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No more 4% rent increases

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    #242
    Mad_maxx
    Registered Users Posts: 13,503 ✭✭✭✭Mad_maxx


    https://www.boards.ie/discussion/comment/117695256#Comment_117695256

    Being a small landlord is OK if you lease to the local authority under a long term arrangement, no tenant management and no being locked into previous rent levels



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    #243
    JimmyVik
    Registered Users Posts: 5,367 ✭✭✭JimmyVik


    Government policy locks the rent you can recieve from your property. Also effects the value if you sell it.

    Council steps in and rents it off you for 80% of market value. Handy for them.

    You would think that it was designed to make landlords last resort to rent their property to the council for 80% of the market value :)



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    #244
    JimmyVik
    Registered Users Posts: 5,367 ✭✭✭JimmyVik


    https://www.boards.ie/discussion/comment/117683859#Comment_117683859

    Not to mention a small time landlord taking a case and his name and address being splashed all over the papers and social media and the vile behaviour that come along with that sort of exposure. He would have people in tents in his garden protesting and paint thrown on his car and probably his family threatened.



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    #245
    Jmc25
    Registered Users Posts: 299 ✭✭Jmc25


    https://www.boards.ie/discussion/comment/117703451#Comment_117703451

    Absolutely - there would be huge public outcry and anyone taking a case would have to he sufficiently thick skinned. Your suggestion of people camped out in the garden might not be far off the mark either.

    But even outside of the usual suspects who would organise something extreme and unwarranted like that, public opinion is strongly, strongly anti-landlord.

    In that context the government have done relatively well for landlords in limiting the extent of rent controls to RPZs, as imperfect as they are. There'd be a lot of votes to be gained (for FF and the Greens in particular) by going further.

    You can argue all day about whether the public are justified in their anti-landlord stance and that the government's job is not to cave into populist opinion on every issue, but the political reality is it could be made an awful lot worse than RPZs and the government would probably gain popularity in doing so.



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    #246
    [Deleted User]
    Posts: 1,263 ✭✭✭ [Deleted User]


    Meanwhile, massive property companies/investors seem to be buying every available house in the western world.

    We're living in weird times. On one level, governments around the Western world appear to bending over backwards to help the citizenry with financial supports, eviction moratoriums, small business supports etc. But at the very same time, the wealth gap is growing to obscene levels and being able to buy a house has never been more difficult/unachieveable for ordinary people because governments are letting corporations snap up property for rental. How long can this weirdness be maintained?



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