With SF threat gone, will landlords stay in?

Dermot said:
Current RPZ increases are now 0.01%
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Where did pull that nugget from?

".. The preliminary findings of a study published by the Residential Tenancies Board (RTB) on Thursday found that 29.3 per cent of tenants in Co Dublin and 25.9 per cent of tenants in other RPZs had a rent increase of 2-8 per cent or more..."
 
Perhaps it's easier , if you explain where did they pull that from?

Is this published anywhere other than this report for landlords to be influenced by it?
 
AlbacoreA said:
Perhaps it's easier , if you explain where did they pull that from?

Is this published anywhere other than this report for landlords to be influenced by it?
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If you go to the rtb rent calculator from the rtb, you will see that if you try to calculate an annual rent review from an initial rent of €1000, it's what you get.
(Rent set December 2023, review December 2024, initial rent €1000, new rent 1001).
That's not a report, that's the calculation LL need to follow.
 
What law and calculation sets it at 0.1%.
If it's the % of inflation I'm wondering whatb official figure for inflation is used
 
It's the official rate of yearly inflation. Based on the official CPI.
Rpz are misunderstood by most.
 
0 1% inflation is a real handbraker.Great to see it so well under control after several years of very high levels.
 
This is a bit of an eye opener to me! I was still under the impression it was 2% annually but it seems now that this is the cap but the allowed increase can (and is currently) much smaller than that? So the actual cap is whatever the HICP index table at https://www.rtb.ie/calculator/rpz says it is, have I understood it correctly? All that being true, it just shows that there is something very different between what you're allowed to do and what has been happening in the rental market since the introduction of RPZs!
 
Ceist Beag said:
This is a bit of an eye opener to me! I was still under the impression it was 2% annually but it seems now that this is the cap but the allowed increase can (and is currently) much smaller than that? So the actual cap is whatever the HICP index table at https://www.rtb.ie/calculator/rpz says it is, have I understood it correctly? All that being true, it just shows that there is something very different between what you're allowed to do and what has been happening in the rental market since the introduction of RPZs!
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Haven't been following this at all, as I got out of it. But like you I thought it 2%. while I was aware of the inflation clause I never thought it was widely known or enforced in anyway. Thus would no impact. Not any future planning by landlord existing or prospective.

Seems that no longer true. Which is interesting. But stats (if we can believe them) indicate it's being circumvented.
 
For someone looking at being a landlord today you'd have to looking at the rent a room and considering your net profit has to be considerably more than that before being a landlord is viable, considering the risk.
 
That controls are not into place is quite irrelevant to LL who follow the rules.
 
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I'm not getting that getting locked into 0.1% is a mindset that going to work for a landlord, or that is actually whats happening.
 
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AlbacoreA said:
I'm not getting locked into 0.1% is a mindset that going to work for a landlord
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I don't understand your post. Currently the rent I charge is €800 less than the market. Do you think I am the only one in this situation?
 
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