There will be one mad exodus for the door by Mom and Pop landlords in that scenario exacerbating the current exodusThis is only step 1. The “moratorium” will be extended in April as it will be politically difficult not to do so. Government will roll the dice on a constitutional challenge. By the time this makes it way through courts, SF will be in power and running a referendum on right to housing…..paving pathway to permanent tenancy. This is how this is going to play out.
That’s me kid!That's classy, says a lot about your attitude to other people.
My mortgage interest will have gone up over 2500 euro a year it the ECB increases rates as predicted by the end of the year. My property is below market rent by about 40% (didn't increase rent for years cause tenants were excellent). Paying for this now of course.That’s me kid!
Rent controls + high inflation + permanent tenancy = cantankerous landlord!
And I don’t think this will be just me once the impact of high price inflation on “real” rents becomes more tangible for folks.
Your are experiencing now, what will become the norm for all landlords in a few years time…..once the effect of RPZ limits begins to bite. You are a few years ahead as you got locked into below market rents. I can feel your pain.My mortgage interest will have gone up over 2500 euro a year it the ECB increases rates as predicted by the end of the year. My property is below market rent by about 40% (didn't increase rent for years cause tenants were excellent). Paying for this now of course.
So forget about inflation and repairs, maintenance etc increasing in cost, the mortgage interest going thru the roof, I can only increase the rent by 300 euro a year gross and my costs have gone up over 8 times that amount. That's not fair at all and I won't be repairing anything in the house in the urgency that I always prided myself on previously.
I don't even want to charge market rent, but even if instead of 40% under market rent, if I could close the gap to 20% I would be happy. But the RPZ that were meant to be temporary, will never be removed I'd imagine, so I'm left with no option but to sell up and serve notice.
So if you or I book into a fancy hotel a few hours before this kicks in, paying for one night, we can stay as long as we like until the Act expires, without paying a further cent?So the Bill says that all references to a landlord shall be construed to include a licensor and all references to a tenant shall be construed to include a licensee.
But licensors are not required to give their licensees notices of termination so how does that work? What exactly is deferred in that scenario?
Bonkers stuff
Well, no.So if you or I book into a fancy hotel a few hours before this kicks in, paying for one night, we can stay as long as we like until the Act expires, without paying a further cent?
They're making this up on the hoof.
But only in relation to section 37 of the RTA Amendment act of 2019.So the Bill says that all references to a landlord shall be construed to include a licensor and all references to a tenant shall be construed to include a licensee.
in order to mitigate the risk that persons whose tenancies would otherwise be terminated during that period would be unable to obtain alternative accommodation;
Bear in mind that this Bill has nothing to do with evictions.I guess winter will be over then.....is homelessness more palatable in spring than December?
Yes.It looks like even if you have served a termination notice the end date is now deferred - am I correct in my reading of this ?
That section defines 'licensor' and 'licensee' as limited to student situations only - so current Bill does not apply to having a lodger in your own house
Yes, that is correctIt looks like even if you have served a termination notice the end date is now deferred - am I correct in my reading of this ?
It might, the ban applies from the date the legislation is enacted. That will be pretty soon thoughIs the end date only deferred if its already served, and lands between November and April ? eg if the termination date is October 26th 2022, does this avoid the ban ?
If the tenants don't leave on that date does it then become a 'fault' eviction rather than a 'no fault' eviction and they have to leave, but how are you going to make them leave etc.Is the end date only deferred if its already served, and lands between November and April ? eg if the termination date is October 26th 2022, does this avoid the ban ?
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