Image: Shutterstock/Brian A Jackson Image: Shutterstock/Brian A Jackson DAMIEN* OWNS SIX properties in Dublin – he rents five and lives in the other with his wife and children. He, like many landlords, is in debt. He owes about €1.5 million. His mortgages are spread out over four different banks. Damien says he is paying one
An umbrella group for Irish landlords has condemned proposed legislation aimed a freezing residential rent prices for periods of two years. The Irish Property Owners’ Association (IPOA) has accused the Government of abdicating its responsibilities towards people who need social housing by attacking a soft target instead. The association claimed Minister for the Environment Alan
The Irish Property Owners’ Association has said landlords consider the new rent rules as unjust, unfair. It said rent reviews every two years appear to be unconstitutional. Yesterday, the Government announced its ‘New Deal for Tenants’, which, along with the two-year rent review, also includes increased notice periods for rent reviews and much greater protection for tenants.
THE ISSUE OF housing just isn’t going away for government parties. With homelessness on the rise, an under supply of housing units and a shortage of rental properties, it seems there are no easy answers or quick fix for the housing crisis in Ireland. There a multiple parties affected by the ongoing situation – families,
The tax treatment of landlords is the main cause of the recent rise in residential rents, according to the Irish Property Owners’ Association. The group claims that that the costs for landlords have jumped by between 20-26%, which is putting a squeeze on the sector. Information officer with the IPOA, Margaret McCormick, said that that
There was bad news for renters yesterday as the number of homes available reached a record low, with demand at an all-time high. Experts have warned homelessness is set to get worse as landlords embark on a firesale of properties because they are too costly. A dramatic drop has been highlighted by a report which