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28-11-2019, 21:44   #16
Ronaldinho
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Food is also a special case - we all need to eat. Lets go to Tesco and tell them to stop making money out of our basic right to eat.

If you genuinely want to reduce rents, provide quickie evictions for any tenant with 3 months arears, or proof of antisocial behaviour.
Well to expand on your analogy, then we have a famine in the Irish property market and a lot of opportunistic landlords are taking advantage of others' misfortune.
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28-11-2019, 21:50   #17
nox001
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Housing is a special case though. We all need to live somewhere. It's not something any of us can really do without - although obviously some do....
It’s not a special case, that’s far left rubbish.

A private LL is selling a service the same as any other business and if they aren’t maximising their income they aren’t running their business correctly.

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Well to expand on your analogy, then we have a famine in the Irish property market and a lot of opportunistic landlords are taking advantage of others' misfortune.
The only reason shops don’t charge for more for their food is competition simple as that. When their is a shortage of something shops up their prices because they can.
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28-11-2019, 22:14   #18
Thargor
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Hopefully the vote of no confidence in the housing minister wil go through and collapse the government, it might shake the cobwebs in their brains a bit, slim chance though.
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29-11-2019, 08:16   #19
DubCount
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Hopefully the vote of no confidence in the housing minister wil go through and collapse the government, it might shake the cobwebs in their brains a bit, slim chance though.
Unfortunately, I believe no change in Housing Minister, and no change in government, will make any difference. All our politicians, from all parties and all sides, do not have the spine to do what needs to be done because its unpopular.

You have to ask yourself, while property prices are stable/falling slightly, and while rents are increasing, why are there fewer landlords at the end of the year than the beginning, and fewer properties to rent? Why are the greedy landlords leaving when they should be making pots of money by exploiting the super profits everyone thinks they are making? The answer is, there are many easier ways to make more money with less risk.

If you want the government to get back into the direct provision of social housing, this will cost money - higher taxes for everyone (not just the rich, which some politicians will try to make you believe).

If you want to make evictions easier, this means (at least in short term) an increase in the "homeless" figures.

If you give tax breaks for landlords, you are feeding the fat cats on the backs of the poor workers etc.
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29-11-2019, 08:44   #20
Dav010
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Well to expand on your analogy, then we have a famine in the Irish property market and a lot of opportunistic landlords are taking advantage of others' misfortune.
Using your analogy, we had a feast of properties and a famine of tenants during the recession when market forces meant rents were driven downward, was that also wrong?, should rents have stayed as they were and do you consider tenants greedy by taking advantage of the situation at that time to request/demand lower rents?

It is hypocritical to demand lower rents when markets favour it, then complain about rises when the market favours it.

Last edited by Dav010; 29-11-2019 at 08:50.
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29-11-2019, 09:16   #21
Edgware
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Well to expand on your analogy, then we have a famine in the Irish property market and a lot of opportunistic landlords are taking advantage of others' misfortune.
Maybe the Government will reveal how much tax is paid by landlords from rental income.
I'm sure it must be 35 to 45 per cent of the rent taken in.
One way to increase supply ( and therefore control rents) is to ease the tax burden.
Renting unfurnished properties is a good idea. Tenants are more likely to stay longer, they can invest in their own appliances, furniture etc. At the end of tenancy just return a clean property with no arguments abut wear and tear etc. Also have the deposit held in an escrow type account
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29-11-2019, 09:39   #22
beauf
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Well to expand on your analogy, then we have a famine in the Irish property market and a lot of opportunistic landlords are taking advantage of others' misfortune.
What you have is the govt stops growing cheap food and providing it to those less well off. Starts buying expensive good instead. At the same time imports loads more people who need food. Increases costs to those providing cheaper food, and decreases the cost for those companies providing the most expensive food.

After all that the one group you're not blaming is the govt.

