A lot of speculation in the papers over the weekend that Eamon Ryan will be our next Minister for Housing.
So, here's what the Green manifesto says on the rental sector:-
"We will make several legislative and regulatory amendments to make the rental sector fairer. To make sure that people have certainty about their housing costs and the security of their tenure going forward we will remove sale as a reason for ending a lease and will move towards a system of indefinite leases, as recommended by the National Economic and Social Council, with appropriate safeguards for both landlords and tenants. We will also consider a form of rent review that is popular in Germany, known as the ‘mirror rent’ in which rents are based on an official guide for the local area. To make these changes, we will need to strengthen governance in the area of renters’ rights. We will resource the Rental Tenancies Board to allow for swift resolution of disputes between landlords and tenants. We will also give effect to the existing rent pressure zones legislation which is often not being complied with, by requiring all rents in rent pressure zones to be registered."
I would query whether removing sale as a reason for ending a lease would be constitutional.
In any event, any landlord thinking of exiting the market might want to move fairly promptly ...
So, here's what the Green manifesto says on the rental sector:-
"We will make several legislative and regulatory amendments to make the rental sector fairer. To make sure that people have certainty about their housing costs and the security of their tenure going forward we will remove sale as a reason for ending a lease and will move towards a system of indefinite leases, as recommended by the National Economic and Social Council, with appropriate safeguards for both landlords and tenants. We will also consider a form of rent review that is popular in Germany, known as the ‘mirror rent’ in which rents are based on an official guide for the local area. To make these changes, we will need to strengthen governance in the area of renters’ rights. We will resource the Rental Tenancies Board to allow for swift resolution of disputes between landlords and tenants. We will also give effect to the existing rent pressure zones legislation which is often not being complied with, by requiring all rents in rent pressure zones to be registered."
I would query whether removing sale as a reason for ending a lease would be constitutional.
In any event, any landlord thinking of exiting the market might want to move fairly promptly ...