I think people may underestimate how many technically “new tenancies” are just swapping out one person on the lease.
Will landlords be allowed to jack the rent each time that happens? Madness
muttonwow on
Reminder that the 2024 Fine Gael Manifesto said that they would retain Rent Pressure Zones and the Fianna Fail manifesto said they would “continue to review their effectiveness”.
And it’s been just over 6 months.
muttonwow on
>Existing tenancies within RPZs will mostly remain the same.
>However, new tenancies will be covered by fewer restrictions but there is a pledge to provide stronger protections for renters, in what is viewed as a trade off.
Will this not cause current landlords to sell their houses as they’ve become a lot more valuable to new landlords? Ending many existing tenancies?
Sharp_Fuel on
This does need to happen, to actually incentivize building of apartments etc. but knowing this government, they’ll (potentially intentionally) overlook some loophole that screws over existing tenancies
itchyblood on
Rent Pressure Zones have been a disastrous failure. They should have never been brought in
SpareZealousideal740 on
Is that not just going to make it to that any landlords with old tenancies will seek to get rid of tenants as quick as they can so they’re no longer stuck by old RPZ rules?
litrinw on
I thought new properties to the rental market already aren’t subject to rpz when setting the original rent so don’t see how this is anything different?
phyneas on
That strange rumbling sound you hear is a massive number of heretofore nonexistent ephemeral homeless nieces and nephews of landlords spontaneously coalescing into existence. Don’t worry, though; they’ll all mysteriously disappear without a trace shortly after the notice periods on their associated tenancy termination notices have passed.
Fun-Associate3963 on
This will, the Government believes, “give certainty to the market”.
The Taoiseach has consistently stated that a stable climate has to be created to incentivise developers to invest in the domestic rental market.
🖕🏻🖕🏻🖕🏻 Cunts. And the fucking clowns that vote for them.
Yes like knowing the rent can rise at a 2 percent or rate of inflation not a stable climate.
ghostofgralton on
So we can expect a tidal-wave of new developments following the end of RPZs, right? Right?
Massive-Foot-5962 on
I think it’s a pretty awful situation to be in, but it seems a hard reality that building isn’t feasible at current rents.
Neat_Expression_5380 on
Call me a pessimist. Nothing is going to get rents under control in the short term. A big bold move is needed with a long term goal in mind, this gov aren’t going to give us that.
Internal-Spinach-757 on
One of the most infuriating things is new rents are already increasing by 8.1% annually and by 5.9% for existing tenancies. How is that a poor environment for investment? On top of capital appreciation you have record high rents that are still increasing by staggering amounts.
Immortal_Tuttle on
Ok. That’s enough. When I’m reading about rents it’s like people are effing forgetting that we are talking about basic necessities here. Food, water, shelter. It’s not a frigging scheme to make another hedge fund members more money. What the frack happened to this country? What was wrong with “finish your education, get a job, build a family, get a house, live long and prosper”? Now I’m reading about foreign companies purchasing houses, apartment buildings and then blocking planning permissions to keep the rent prices high? Who allowed this?
29September2024 on
What a perfect solution to the national emergency problem of high rental costs. Increase the rental costs further. Why don’t you all remove the caps all together to make the homeless issue obsolete?
15 commenti
This will be a complete disaster
I think people may underestimate how many technically “new tenancies” are just swapping out one person on the lease.
Will landlords be allowed to jack the rent each time that happens? Madness
Reminder that the 2024 Fine Gael Manifesto said that they would retain Rent Pressure Zones and the Fianna Fail manifesto said they would “continue to review their effectiveness”.
And it’s been just over 6 months.
>Existing tenancies within RPZs will mostly remain the same.
>However, new tenancies will be covered by fewer restrictions but there is a pledge to provide stronger protections for renters, in what is viewed as a trade off.
Will this not cause current landlords to sell their houses as they’ve become a lot more valuable to new landlords? Ending many existing tenancies?
This does need to happen, to actually incentivize building of apartments etc. but knowing this government, they’ll (potentially intentionally) overlook some loophole that screws over existing tenancies
Rent Pressure Zones have been a disastrous failure. They should have never been brought in
Is that not just going to make it to that any landlords with old tenancies will seek to get rid of tenants as quick as they can so they’re no longer stuck by old RPZ rules?
I thought new properties to the rental market already aren’t subject to rpz when setting the original rent so don’t see how this is anything different?
That strange rumbling sound you hear is a massive number of heretofore nonexistent ephemeral homeless nieces and nephews of landlords spontaneously coalescing into existence. Don’t worry, though; they’ll all mysteriously disappear without a trace shortly after the notice periods on their associated tenancy termination notices have passed.
This will, the Government believes, “give certainty to the market”.
The Taoiseach has consistently stated that a stable climate has to be created to incentivise developers to invest in the domestic rental market.
🖕🏻🖕🏻🖕🏻 Cunts. And the fucking clowns that vote for them.
Yes like knowing the rent can rise at a 2 percent or rate of inflation not a stable climate.
So we can expect a tidal-wave of new developments following the end of RPZs, right? Right?
I think it’s a pretty awful situation to be in, but it seems a hard reality that building isn’t feasible at current rents.
Call me a pessimist. Nothing is going to get rents under control in the short term. A big bold move is needed with a long term goal in mind, this gov aren’t going to give us that.
One of the most infuriating things is new rents are already increasing by 8.1% annually and by 5.9% for existing tenancies. How is that a poor environment for investment? On top of capital appreciation you have record high rents that are still increasing by staggering amounts.
Ok. That’s enough. When I’m reading about rents it’s like people are effing forgetting that we are talking about basic necessities here. Food, water, shelter. It’s not a frigging scheme to make another hedge fund members more money. What the frack happened to this country? What was wrong with “finish your education, get a job, build a family, get a house, live long and prosper”? Now I’m reading about foreign companies purchasing houses, apartment buildings and then blocking planning permissions to keep the rent prices high? Who allowed this?
What a perfect solution to the national emergency problem of high rental costs. Increase the rental costs further. Why don’t you all remove the caps all together to make the homeless issue obsolete?
/S