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Landlords selling 2026

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Comments

  • Registered Users, Registered Users 2 Posts: 7,090 ✭✭✭Claw Hammer


    It happens quite a lot. People signing with the non-dominant hand and later saying it is not their signature.



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




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


    Interesting to look at the latest figures released by the RTB a couple of weeks ago.

    image.png

    The number of registered tenancies continued to rise in the last quarter of 2025, despite the announcement of the new rules early in the third quarter.

    image.png

    As a percentage of the total number of private tenancies, evictions dropped in the last quarter and, at 2.1%, was just very slightly above the long-term average of 1.9% (the green line).

    So far as we can tell based on the latest figures, there's been no mass net exodus of rental properties. On the contrary, there has been a net increase in private rentals! The most we can say is that there's been a slight increase in turnover, but again only very slightly above the long-term average.



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


    Emlematic, Still kindly waiting for an update on stats since RPZ were introduced. We have lost a large swath of rentals over the past 10 years. Do you think punishing landlords is good for creating supply.

    Do you consider cost rentals and ahb part of the private rental market given not everyone is entitled to this stock and they have started to count these in prs. 5000 cost rentals were added. If at least these were taken out, we would have a clearer idea of what is happening on the ground.

    7000 unregistered landlords were sent notices as well. I suspect this had a part to play. Given the fact we built over 30k homes last year are any of these going to rentals.

    Given we recently had social tenants up in arms over rent increases all of which are severely off market rate where rent increases might not have happened in decades and can no longer cover maintenance, im not sure its in our best interest to expect these gov related homes to be self sustainable in 50 years time.



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


    There's this one from the CSO based on census results.

    image.png

    I think 2016 was the year the RPZs were introduced, but these don't seem to have had the effect of reducing the number of households renting from private landlords according to the census at least up to 2022 when the last census was taken. On the contrary, the number has increased! And not only has the number increased but the rate of increase has increased!

    Overall, I'm seeing no evidence (apart from anecdotal) that there's been a net exodus of tenancies in the wake of the new rules announcement. I'm seeing only increases. Obviously, there's going to be a few who don't like or understand the new rules and of course they're going to make a lot of noise when they throw their toys out of the pram (like that dodgy case in Wexford), but I don't regard this as substantial evidence.



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  • Registered Users, Registered Users 2 Posts: 1,172 ✭✭✭DubCount


    You always have to look at figures from the RTB with some caution. They always quote "registrations" in their statistics. This includes registrations of Student Specific Accommodation and AHBs as well as private rentals. They like the narrative of "registrations increasing" as this justifies their existence. You wont see them release stats on Private Rental Registrations (separately). Even the introduction of annual registration has impacted on their statistics. They also quote eviction numbers as a % rather than an absolute number. With the number of "registrations" increasing, this masks the actual eviction number trends. Eviction notices also excludes tenancies which end naturally and are not renewed.



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


    You are talking about cost-rental tenancies? Yes, these are included in the figures but remember that only about 5,000 have been delivered by the state since their introduction. I would also argue that these are a good thing as, although they are still expensive by social housing standards, do provide security of tenure to the houshold.

    image.png

    RTB only report cost-rentals for some quarters although I think they will be doing this for every quarter going forward. The orange line is where I have subtracted cost-rentals where they are available. You can see that while this reduces the figures slightly overall, there is still an increase in pure private tenancies in the last quarter of 2025 as with the previous chart.

    Note that non-cost-rental AHB tenancies are not in these figures and nor are student-specific tenancies.

    Again, we're not seeing the mass exodus of tenancies in the latest figures, just a few dodgy characters like the lad in Wexford.

    Post edited by Emblematic on


  • Registered Users, Registered Users 2 Posts: 4,051 ✭✭✭Kaisr Sose


    They have started to include cost rental tenancies in the figures, where previouosly they didn't. These are not the same as standard private rental tenancies and are skewing both the number of tenancies and even more crucially, the market rent register. Cost rental must be a minimum of 25% below market rent and they can be increase by more than 2% if the AHB wants. Including them in the market rent calculator is either a monumental mistake a deliberate ploy to lower private rents.



