The actual report includes an interesting survey of rents paid by sitting tenants, which are now approaching a 50% discount on market rents.
Rent controls have completely distorted the rental market and have made a bad situation far, far worse.
There is a headline in the Irish Time today which states that Average Dublin rents rise to €2,258, up 14.3%, amid ‘extreme shortage'.
I contacted the Irish Times and they have corrected the headline.
Average Dublin advertised rents rise to €2,258, up 14.3%, amid ‘extreme shortage’
The actual report includes an interesting survey of rents paid by sitting tenants, which are now approaching a 50% discount on market rents.
Rent controls have completely distorted the rental market and have made a bad situation far, far worse.
What tricks?"New tenants are not able to avoid getting ripped off as landlords are trying every trick in the book."
And here we go again with the landlord bashing.New tenants are not able to avoid getting ripped off as landlords are trying every trick in the book
From the daft.ie report:Sitting tenants are not getting 50% discount on market rates.
A very successful, productive and efficient export economy has resulted in large increase in population. The inefficient and under productive domestic construction sector has not been able to keep pace with that demand. That's the core of the problem; builders aren't very good at their job. The Government and State Sector have undoubtedly made things worse but that shouldn't be a surprise since governments and State sectors are inherently inefficient and wasteful but the construction sector being grossly inefficient is the core of the problem.And here we go again with the landlord bashing.
Are home owners who sell their home to be condemed for seeking the best sale price?
Are guest house owners 'ripping off' their guests by charging the market rates for B&B?
There's no "trick" here - simply a shortage of supply along with the unintended consequences of government legislation.
I am.Ah come on, hyperbole.
Sitting tenants are not getting 50% discount on market rates.
Yes, just like every other market.The 'market' is trying to charge new tenants twice as much as they should be able to get away with.
Only if you're a politician with an understanding of the issue on par with an overgrown child who dresses like Trotsky, used to work for a homeless charity and probably still have a poster of Che Guevara on your bedroom wall.The actual headline is:
"New tenants are not able to avoid getting ripped off as landlords are trying every trick in the book."
what happened? Or links to a discussion. Thanks.Hope no small landlords were watching Question time in the Dail today - the only thing I took from it was, Get out while you still can
I'm sure you can imagine; the pseudo-left wing populist waves are crashing on the shores of the Government and causing an alarming amount of erosion.what happened? Or links to a discussion. Thanks.
They're all published.what happened? Or links to a discussion. Thanks.
If you don't have your vacant property seized under emergency powers by the Govt? Its a real possibility IMO the way things are going and the noises coming from the NGO sector/extreme left Politicians. Tenants moving out year end, we will be leaving the property empty considering the regulation, anti landlord actions that have been brought in.
Will this only apply to previous rentals or to the large number of homes built on family farms where the children are living abroad?If you don't have your vacant property seized under emergency powers by the Govt? Its a real possibility IMO the way things are going and the noises coming from the NGO sector/extreme left Politicians
I am not sure that will happen personally. The State knows its sailing very close to the wind on the "constitutionality of housing". They know if they push this too hard eventually someone will take a class action on the constitutionality of the "seizure of vacant property by the state". Legislation already exists for CPO'sIf you don't have your vacant property seized under emergency powers by the Govt? Its a real possibility IMO the way things are going and the noises coming from the NGO sector/extreme left Politicians
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