One common issue across Europe was a similar policy of reducing the supply of govt provided housing. A couple of decades later and we have housing crisis across Europe. Probably coincidence....
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29-11-2019, 09:43   #23
beauf
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Housing crisis will not charge until there is a change in govts to one that has a different focus. The inequality in Irish society has for the first time started to get worse. The gap between poor and rich is widening and more people are less well off. The well off are fewer but richer.
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29-11-2019, 09:49   #24
Sheepdish1
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When will rent prices stop going up? How can people pay €2000 for a tiny place?
It won’t stop anytime soon. There is simply not enough houses for people to buy and a lot of them even on commuter belts are now out of reach to buy for many people.

To make things worse Cuckoo funds are buying up housing being built and will charge extortionate rent rates as they are in this business to make money. A Cuckoo fund has just been sold 150 houses in Maynooth in an estate where many families would have being trying to buy.

That’s 150 more houses out of reach for families that can’t compete with this level of wealth, they paid 53 million.

That’s 150 more houses that will be put on the market are extortionate rent that desperate people will have to buy. Eoin Murphy and Leo Varadkar should resign, this is the worst housing crisis the country has ever seen and once again the wealthy are benefiting to the expense of working families
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29-11-2019, 10:30   #25
beauf
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Well to expand on your analogy, then we have a famine in the Irish property market and a lot of opportunistic landlords are taking advantage of others' misfortune.
70% of Landlords have one property. Is you wanted to take advantage of the situation, having only one property is not the way to do it.

LL with more than 200 properties increased their numbers of properties by 10% in 2018.
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29-11-2019, 10:41   #26
nox001
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It won’t stop anytime soon. There is simply not enough houses for people to buy and a lot of them even on commuter belts are now out of reach to buy for many people.

To make things worse Cuckoo funds are buying up housing being built and will charge extortionate rent rates as they are in this business to make money. A Cuckoo fund has just been sold 150 houses in Maynooth in an estate where many families would have being trying to buy.

That’s 150 more houses out of reach for families that can’t compete with this level of wealth, they paid 53 million.

That’s 150 more houses that will be put on the market are extortionate rent that desperate people will have to buy. Eoin Murphy and Leo Varadkar should resign, this is the worst housing crisis the country has ever seen and once again the wealthy are benefiting to the expense of working families
If your figures are correct that’s an average of 350k per house which isn’t outlandish by any means. That’s an average also so for sure there would have been houses cheaper on the estate too.

I’m not sure how you would propose to stop a person selling to the buyer that they want to sell to, we aren’t a communist country.
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29-11-2019, 11:38   #27
Sussy
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So we just wait for the election and hope the next government will do better.
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29-11-2019, 11:43   #28
nox001
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So we just wait for the election and hope the next government will do better.
The government should not be interfering in business of private rentals so I hope you aren’t suggesting they should.
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29-11-2019, 11:44   #29
Ray Palmer
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I'd be delighted to offer a discount on the rent for a German style letting of the shell someone commits to renting for ten years or whatever.
As pointed out you can't do that in Ireland due to rental standards here.

The regulations here make it more expensive to provide rentals here and build them. You can't have shared heating system , washing machines, water etc...

Properties rented in Germany,Spain, Italy, France etc... would be illegal here.

Very simply it is more expensive and higher risk to provide rental accommodation in Ireland. Rents reflect this. You want cheaper rent reduce the cost and risk to landlords. Basic economic of supply and demand
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29-11-2019, 12:09   #30
Assetbacked
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Housing crisis will not charge until there is a change in govts to one that has a different focus. The inequality in Irish society has for the first time started to get worse. The gap between poor and rich is widening and more people are less well off. The well off are fewer but richer.
The well off in Irish society are those who own property. For people to have extra cash in their pocket from their salary each month as a result of not having to pay so much for somewhere to live, this is better for society as the cash would be spread around different sectors rather than having one sector hoover up that cash.

We need to get to a point where it is possible to rent something really cheap for oneself, if desired, for the good of the social and emotional health of society. Then people can pay more for a better quality of place. This demands that property and land prices plummet.
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