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Landlords selling 2026

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Comments

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


    Large landlords are likely to try to sell and evict because they don't like being stuck under the old rules and would prefer to have the regular market resets that the new rules allow. While we don't know the full reason for the Limerick evictions, this is likely to be the case. The only way they can move to the new rules is by evicting and buying elsewhere.

    The Government should probably have automatically moved all long-standing tenants over to the reformed rules, and this would have prevented these evictions although there would have been protests from opposition parties who don't like the market-reset aspect of the new rules.

    Post edited by Emblematic on


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




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


    Sarcasm. They used to claim large landlords would bring professionalism to the market and it's was small landlords causing all the problems. It's ironic to see them now complaining about large landlords.



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




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


    Why are you targetting large landlords only. The 30pc decrease in total rental stock over the past 10 years begs to differ that its only large landlords leaving.

    Did you not say earlier in the thread that you were fine with landlords leaving as then people looking for a ppr could then live there. your thought process is all over the place.

    Let me guess as well. With your latest proposal, landlords would be stuck in under market rates, unable to reset to market rate, now unable to sell the property either as there is no new landlords entering let alone willing to buy a place with severely under marketed rent. That isnt one sided at all…

    Have you made a single comment on this thread that is not heavily biased towards tenants - Genuine question.

    Like i will actively acknowledge that rents are too high but trying to force landlords to stay in the market based on what you are now saying or blocking landlords from making the rental market viable by allowing free market rates will not lead to a healthier market.

    Can you answer one question. we have 80-90k less tenancies over the past 10 years. Do you think the latest medalling will create more rental supply or increase it. Do you have any proposal that is positive for landlords that might encourage them to stay or even enter?



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


    Large landlords leaving too

    14 families in Ballybane served with eviction notices

    20 families face eviction from Limerick apartment block


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


    Maybe the owners want to leave because the rules keep changing - is there any other sector that’s had so many regulatory changes? Any small or medium landlord looking at the past ten years must be jittery because they don’t know what might come next.
    Selling up just to buy elsewhere in order to charge market rents doesn’t really add up. First, it would incur significant legal and buying costs, then rent for any new tenancy would be controlled, either by the RTB’s historical rent register or the last RPZ rent if there was a no-fault termination. A landlord can’t just pick any amount they want from the air, even if they bought an existing block that was tenant-free for two years or a new block of apartments, all new rents must link to the RTB register. Also, the only tenancies that do not have rent caps will be new build apartments which favours corporate landlords. It’s not surprising that small and medium landlords are leaving.



  • Registered Users, Registered Users 2 Posts: 5,046 ✭✭✭Villa05


    Maybe we are at or very close to the peak of the cycle and the rent rules are a convenient exit strategy/excuse. I thought the new rules were an improvement on what existed before for landlords.

    We are 13 years into significant price and rent appreciation. Cashing out seems logical



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


    Helping my brother decide to sell his rental property or not, what finally pushed him over the edge was that the new rules made him sit down and workout out exactly where he stood. He decided that he was going to cash in and have no risk of bad tenants or more bad rules which might result in him losing money or not being able to exit. He took what we think could be his last safe exit ramp. Dont think he is the only one who has been thinking about this. I dont know anyone who will go into a new tenancy under the new rules. Anyone who has sat down and done the maths and assessed the risk/reward will exit as soon as their current tenants leave. Some will not wait and ask their current tenant to leave just to exit before the rules change again. Its a total mess to be honest.

    Its definitely not an improvement when you have to lock up your investment for 6 years with only 2% per year. One bad renter or one bad issue that needs to be fixed immediately puts you at a loss for the entire 6 years. Thats not an investment. Thats an out and out gamble. So I think what we are seeing now is that the gamblers might stay put, but the ones who work out the risk/reward in cold hard figures are leaving.



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


    Yes this spot on from an investment point of view. There's a huge risk v reward imbalance for a small private rental property owner, it's basically just not worth it.

    The haters of rental property owners bang on about high rip-off rents, but if that was the case why are so many leaving?

    Rents are definitely too high, but it's market driven, not "de greedy landlords".

    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: 1,433 ✭✭✭Iscreamkone


    With landlords exiting in droves, guess what is going to happen to rents? 📈

    Tenants will be slow to move as the same rental down the road will be an extortionate price - so there will be very little movement in a shrinking market.

    Tenants won’t be happy with rental choice or price.



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


    If you have to provide a power line for a milking parlour, then it is easy to provide a powerline for the house. You also may not understand that it takes a family to run a farm. Also there is protection in numbers from people that come at night …….. need I say more?. They took my dog and tried to hitch up our trailer. There are loads of great arguements for people living in the country. Which is why we need to relax our planning laws.



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


    The vast majority of people building one off housing are not farming.



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


    That is very true. The Donegal landscape is distroyed due to slack planning. I live in the countryside myself and have farming connections so i can see it from both sides. There needs to be a fair balance just like there needs to be a fair balance with the laws for landlords and tenants.



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


    I thought the new rules were an improvement on what existed before for landlords.

    The new rules will suit some people but the problem is that it’s a compulsory six years but only for the landlord. There should only be a compulsory duration when it applies to both parties who have freely signed up to it. Adults are quite capable of deciding on the length of time they want to sign up for a rental just like any other contract.

