I'm a Landlord for 25 years and it's never been so difficult. I pay 52% tax, RTB fees, Accountant fees etc. I then have to deal with maintenance and repairs etc. Insurance is mental expensive too. We are treated badly by the State to boot whilst vulture funds pay no taxes and get guaranteed rental income from Councils. The whole system is ridiculous.
Can't blame landlords for leaving the housing market. Government not doing enough to tackle this issue. Private and public sector needs to collaborate to fix this issue ASAP!!
It's hard to figure... Property owners in all their guises should be the kind of people both the mainstream parties should have their back. The fact that they don't is hard to fathom. The 'big guys' are well looked after...but the small landlord seems to be just left to the wolves. I certainly don't think Shinners we have much sympathy for them either. Maybe that the problem...they are just resented by everybody. Myopic.
News talk why is there absolutely zero commentary on your platform for this program why are you absolutely censoring comments on this topic this is an extremely important topic for the public, who are you really protecting 🤔
In January 2021, I was given a Notice of Termination by my landlord due to him selling the house. I had lived there for six years, paying my rent faithfully through HAP. I am in receipt of Disability Allowance and I have mobility issues. During my search for a new place, I was constantly turned down by condescending, greedy, money- grubbing landlords and agents. Many of the flats I viewed were moldy, damp and unfit for renring. All of them were seriously overpriced! It took me over six months to find a new flat, and that was only through sheer good luck. Landlords cannot refuse to accept a HAP tenancy, but in reality they just don't call you back. They prefer cash-in-hand tenants as they can easily earn money without registering for tax etc and they can avoid inspection of their crappy properties. If any Irish landlord is not making a hearty profitable return, he's doing something wrong! The rental game is rigged and the landlords are the dealers! For the anyone renting, it's like playing Poker with a guy holding all of the face cards! If anything, Ireland needs stronger regulations for renting. Many of the landlords leaving the rental market are simply switching their properties to full time, Air B&B .
Rents are going through the roof in England aswell because anyone who purchased a house before 2016 with a mortgage in their personal name (a million did) can’t offset the interest of their mortgage payment against their tax bill and now interest rates are on the rise landlords are having to push up the rents to pay their mortgages and their tax and the wear and tear of the property! Landlords a mugs game now your taxed on turnover and pay for all the wear and tear of the product you supply to the customer. Anyone would think the government’s of the uk are doing this on purpose.
We want landlords out. There's not enough houses. The developers and investors are drip feeding the market. There are more rental properties than ever before. The landlords that are staying in the market are absentee landlords. If only we had some real journalists doing this subject the justice it deserves. Housing needs to be a right. I honestly don't think we can justifiably call ourselves a Republic until this is sorted out. We're being milked for the majority of our wages in rent.
Just wait until people start to get extremely tired of this bs and tenants start to take matters into their own hands, especially when the eviction ban comes to a end in April when massive amount of landlord's evicting tenants to get their rent pushed up as there is a massive flaw loop hole in this system that landlord's and property agencies are using to make massive profits.
I'm a Landlord for 25 years and it's never been so difficult. I pay 52% tax, RTB fees, Accountant fees etc. I then have to deal with maintenance and repairs etc. Insurance is mental expensive too. We are treated badly by the State to boot whilst vulture funds pay no taxes and get guaranteed rental income from Councils. The whole system is ridiculous.
Can't blame landlords for leaving the housing market. Government not doing enough to tackle this issue. Private and public sector needs to collaborate to fix this issue ASAP!!
It's hard to figure...
Property owners in all their guises should be the kind of people both the mainstream parties should have their back.
The fact that they don't is hard to fathom.
The 'big guys' are well looked after...but the small landlord seems to be just left to the wolves.
I certainly don't think Shinners we have much sympathy for them either.
Maybe that the problem...they are just resented by everybody. Myopic.
News talk why is there absolutely zero commentary on your platform for this program why are you absolutely censoring comments on this topic this is an extremely important topic for the public, who are you really protecting 🤔
Ya, who would want an average €1500 quid a month per property for doing nothing
In January 2021, I was given a Notice of Termination by my landlord due to him selling the house. I had lived there for six years, paying my rent faithfully through HAP. I am in receipt of Disability Allowance and I have mobility issues. During my search for a new place, I was constantly turned down by condescending, greedy, money- grubbing landlords and agents. Many of the flats I viewed were moldy, damp and unfit for renring. All of them were seriously overpriced! It took me over six months to find a new flat, and that was only through sheer good luck. Landlords cannot refuse to accept a HAP tenancy, but in reality they just don't call you back. They prefer cash-in-hand tenants as they can easily earn money without registering for tax etc and they can avoid inspection of their crappy properties. If any Irish landlord is not making a hearty profitable return, he's doing something wrong! The rental game is rigged and the landlords are the dealers! For the anyone renting, it's like playing Poker with a guy holding all of the face cards! If anything, Ireland needs stronger regulations for renting. Many of the landlords leaving the rental market are simply switching their properties to full time, Air B&B .
We have too many landlords as it is. Just make homes more affordable.
Rents are going through the roof in England aswell because anyone who purchased a house before 2016 with a mortgage in their personal name (a million did) can’t offset the interest of their mortgage payment against their tax bill and now interest rates are on the rise landlords are having to push up the rents to pay their mortgages and their tax and the wear and tear of the property!
Landlords a mugs game now your taxed on turnover and pay for all the wear and tear of the product you supply to the customer.
Anyone would think the government’s of the uk are doing this on purpose.
We want landlords out. There's not enough houses. The developers and investors are drip feeding the market. There are more rental properties than ever before. The landlords that are staying in the market are absentee landlords. If only we had some real journalists doing this subject the justice it deserves. Housing needs to be a right. I honestly don't think we can justifiably call ourselves a Republic until this is sorted out. We're being milked for the majority of our wages in rent.
€2000 a month for a bed sit. Sign me up!
So Savage , how are tenants getting on with the corporate landlords v the so called mom/ pop landlords, not so well I would suggest
Land 'lords' lol.
It’s crazy tax man takes all and makes the rules crazy.
Just wait until people start to get extremely tired of this bs and tenants start to take matters into their own hands, especially when the eviction ban comes to a end in April when massive amount of landlord's evicting tenants to get their rent pushed up as there is a massive flaw loop hole in this system that landlord's and property agencies are using to make massive profits.
Some landlords have 100 properties without contract. Easy money, old houses.
Rent control 🤣🤣🤣