‘Landlords are petrified’: Property owners’ perspective on the rental crisis

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Tenant rights, caps on rent and investment yields appear to be forcing landlords out

A report in July from the Residential Tenancies Board showed the number of tenancies registered with it peaked in 2016, at 319, 822, and has since been falling, with a drop of almost 22,000 between the end of 2016 and the end of last year. Photograph: Nick Bradshaw

Government policy on residential tenancies is driving traditional landlords out of the business, according to long-term landlord, who owns apartments in south Dublin as well as in Manchester and other northern English cities. The tax treatment of landlords is “bizarre” and changes to the law on the rights of tenants are being introduced without the position of landlords being taken into account, he says.

 

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This was from 2016 … rent have significantly increased since.

Then DON'T take on rental properties if you can't manage THEM properly, FFS.

That’s a different matter. It’s written by a journalist & it quotes some landlords’ opinions. Whether or not I agree with the landlords’ assessment is one thing but I want to see differing arguments on housing like this in the paper of record and then refute them, as necessary.

Remember that news story about the guy who hoarded a load of handsantiser in hopes to price gouge during a public health crisis? Yeah didnt feel sorry for him either. I tend to have little sympathy for people who hoard resources, exploit needs of their community during a crisis.

How do the writes sit down at the IT and come up with this? What planet are you living on? Rents have doubled for tenants in Dublin in the last two years.

unlike chip shop owners (who provide society with a service) landlords actually take from those who provide to society by leeching off peoples' right/expectation of housing

The Irish Times being the Irish Times.

Hahahaha good one!

Yep. There are better investments out there...

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