    If it suits both sides to sign a lease for 6 to 20+ years, let them at it but maybe make it compulsory that both sides had legal advice before contracts are finalised so everyone is clear from the start. That type of long-term lease would suit corporate landlords and individuals who know they want to live in a specific place for the next 6 to 20+ years.

    Other people need shorter, flexible accommodation. Let both parties agree the term - whatever duration between 1 to 5 years - but make it compulsory that both sides comply with the lease duration, conditions and regulations.

    Instead of splitting landlords into small and large categories based on the number of tenancies, imo it would have been better to split them on the length of the tenancy ie 1 - 5 years, or 6 + years. And then let the adults - both landlords and tenants - choose what works best for their individual needs.



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


    Don’t worry many rural areas are about to be carpet bombed with solar panel fields and battery storage industrial estates, we be here in few years asking who gave permission for that, hundreds of acres near me of top quality Argi land being converted to industrial estates



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


    I love Cher, she was once asked about plastic surgery and she said "If I want to put my tits on my back that is my business". If a citizen with private property want to build on their property, as long as it does not impinge on anyone else rights, I am fine with that. An Taisce and local government have gone nuts on red tape and environmental planning. It is making the country unlivable to be in. I currently wish to flatten a "listed" building that is old but the cost of maintaining is going through the roof with lime mortar and other aspects. There is a time to build and a time to knock.



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


    Donegal is not destroy from planning, it is destroyed by pyrite. Everyone is guilty from quarrymen, builders, planning, politicians and council members. They were all in on it.



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


    They'll build some fugly mansion in the middle of nowhere then want water, power transport, schools, a train and EV charging. An a motorway to drive to Dublin.

    You're sawing the branch you're standing on.

    Have you seen the state of Cher. You want to permission to build a property that looks like Cher. The aesthetically challenged should not be allowed to make the country look like mafia graveyard.



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


    Sure. Build on that flood plain, it's only going to waste. No reason not to have lots of one-off houses along every road in the country. No regular bus service for every road, obviously, could ever be put in place, but we can all have cars. Two per household.

    The taxpayers can foot the bill for having to connect up every ribbon-development house to mains, water and sewage, sure you're entitled! And don't forget to look for compensation from the government when the house built on a flood plain beside a river floods yet again and you couldn't get insurance…

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


    Farming isn't viable due to globalisation and big supermarkets. Many farms more than ever before are part-time, or the land rented out. Ireland imports about 80% of it's food.

    The about of one off housing in rural areas is staggering.



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


    wrong. It very much was destroyed by slack planning. Also the county has a Mica problem a bit similar to pyrite and this problem, I myself have property affected by pyrite in Dublin. To say that builders, politicians, and council members were all in on it sounds like they all set out to build houses knowing they would fall down is not very sensible.



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


    I also like Cher and if she wanted to put tits on her back then off with her, However there is no connection there with planning laws. Planning laws affect lots of people not just the property owner, And listed building are very important to keep for future generations, Granted i will agree some are probably better off to be knocked but that decision should not be made by the property owner alone.



  • Registered Users, Registered Users 2, Paid Member Posts: 22,095 ✭✭✭✭Bass Reeves


    I would not so much say they were all in it. However there is certainly an amount of blame to be attached to those in the construction industry up there. There was two different rates for chasing houses up. there. It was known the mica blocks were very soft. Now everyone building a house or using any concrete product is paying a levy because of what went on up there.

    The Joke was you could chase the houses with a spoon

    Slava Ukrainii



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


    Apply a bit of common sense there. If yiu are local you know where those flood plains are. Also the goverment dont to enough waterways maintenance since the foundation of the state. Whats wrong with having a car? I am a firm believer in smaller government. Many rural house holders have and maintain their own wells. Every house in the country has its own septic tanks. Taxpayer doesnt pay for electricity to be connected, that is paid for by the customer.



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


    The planning was fine it was the Mica/pyrite that made the blocks crumble. Now who is being naive? There is no connection between builders and politicians? We had a county council engineer dismissed about 25 years ago because he refused to sign he would not do consultancy work out of hours. Corruption in this country is unreal.



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


    Pick two: good cheap or fast.

    Good and fast aint cheap

    Good and cheap aint fast

    Cheap and fast aint good



  • Registered Users, Registered Users 2, Paid Member Posts: 22,095 ✭✭✭✭Bass Reeves


    I self build a house in 1991. I git warned about one block and ready mix provider, there price was 15% cheaper than the other suppliers. I was told there blocks were soft and crumbled easy. I do not think mica or pyrite was the issue, they were using a poor quality gravel and a bit tight with the cement. Ver few small one off builders would buy off them

    Slava Ukrainii



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


    You are getting all mixed up there. The Donegal landscape is ruined due to poor planning and houses fired up all over the place with little thought given to the landscape. The Mica matter is a different matter. And again Pyrite and Mica are two different things. I am not sure why you would say i am naive!



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


    So not only are small private rental providers to blame for the rental issues, but also people who build one off houses.. have I got that right? 😉

    As the Beatles would say .. Back in the USSR!

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



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