Le zone di pressione dell’affitto “efficaci” nel controllo degli affitti ma hanno innescato la caduta dell’offerta, afferma ESRI
https://www.irishtimes.com/business/economy/2025/03/27/rent-pressure-zones-effective-in-controlling-rents-but-have-triggered-fall-off-in-supply-says-esri/
di ulankford
10 commenti
Let’s allow landlords charge 3,000 euro a month in rent (36,000 euro per year). That will increase supply. Said no one ever.
No way! Noone expected that! Except 95% of all economists
That statement goes against all the rules of economics.
The obvious solution is third generation rent controls (rents can change between tenancies, not within). The problem is that we cannot have that in Ireland because we have no-fault eviction grounds: sale, move-in, renovate.
Landlords like the power that gives them over their tenants (because it essentially prevents tenants from exercising their other rights) more than they would want to increase rent.
If we got rid of no-fault evictions we could move away from the current model we have where renting is something that only students and poor people do, as was the assumption when the 2004 Act was passed. We could then move towards a more normal European model where tenants have rent certainty (%, rate based, or CPI linked rent increase caps) and proper security of tenure where you cannot be evicted without breaching your tenant obligations.
The reason why there is a “fall off in supply” is because they left a loophole in the legislation that if the property has been vacant for 2 years the landlord can then set the rent to whatever they want.
Close this loophole and all these vacant properties will be back on the market instantly.
There really should be more focus and outrage over this loophole!
https://www.independent.ie/irish-news/money-expert-eoin-mcgee-advises-landlords-to-leave-property-vacant-for-two-years-before-renting-to-be-better-off-financially/a1825399294.html
Ban Airbnb for a start and you’ve instantly increased supply
Sadly entirely predictable and was predicated, worst of all though the government still hasn’t addressed almost any of the issues that is affecting the supply of housing. And now the rent cap is another issue and now it is political hot potato of the rent pressure zones that it doesn’t know what to do with (they are due to end soon) but I am sure they will be lots of high level discussions and then will they rush out a solution that will be ineffective.
The cost of renting in Ireland is not sustainable, the lack of supply is crippling but the issues both of these have is even worse.
Landlords love rent controls.
People who want rent controls to continue are doing it at the expense of those coming into the rental market.
It’s pure selfishness and nothing else.
Fall off in supply compared to what thought?
To compare to the UK which didn’t have RPZ or similar the rental suppy has also been heavily constricted over the last few years.