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Looking for affordable two bedroom house

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Comments

  • #52
    El Tarangu
    Registered Users, Registered Users 2 Posts: 1,622 ✭✭✭El Tarangu


    Somewhere on the Maynooth train line - presumably you will get a lot more bang for your buck a bit further out, and if you are the train line, you will get to Drumcondra quite quickly.

    As others have said OP, it's a landlords' market, and Drumcondra is a very desirable area - I do feel for you.


  • #53
    Mrs OBumble
    Registered Users, Registered Users 2 Posts: 26,434 ✭✭✭✭Mrs OBumble


    OP, as well as the formal house searching tools, you need to work local networks and push emotional buttons to possibly get a house that maybe wasn't going to be rented out. Ask everyone you know if anyone has a house that needs a tenant or even a house-sitter. Ask the parish priest (not religious ? doesn't matter, ask him anyways!). Ask VdP. Ask the local charity shops, family resource centre, disability support service, etc etc.Ask the barman in local pubs. The local scout leader. GAA coach. Etc. Etc. Etc. In every one of these stress the special-needs child and how we'll s/he's doing in the local school and so really really cannot move.


    lustig2014 wrote: »
    We are looking there as well. My friend lives there and her mortgage is €1,000 a month for a four bedroom house. It sickens me that we are paying double in rent for half the bedrooms. Also that houses smaller than hers in the same area are going for over €2,000 a month

    Don't directly compare mortgages and rent. Someone paying a mortgage also has to pay insurance, maintenance, management-company fees. These can add up substantially. And besides even if they difference is sickening, thinking too hard about it isn't going to solve your problem. Don't waste your mental energy focussing on it.


  • #54
    alias no.9
    Registered Users, Registered Users 2 Posts: 6,378 ✭✭✭alias no.9


    lustig2014 wrote: »
    I dread to think how bad rents would be without rent control, I can't accept the argument that somehow rent control is causing the high rents.

    Imagine if you were a landlord and had a tenant or set of tenants whom you found to be reliable both in terms of looking after the property and paying rent on time, and because you valued these characteristics, you had as a measure of goodwill, chosen not to raise their rent.

    Now for whatever reason, thr tenants gave notice and decided to move on, now the government determines that the good will earned by those tenants must carry through to a future unknown tenant, do you think that in a landlords market that your first port of call will be to advertise it openly at the rent controlled price? How do you think that would work out for the first 1, 5 or even 10 minutes after placing the add? No need to go beyond 10 minutes because there's no hope the add will still be live.

    The reality is that in the circumstances I've outlined the first thing you'll do is look for word of mouth recommendations of prospective tenants with the kind of characteristics that earned the previous tenants goodwill.

    Even after that, because its s new tenant, by setting a rent, you're punished in perpituity if you don't apply the maximum allowable rent, even out of consideration to the circumstances of a particular set of tenants. Before anyone makes a comment about the time limit on RPZ, lets wait and see how they try and unwind the mess. Income tax was once a temporary measure to fund the crimean war.

    Getting back on track, when you have two identical properties side by side, one of which is enabled by legislation to charge a signicantly higher rent, only one of them will ever be available on the open market.

    This has a perverse effect of making the market rent appear higher than it would be if every property was openly advertised.

    The status quo rewards the pisstakers on both sides. The landlords leading the charge on higher rents were locked in at a higher baseline. The landlords that skirt around or down right ignore the RPZ rules will get away with it unless the new tenant gets a tip off on the previous rent because its a big risk to take to challenge the rent on a new rental without strong evidence. On the other side, tenants can get up to two years rent free as well as forcing additional legal costs on a landlord whos simply seeking vacant possession where the tenant has decided they cant be arsed paying rent anymore.


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