  • Registered Users, Registered Users 2 Posts: 15,040 ✭✭✭✭Red Silurian


    The number of registered tenancies continued to rise in the last quarter of 2025, despite the announcement of the new rules early in the third quarter.

    New rules don't affect existing tenancies so that's not a major surprise. Fact is that there are more people looking to become landlords. A place to invest a few quid for a few years with a nice return. Even if the price of the home never goes up you are getting money in the form of rent every month. The very smart ones are linking it to their pension and not paying any tax on it



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


    Could I ask you where you are getting this belief that cost-rentals are included in the market rent averages? According to the RTB:

    "From Q2 2024, tenancies identified as Cost Rental tenancies were removed from the Rent Index samples (for both new and existing tenancies) as the Rent Index is designed to measure price developments in the market price private rental sector."

    https://rtb.ie/wp-content/uploads/2026/03/RTB-Rent-Index-Q3-2025-Final-1.pdf

    So the opposite appears to be the case.



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


    I'm not particularly suprised either. But from reading this forum you would get the impression that almost all private landlords have departed the market, when in-fact the number of tenancies is increasing.

    A small reduction in tenancies under the old system might be a good thing in the long run, especially if it is on the basis tenants leaving voluntarily, as this frees up the house for more secure accommodation. In my view a better use of the country's housing stock.



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


    There is great analysis over on ask about money on the rtbs rent calculators and what they include in their stats.

    There is also a comprehensive beat down of the RTBs false reporting too with actual proof of it.

    Some very interesting reading.



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


    This is still a bit anecdotal, I'm afraid: "this other forum has some lads that are making great arguments that we landlords are being hard-done by the nasty state boo hoo!"



  • Registered Users, Registered Users 2 Posts: 15,040 ✭✭✭✭Red Silurian


    I'm not particularly suprised either. But from reading this forum you would get the impression that almost all private landlords have departed the market, when in-fact the number of tenancies is increasing.

    There's a lot of landlords on this forum and that narrative suits them. It's like the landlord in Wexford who issued eviction notices to 36 homes because of the new rules. Of course the new rules don't affect existing rentals so it was of course all bullshit. But it helped to drive the narrative that they wanted

    A small reduction in tenancies under the old system might be a good thing in the long run, especially if it is on the basis tenants leaving voluntarily, as this frees up the house for more secure accommodation. In my view a better use of the country's housing stock.

    Under the new system there's a 6 year reset. Asking anybody who is buying these days, they generally rent for 3-5 years before buying so having the security of knowing how much you are paying for 6 years is probably about right.



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


    Well its easy to go read it if you are bothered. I cant make you and im certainly not going to take good work from another forum and repeat it when its already there. Up to you. Read or do not.



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


    You're still failing to provide us with links to the particular post you find impressive on that forum, I'm afraid. Post the link here and we'll discuss it. I've got a feeling that when you do point it out, it won't be that impressive, which is why you are not doing it, but let us see.



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


    Just pointing you to some info I thought you might be interested in. Its not hard to find. If you dont want to read it you dont have to. But here ill save you 2 clicks. Now its only one click for you. Knock yourself out, or dont.

    https://www.askaboutmoney.com/forums/the-new-rules-from-1-march-2026.171/



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


    I think the poster on that forum does have a point in that in certain circumstances the RTB calculator will underestimate inflation when CPI data for the end date is not available. It will calculate up to the point it has CPI data which will result in missing a month of CPI growth.

    While the calculator is not perfect, the problem here is not that the calculator is wrong but rather that better instructions need to be given.

    From the instructions for cost rental landlords (but the same principles apply to private landlords in determining inflation for the period):

    https://rtb.ie/renting/setting-reviewing-rent/setting-and-reviewing-rent-in-a-cost-rental-tenancy/

    How rent is set

    Rent for cost rental tenancies is calculated using a specific formula:

    ((A / B) – 1) × C

    A is the Harmonised Index of Consumer Prices (HICP) at the end of the month before the rent is being set or reviewed

    For new tenancies, this is the month before the rent is set.

