I have said fairly consistently that if landlords don't like the rules they should do society a favour and get out of the business, and if there's one positive thing about the new rules, it is that people like him won't be involved in the future.



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



    Agree it’s stressful to receive an NoT, but a landlord’s rights aren’t contingent on tenant health, same as tenant rights aren’t dependent on landlord health. A lot of landlords were negatively impacted when previous legislation came in overnight and landlords had different reactions to the latest changes. Afaik, there’s nothing to stop a landlord (or a tenant) issuing notice and withdrawing it later as long as the other side agrees. The Wexford landlord acted in his own best interest and as long as he’s compliant, he decides how to run his business even though people disagree with his choice.



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


    I don't think anyone is suggesting he did anything illegal, first warning that evictions may be carried out depending on how the debate goes in the media, then issuing NoTs when things did not go his way, then withdrawing those NoTs after negative publicity in the media.

    Bit scummy though, in my opinion. He should take responsibility. Fight his own fights, not drag others into it who have nothing to do with his dispute.



  • Registered Users, Registered Users 2, Paid Member Posts: 4,480 ✭✭✭TaurenDruid


    Bit scummy though, in my opinion. He should take responsibility. Fight his own fights, not drag others into it.

    This is it, the crux of the matter. The behaviour was quite legal. It was also scummy.

    People are absolutely entitled to make a profit, once they obey the laws and regs that are in place, and to continue to trade or to cash in their chips. But they have a choice whether they do that in a fair and decent manner, or in a scummy way. That effectively applies to everyone in society.

    Do a fair day's work for a fair day's pay - or steal time or resources or stock from your employer. Treat your employees well - or exploit them, paying minimum wage on zero hours contracts and not paying overtime; or telling them they're self-employed contractors and have no sick leave. Provide decent goods and/or services to your customers - or give them poor quality for even more money.

    It's the delivery driver who'll go around again to pull in at a loading bay, versus the one who'll park on a footpath, blocking it entirely, because "**** you, I have a job to do, someone trying to get by in a wheelchair is not my problem."

    Whatever Martin Sinnott was at, there's no other way to look at it, he was being selfish and scummy, and that was a choice he made, in the cold light of day.

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  • Registered Users, Registered Users 2, Paid Member Posts: 4,480 ✭✭✭TaurenDruid


    For the past few months, SF, SDs and PBP TDs have talked of rip-off rent hikes in the dail, accusing landlords of being responsible for homelessness and organising protests for more rent controls.

    They'd be right, though?

    https://www.irishtimes.com/business/2025/07/04/irish-rents-rise-by-115-since-2010-more-than-four-times-eu-average/

    I mean, the headline says it all.

    That's miles ahead of the rate of inflation, and RPZs are in place for the last few years, too!

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


    I think this points to income inequality more than anything else.

    Many people can afford the high rents. The landlord cant charge a price that people cant pay.

    It has been said many times on this thread but if we are to increase housing output to 50k units per year, we have to incentivise private investment which means removing or at least heavily reducing rent caps.

    If we arent going to incentivise private investment then the state needs to step in and roll out a large scale building programme.

    We should be doing both of these things and we are doing neither.



  • Registered Users, Registered Users 2 Posts: 2,098 ✭✭✭PeadarCo


    2010 was the height of the last crash, an era of ghost estates and when landlords were struggling to rent out property(very strange looking back at that era now). 2010 rents were unnaturally low due to the banking crash and the economic down turn associated. It's not a fair comparison.

    It would be interesting to see how they calculated the current rent cost. Re RPZ, they have only impacted existing tenants/properties and not any new property brought to the market. Also due to RPZs landlords are incentivised to charge the most they can on any new properties coming to the market as after that are locked into 2% increases. Falling out from that long term tenants have little incentive to move unless buying as they will likely face very large increases if they move. So we don't know the average rent paid by tenant's, only what's advertised. As tenants are less likely to move around, a lot of properties advertised will be new and as already mentioned will charge very large amounts.

