Govt to do 'everything' to prevent evictions - McEntee

Victorian London - so dramatic.

Rights that weren't there last week.

Notice periods that were half what they are since 2 months ago

Landlords didn't sign up for this.

Let's watch government extend the ban in March.

Private property owners rights are being trampled on. And their chances of selling up and getting out of the circus are being seriously hampered because only a fraction of potential buyers is going to buy a property with tenants in place.

It's bonkers.

Although in your words yesterday "you'd be surprised " who would buy a property with tenants in place.

Would I? Yeah let's hear who

Then take a case to the SC. Seriously, see how far it will get - the drama again.

All small time landlords should and will sell up.

The Irish government and its supporters like you are pushing for it. One disincentive after another

*high taxes

*recent doubling of notice periods

* eviction ban

*unbelievably slow process to remove problem tenants

You can take responsibility for the homelessness explosion that is coming.

Maybe the funds will swoop in and save the renters.

Lol

It's already happening.

All of his statements are a contradiction.

That's why the ideology falls down every single time

There is zero contradiction or ideology.

You're the one saying high asking prices will hold-up when put-upon landlords put their properties on the market at the same time with high interest rates.

The exact opposite will happen. They'll be price-taking, and prices go down. Basic stuff.

Landlords won't be fleeing en masse. That's a bluff that the lobby uses when they see a regulation they don't like.

They're less likely to get their desired asking price now (and not because of the moritorium) than they were even three months ago. It'll be lower asking prices (net good for the market and buyers) or they'll keep their head screwed-on and keep letting.

It may not be too obvious at this vantage point for some, but the market dynamic has tipped and it will be going only one way for the next 18-24 months, perhaps longer.

I'm not the one saying they will. Other posters are. I'm saying if they *do* elect sell on masse, and are foolish enough, they'll be price taking and swallowing lower asking prices. This is the worst sellers market in a good 8 years or so. Investment funds cash is drying up, first time buyers and upgraders are keeping their powder dry because of interest rates, and the state is going to be the last buyer on the bloc.

That's called a monopsony (remember that I used it before David McWilliams) and it means price-taking for sellers if they do sell.

When interest rates go up, house prices come down. That's what happens.

I assume you mean funds when you say sell and leave it someone more competent ?

You can't mean small time landlords (1 or 2 properties) because they are all getting out due to the high taxes, recent doubling of notice periods and now a potential eviction ban.

All that's left are funds. Funds charge more for rent but won't kick you out to move a family member in.

Let the funds take over. The same one that you were all raging at for buying up entire housing estates and renting them out.

The same funds leaving apartments empty in an attempt to keep rent prices high overall.

The funds who are permitted to avoid taxes.

Now the funds are the normal Joe Soap renters friend.

Give me a break

Funds have already extracted their price, their war-chest is dry with cheap money gone.

The last buyers standing are the state. That will be become all too obvious to you in the coming months.

If there is an en-massee sell-off (which there won't be), it will be Darragh O'Brien and Paschal naming their price, not the other way around.

Why would they be just managing?

Be it health, housing, infrastructure or anything else. Anyone who puts all of their faith and needs in the state had been let down and left waiting.

More fool you if you think now to be any different.

Let's see what happens