    For rent reviews, it’s the earlier of:

    The date the rent review notice is signed, or

    The date the new rent is to take effect.

    B is the HICP at the end of the month before the last rent was set

    This could be the original rent set when the property became cost rental, or the amount set during the last review.

    C is the most recent rent amount in euros

    This could be the original rent, or the rent from the last review.

    So to correctly use the calculator, you put in as the start date the end of the month prior to the date of the last rent being set, and for the end date you put in the end of the month prior to the date of the new rent being set. Simples!



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


    I dont think that calculator is a big deal at all. The problem is with the market rent calculator really. Some good stuff over there about why landlords, large and small might want to get out of the property business with the new rules too.



  • Registered Users, Registered Users 2, Paid Member Posts: 22,107 ✭✭✭✭Bass Reeves


    One of the reasons for a seemingly increase in tenancies is the refurbishment grant. I see a few refurbishments by builders and the refurbished property has been rented out to draw the grant. The grant nakes it viable to do up the property and it may ve attractive to a developer, small builder or a property owner to rent rather than sell.tge property especially in lower property value area.

    However some of these may only stay in the rental.sector for 5-6 to secure the grant conditions and under the new rules to churn the property after a 6 year tenancy.

    Sone of these owner may or may not stay longterm. Locally a builder has done it to two tiwn houses that now have HAP tenancies in one anyway, he has started refurbishing a pub next to it ( two units) and an adjacent house another unit

    Slava Ukrainii



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


    I believe both states can be true

    The landlords caught in rent pressure zones are leaving. The landlords that can now charge market rent are entering

    Result

    The properties at 1 to 1.5k rent per month is reducing while the properties at 2 to 3k per month are increasing. The state is the biggest renter in the country using other people's money to drive up those rents



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


    A minute ago, you were using RTB figures, now you are disregarding the historic RTB figures as they dont suit the agenda and using the cso figures. Why not compare like for like as the RTB figures show we have less rentals compared to 10 years. Considerably less rentals..

    The CSO isnt a true reflection on the private rented sector. This includes local authority housing. This is self reported vs legally required landlord compliance.

    Hmm, would you call the following bodies anecdotal - DAFT,Estate agents, ESRI, SCSI. You are cherry picking your data vs looking at the overall picture. If you strip out ahb as these are not private sector rentals and account for landlord compliance figures where 60+percent that were sent letters registered, you will see we have had a decline in supply last. A smaller decline than i would have expected but still a decline.

    https://www.rte.ie/news/2026/0224/1560034-rent-rise-daftie/

    -"The research also found that there were fewer than 1,800 homes available to rent nationwide on 1 February.

    According to Daft, this is down 22% compared to the same date one year ago and is by far the lowest level of availability for this time of year in a series extending back to 2006"

    https://www.irishexaminer.com/business/economy/arid-41815010.html

    -Real estate agents saying landlords make up majority of sales.

    https://irishrealestate.news/landlord-exits-set-to-deepen-irelands-rental-shortage-as-86-of-agents-expect-further-contraction/

    -"The SCSI sentiment index tracking buy-to-let properties coming to market for sale recorded a net balance of +27% in the second half of 2025, signalling a sustained increase in rental properties being sold rather than retained. "

    https://www.esri.ie/publications/the-supply-side-effects-of-rent-controls-evidence-from-ireland

    ESRI:

    -"rent controls are associated with more sale listings and fewer rental listings/registrations. The negative impact of rent controls on room rental listings is, likewise, consistent with market exit rather than simply reduced mobility."

    https://www.independent.ie/business/money/big-jump-in-number-of-eviction-notices-ahead-of-new-rental-rules-coming-in/a1183014686.html

    RTB: Notice to terminate increased by 41pc. These take time to end especially since overholding disputes have also increased. So this time next year we will have a better picture of these figures.

    Do you think all of these are false/anecdotal?

    If rental supply was increasing over the past 10 years, why have rents increased, why are people finding it impossible to get a rentals now vs 10 years ago, it was very easy. Im not sure how active you are in the industry or just doing this based on theory but im sure if you talked to anyone that was looking to rent, they are finding it hard to secure a place or the rent is very expensive. Both indicators of a not so healthy market where supply isnt increasing.