    Also we know the number of recorded tenancies are dropping. If tenants were being ripped off why are landlords leaving the market? From the sound of things both landlords and tenants feel they are being ripped off. That's a massive market and political failure.

    Edit - just to clarify I agree that rental asking prices are high, but that makes the regulations (not just the recent changes) around the residential market even worse when for a decade now landlords have been leaving despite ever increasing rent prices.



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


    Yep. We have a situation where both landlords and tenants are not happy with the situation.

    The inconvenient truth is that the only way out of this is more supply and we cant have more supply unless we get rid of the rent caps and the govt starts to build social and affordable housing at scale.

    Neither of these things are happening and so rent prices are going to go up and supply is going to reduce even further, as small landlords leave the market and dont get replaced.



  • Registered Users, Registered Users 2 Posts: 1,552 ✭✭✭csirl


    The issue is that long term social housing has been forced on the private market and is starting to devour it as follows:

    Most house sales are to local authorities and AHBs.

    The various rules imposed on the private rental market have their origins in how social housing tenants were traditionally treated by local authoritie i.e artificially low rents, impossible to evict, forever homes rather than a short number of years.



  • Registered Users, Registered Users 2, Paid Member Posts: 4,480 ✭✭✭TaurenDruid


    2010 was the height of the last crash, an era of ghost estates and when landlords were struggling to rent out property(very strange looking back at that era now). 2010 rents were unnaturally low due to the banking crash and the economic down turn associated. It's not a fair comparison.

    What? The headline was "Irish rents rise by 115% since 2010 - more than four times EU average". The article compares rental price increases across the EU. The average increase in the EU is a quarter of the increase here - that's the bottom line! It's a fair comparison.

    Yes, there are (and were) different economies across the EU, but there were (and are) basket case economies as well as those who rode out the banking crash relatively painlessly.

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  • Registered Users, Registered Users 2 Posts: 325 ✭✭MadeInKerry




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  • Registered Users, Registered Users 2 Posts: 16,973 ✭✭✭✭Flinty997


    So you think it would be better just to get NoT with no warning. It's that not also scummy.



  • Registered Users, Registered Users 2 Posts: 16,973 ✭✭✭✭Flinty997


    "…The population grew from roughly 4.5 million in 2010 to over 5.38 million by 2024…"

    That's 7 times the EU average.

    Peak housing completions in 2006 were 90k. It was 30k in 2024 and 14k in 2010.

    Peak social housing completions was 1975 and 2023, the Government built 8,110 units of social housing, the highest number since 1975.

    But yes landlords…



  • Registered Users, Registered Users 2, Paid Member Posts: 4,480 ✭✭✭TaurenDruid


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


    Right about what - that landlords are responsible for homelessness? Afaik, it’s the state that’s responsible for housing citizens who can’t afford to buy or rent privately, that’s why we have social housing. Unless you believe that one group of citizens have a duty or an obligation to take on that role instead of the state?



  • Registered Users, Registered Users 2 Posts: 16,973 ✭✭✭✭Flinty997


    Govt collapses social housing. Then collapses private rental market trying fix the first problem they caused. Then deflects all the blame on landlords. Which causes an them to leave the market.

    People still can't see the govt behind it all.



  • Registered Users, Registered Users 2 Posts: 2,218 ✭✭✭SupaCat95


    And now fast forward to the compulsary purchase order act which is obvious solution to be presented. People are so short sighted that they cannot see this coming.



  • Registered Users, Registered Users 2 Posts: 325 ✭✭MadeInKerry




  • Registered Users, Registered Users 2 Posts: 325 ✭✭MadeInKerry


    Social housing is now provided by private citizens. They take on all the risk and all the expense now.



  • Registered Users, Registered Users 2, Paid Member Posts: 4,480 ✭✭✭TaurenDruid


    The rip-off rent hikes, mrslancaster. 115% since 2010? More than 4 times the EU average? That's what they're right about. And there's no denying it.

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  • Registered Users, Registered Users 2, Paid Member Posts: 4,480 ✭✭✭TaurenDruid


    Yes, and? It's a 350% increase since 1990. What's your point?

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