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https://www.reddit.com/gallery/1inpoyo
di killianm97
11 commenti
Eat the ~~rich~~ landlords.
The government loves to favour investors over its own working class 😡😡😡
That nice of them, good to know they don’t care about renters and are only looking out for themselves.
Rpzs have definitely reduced availability of rentals.
Where I live 7/8 rental houses have been sold and are no longer on the rental market.
Another 2/3 are sitting empty for at least 18 months. (I think if they’re empty 2 years they can charge what they like.
If you step back and look from a neutral and unemotipnal perspective, it becomes very clear that rent controls do nothing for renters who haven’t been living in the same rental since the start of the rent controls.
Even then once those people they are caught up in the carnage that rent control causes.
And there are lots of examples you can look up about the real effect of rent control. And its not good for anyone.
I think they should be removed. The overall negative impact far outweighs the benefits on the tin
The government/landlord argument here seems to be that rents in Ireland just aren’t high enough or rising fast enough to attract investment to the sector. That is, current rents are just too low to justify building enough new rental properties. That’s sort of terrifying — how high do they need to be?
If they really wanted to help the rental market, and by this I mean both tenants and small landlords, they would do it acting on taxes.
1) they should reduce taxes for small landlords to what corporations pay in taxes, so probably around 15%. Or better have rental taxed as a separate income, with similar bands. This will benefit mainly small landlords with 1 max 2 properties.
2) put a rent cap by area, which is lower than the current median in the given area of about half what you saved landlords by cutting taxes, so about 20%. So if in D1 the median is 2500, the cap will be 2000. No rent can go higher than that, but it adjust every year if needed.
So the rent is lower, but small landlord make more profits in total. The state doesn’t need the extra taxes, and anyway big rental companies pay fuck all in taxes in any case.
Toss in some minimum standards for the property quality with incentives and tax rebates for making improvements without inconveniencing the tenants.
Polysee did a good short video on rent caps. They are usually only a short-term solution.
The only way to fix the housing crisis is by building more houses. You want the majority to come from the government and minority to come from private companies.
However the government favour private companies to build gaffs, this is what fuck us all over
I have 20 home all of which getting a 40% hike. I’ll only get 20 of that tho rest is tax. Whoopya up the boys doesn’t make money doesn’t make sense
A key part of the population don’t want to fix this problem , they benefit from having soaring housing prices and being able to charge extortionate rental rates and actively veto any large-scale planning projects that might alleviate this issue, as long as this continues we will be stuck in an ever worsening situation. I have seen high-rise apartment complexes which could house upwards of 50 plus families being vetoed by local councils due to “interfering with the skyline of the town”. I am so sick of it but people act in their self-interest unfortunately.