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Landlords selling 2026

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Comments

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


    My point is that you can pick whatever year suits the headline you want. Do you disagree?



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


    Seems reasonable. And I'm sure you'd agree that when you factor in the economic outlook at the time, the rate of inflation, and general wage increases, rents still rose out of proportion to everything else.

    You'd presumably also agree that an increase in rental prices like we've seen over the last few years, that's more than double the rate of inflation - despite the existence of RPZs - is also evidence of rip-off rent hikes?

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


    You are so full of it :) You take nothing on board at all and have a bee in your bonnet.



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




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




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  • Registered Users, Registered Users 2, Paid Member Posts: 22,102 ✭✭✭✭Bass Reeves


    In 1990 If yoou had an electric or plumbing issue you get a tradesman for 35-40 euro today its about 150 euro.

    A LL.in 1990 was better off with 600 month probably with limited tax obligations to a lad getting 2k now.

    Its like Donald Trumps tarriffs the consumer pays for the extra costs....…that if you can rise th rents which many cannot

    Slava Ukrainii



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


    Perhaps the increase of rents greater than inflation is simply the departure from the market of landlords who'd been locked into below market rents.

    Chopping the lower tail off any distribution will shift the average up.



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


    No point comparing Ireland to eu unless it’s like for like.

    Irelands taxation and laws around the rental sector is very different.

    How has house sales compared against Europe as this is directly related. If the cost of a house is higher. To rent should also be relative higher


    what is population growth like in these comparisons.


    I guess the fact that the government have caused a 30pc decline in overall rental stock should also have no bearing either.



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


    No, I don't think notices of termination are an issue if the rules are followed. They are in themselves advance notice of the end of a tenancy.

    What I think is problematic is if you warn a large group of tenants that if you don't get your own way in a debate about future tenancies (not affecting those you have warned) you will issue termination notices. Here the landlord is attempting to rope in people who have nothing to do with his quarrel with the government. He is taking advantage of their desire to keep their homes.

    None of this is to say that he did anything illegal. Just that the ethics of it are questionable.



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


    These are rental properties we are talking about? have they had a return of 4000% since 1990? that is the increase in a mutual fund since that time. Of course there are a lot less headaches and less labour involved in the stocks, but that is what they are, an investment vehicle.



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


    Most properties in Ireland are rented fully furnished. Irish houses are of a much higher standard than many European houses. The interventions by the government have lots of regulations that are not applied in other countries, they are also not applied in private houses in Ireland, this needs to be reflected in the rent that is charged. In 1990, I could rent a bedsit for 20 punt, it barely had running water in the bathroom.

    Now the government inspect every rental, they expect alterations done, the price of labour and materials is much higher in Ireland than most other countries in Europe.

    We now have to provide a BER, this is going to cost e350 for every property, where do you think this money comes from? RTB fee, where does that money come from?

    Ive managed all of my properties on my own up until now, and rented for below market, I've been stung too many times by tenants and government, and there is too much paperwork and red tape, now I am handing over my properties one y one to a property manager, he will be charging max rent, and will be taking 10% plus vat, I will still be better off than I am now, trying to give discounts, as a bleeding heart, only to have my a$$ handed to me by the government and a kick in the head from the tenants- I'll be happy out collecting more money and let the government lay it on, if it's a business model they want, it's a business model they will get.



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


    Why would I, or why would I need a time a machine? I don't rent. I had an apartment, I bought a house, I rented out the apartment, for the going rate, decided I hated being a landlord (despite model tenants), and sold up when their lease was up. Decades ago.

    The bottom line, which neither you nor @MadeInKerry seem willing to acknowledge or accept, is that over the last three+ decades at least, rental income and the increases to it has beaten inflation by a fair whack, almost every single year. And at the end of it, LLs have a tangible asset.

    Which is fine. But at least admit it, ffs.

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


    Landlord isn't going to change any rule by roping anyone in on anything. Complete fantasy narrative on your part.

    If terminations are part of the official rules how can they be unethical. Makes no sense.

    It's unlikely a large landlord needs the money. But he's allowed to quit his business. If the argument is homes aren't a business. You need to get the govt to stop outsourcing it to a business.



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


    The bottom line is the "private" rental runs on market economy. Supply and demand. The Landlord has no effect either. It's a business.

    If it's fine what are you complaining about.

    You need a time machine to ignore the time and context which this is happening. Which you are doing at least admit that.

    What's the issue with having an asset, owning something.



