I have a nice apartment in a very desirable area that will rent in a heartbeat.
I haven't raised the rent since 2008, and property was last rented at 40% below market rate. I've never been interested in getting the most rent possible.
Last tenant just abandoned the property without notice owing 4 months rent and has left the place in such a state that the kitchen and bathroom had to be entirely torn out and rebuilt from the studs out.
Living room floor so damaged it has to be replaced.
Kitchen appliances destroyed or missing.
Entire apartment needs to be completely repainted.
With the unpaid rent and repairs I'm out of pocket approx 17k euro, and no hope of reimbursement.
He had been there for 3 years with relatively few issues.
Place will be refurbed by end of September and is going on Air BnB, where 120 days a year occupancy will net me more than renting.
If the government restricts short term rentals then I'll just keep it empty and use it as a holiday home.
I'm sure I'm like many others who are sick of having zero property rights over their own property.