With the increase in property prices in general, a risk that the government may prevent a landlord from removing a sitting tenant if they wish to sell, and many small 1/2 property landlords unable to make a profit on rental income due to taxes and charges many landlords are choosing to sell now.
This puts increased pressure on the rental system, more demand, less stock. And the population keeps growing so even more demand. Much more housing stock is needed. And housing stock that is suitable for people to live in as tenants for their lifetime. So basic space, storage, facilities, safety etc. not the co-living spaces.
Tenants would like security of tenure as is common in many other countries, they would also like rental stock at various price points, to suit their life stage, students, young professionals, young families etc. and thirdly they need some protection against market changes. Most can just about afford 50% of their income on rent.
Airbnb was a market change, the government selling off much of its housing stock in the 70&80s and having many of their current social welfare house under utilised by not moving people on as their life circumstances change.
Ireland does not have a mature rental market so many young people choose to buy when they can afford to and remove more stock from the rental market.
Both tenants and landlords have rights and responsibilities. There are a complexity of issues in terms of housing. And this is why there is so much government tinkering.
All individual landlords can do is react to the current situation and it is a good time to sell. Trying to change the government policies to encourage more landlords to stay renting is probably fruitless as there is too much pushback from people looking for housing.
I am sure SF will move to the mantra that housing is a basic human right and that this should be given to people free by the government. Very few people are born homeless, but many do not remain in the housing they lived in from birth (for a multitude of reasons) even if they cannot afford to live in a new housing unit and suddenly this is the governments fault. Maybe in 10 years we will have enough housing units to give people choices and options but not currently.