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


    It's got nothing to do with landlords. It's too much demand not enough supply. Govt is fueling demand and not creating supply.



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


    A lot of people just have a problem with landlords. I don’t get how so many people think letting a property is some kind of altruistic act and landlords should operate their business differently to every other business activity in the state. Looking at any other sector and comparing prices preCT and now, it’s easy to see that all prices increased hugely. Also, the price of anything in Ireland is much higher when compared to the same thing in most EU countries because earnings are higher here, there’s constant discussion on the price of energy, we have the highest electricity and gas prices in the EU. But landlords are always at fault. 🤷‍♀️



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




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


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


    Can't believe some idiots are STILL blaming the small, private rental property providers for the shortage in the market, despite all the evidence to the contrary.

    You really want to have some level of hate for them to continue with that narrative.

    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: 1,433 ✭✭✭Iscreamkone


    The anti landlord narrative is off the charts here in Ireland.
    eg. The government pushing legislation to ban sex-for-rent is solely to demonise landlords.
    There is no push to ban sex-for-diesel, or sex-for-mars bars.

    ‘Vulture’ funds invest legally in the buy-to-let market. Do we demonise investors in any other sector?

    Imagine the reaction at a party when asked what you do - if you say that you’re a landlord.


    Landlords have taken a kicking from the banks, governments and the general public over the past 15 years. Good luck to those who have had enough and want out.



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


    ”The anti landlord narrative is off the charts here in Ireland”

    Agree. Is it because of something in the education system?
    It doesn’t seem to register with a lot of people that landlords today are very different to landowners back in famine times but they’re tarred with the same brush. Our education system has indoctrinated successive generations about horrible landowners who turfed tenants out of their homes. We now have strict rental laws, tenants have significant rights, and there’s a major difference between today’s small landlords and the ruling landowners of the past, but landlords are still the reason for housing issues 🙄. It’s bizarre.



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


    eg. The government pushing legislation to ban sex-for-rent is solely to demonise landlords.

    Seriously, did I just read that?! Did you seriously think it was ok to write that?!

    Did it never occur to you that the reason there's a need for legislation to ban sex-for-rent is because some scummy landlords pressure broke tenants into sex?! This is a real, documented thing that's happening. Maybe you think it's ok to exploit vulnerable people, most of us don't, and can recognise that legislation to protect vulnerable people is just that! https://www.nwci.ie/images/uploads/NWC_Sex_For_Rent_Research.pdf

    @mrslancaster - it's commenters like this guy that results in ordinary decent people thinking ill of landlords, even though most are fine.

    @Aidensfield - still not angry, just genuinely incredulous that someone could have such a twisted view on reality and actually think it's ok to write what they did!

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


    “This is a real, documented thing that's happening”

    Hadn’t heard about that but it’s a horrendous way for any landlord to behave. They deserve whatever prosecution they get. (Will read the research linked)



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


    It doesn't really matter why landlords are vilified. The thread is about them leaving the market.



  • Registered Users, Registered Users 2 Posts: 1,433 ✭✭✭Iscreamkone


    Yes - I 100% think it is ok to say that.

    Employers pressure workers into sex. Professors pressure students into sex.

    Do we need separate legislation for every possible area where sex is asked for in exchange for something?

    I believe the sex for rent debate and legislation is 100% to demonise landlords and soften the pitch to introduce more tenant friendly laws.



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


    So many selling up, two rentals in our small estate for sale right now, they had tenants for years. Another neighbour said her landlord is nearing retirement and they were told notice is on the way. Bad situation for the tenant, seems they knew that was the owners plan eventually but it’s happening sooner than expected.
    It can’t be a coincidence that it’s happened now with so many new rules for landlords.



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


    JFC.

    Yes, a minuscule number of employers, or professors, pressure workers or students into sex. It happens. One case is too many - that goes without saying. But the numbers are absolutely tiny compared to the number of tenants pressured into sex by landlords (or their agents), who even go so far as to advertise what they're doing!

    Maybe some landlords need to be **** demonised!

    @Aidensfield - still not angry. Just still incredulous and busy playing the world's smallest violin for the man who thinks he's the victim because banning advertising sex-for-rent is now being discussed!

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


    No normal person would like to see anyone getting away with trying to get sex for rent. So i won't nag you if if you get angry for that one. It would also make my blood boil.



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


    Several people in work have been told by their LL they are selling. So yea it's going to get ugly, but the government had to have foreseen this.



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


    It allows the govt to puchase homes for social housing. This is the only reason i can think of for driving small landlords out of the market.



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