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


    If rental supply was increasing over the past 10 years, why have rents increased, why are people finding it impossible to get a rentals now vs 10 years ago, it was very easy. 

    Because while rental supply was increasing over the past 10 years, it did not keep pace with population growth over the last 10 years.

    Ten years ago, the population was 4.76 million. It's now 5.35 million. If the population is growing by, on average, 59,000 people a year and we built less than 30,000 homes per year over the past 10 years - guess what happens?

    ===
    boards.ie default cookie settings now include "legitimate interest" for >200 companies, unless you specifically opted out!



  • Registered Users, Registered Users 2 Posts: 2,471 ✭✭✭mrslancaster


    And yet I constantly hear and read (particularly on some other threads) that immigration (which accounts for the rapid increase in population) has nothing to do with the problems in finding accommodation to rent or buy plus difficulties in accessing a myriad of other services.

    Maybe the penny is finally dropping 🤔

    Post edited by mrslancaster on


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


    Everything i quoted indicates supply has decreased from several official bodies. I already outlined why the cso figures are not perfect. I agree demand has for sure increased as well but supply has also decreased at the same time offering a perfect storm.



  • Registered Users, Registered Users 2 Posts: 4,051 ✭✭✭Kaisr Sose


    That's RTB misrepresentation. There are cost rental properties in the rent register. As per @MadeInKerry , go to the thread they linked. There was a real example given where a load of tenancies, with the same start date/renewal date/rent amount, in the same development, which happens to be a Cost Rental one.

    The RTB are gerrymandering/ misrepresentating the figures or just lieing about tenancies increasing in real terms (supply). Of course they will when you add in properties that were outside the scope before).

    The whole RTB/government stance on supply increasing is a Comical Ali / PR narrative.



  • Registered Users, Registered Users 2 Posts: 7,090 ✭✭✭Claw Hammer


    There are unregistered properties being brought into the net constantly. These are counted as increases in the number of tenancies. They are not. An increase in the number of registrations does not mean there are more tenancies, it just means more non-compliant landlords were caught!



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


    "Everything i quoted indicates supply has decreased from several official bodies."

    Except the figures that show number of rental tenancies is increasing.



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


    Yes, you have use different sources for different date ranges. For example, earlier figures from RTB did not subtract tenancies when they left the market, they only recorded tenancies as they were added.
    On the CSO figures. I'm not saying they are perfect but you are incorrect about them including public housing. Public housing households are recorded separately.

    image.png

    On some of the other points, I think you may be mistaking properties currently on the market for rent looking for tenants with rental stock. You have to remember that the population is increasing very rapidly due to Ireland's migration policy and therefore rentals do not stay advertised for very long. But this is not the the same as saying that the number of private rental households in Ireland is reducing.



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


    I have already outlined why it might show as increasing. As others have mentioned, you can also see on askaboutmoney how these figures provide false sense of registration increases. The RTB pointed towards extra compliance with registrations. This means that there is some rentals not accounted for in the past that are now registered. This does not mean we have more rentals but simply they were caught and forced to register. Given the fact we are building circa 30k houses per year at the moment, if supply isnt decreasing, surely at least 10pc of the new housing completions would be allocated to PRS and would be causing it to go up by a few k per year. Instead we are seeing it flatline at best including ahb and rentals being forced to register. As mentioned already, the evictions will take time to go through, tenants have 6 months or potentially more before we see the real picture. it will probably be march or even the quarter after it next year before we really see the true picture. All the rentals leaving will also be the properties with the cheapest rents while the ones that enter will be top dollar due to the way the government have orchestrated this.

    The RTB figure also illustrates that over the past 10 years, there has been a drop in total rental supply.

    I was wrong about local authority housing. you were correct for this. I still dont trust this however as literally every other industry group advises that supply has decreased.

    "I think you may be mistaking properties currently on the market for rent looking for tenants with rental stock" > what does this mean?

    So do you think estate agents, ESRI, Irelands own housing agency,SCSI are all wrong?



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