Originally Posted by TheChizler
When were rent and charges significantly lower? Or when were the rules that are commonly complained about substantially different? Apart from the RPZ rules which came in after market rents had jumped significantly, there haven't been major changes in recent years IMO.
It isn't a matter of opinion it fact that PRSI and USC were added to rental income. So that is 10% in the last 3 years. On top of the LPT and PRTB charges. In case you don't know insurance has also gone up.
To recoup a €1 decrease is at least €2.20 increase in rent required due to tax. Again you ignored the losses made when rent dropped which tenants broke leases to get but their is no repercussions for the tenant but a landlord can be fined if they do.
Landlords are worse off with the higher rents due to increases in costs, charges and tax is a fact