"43,000 landlords exiting the market..." but how many are buying in?

Just read the oireachtas committee discussion on the big discrepancy between the CSO number of people renting from private landlords and the much lower number registered with the RTB.
The methods used to record Student and AHB's with RTB was mentioned as possible explainations for some small differences as well as properties being let to family which are not registered, but the clear implication was that tens of thousands of landlords had broken the law and not registered. What about the large numbers of refugees who are renting from private landlords on the €800 pm plan? Would that skew the figures as they are not required to register with RTB either.
I would have thought the vast majority of landlords are registered now but maybe not. The CSO are to carry out a matching exercise between rtb, cso, and lpt data to identify where the discrepancies are so it will discover if there really are thousands of dodgy landlords. The results from the CSO exercise will be interesting.
Licences are becoming increasing common as well. There are a couple of recently converted houses near me - now 6/7 bedrooms each with an en-suite. You get a licence to occupying a particular room (but you can be moved to another room as 'guests' turnover) and a licence to use the kitchen and living room. All utilities are included and a cleaner looks after the common areas. If it is a genuine licence, it does not need to be registered. People will always find ways around laws they don't like.
 
Licences are becoming increasing common as well. There are a couple of recently converted houses near me - now 6/7 bedrooms each with an en-suite. You get a licence to occupying a particular room (but you can be moved to another room as 'guests' turnover) and a licence to use the kitchen and living room. All utilities are included and a cleaner looks after the common areas. If it is a genuine licence, it does not need to be registered. People will always find ways around laws they don't like.
A genuine "license" either means a sublet or the landlord also lives in the home.
Apparently there's an enormous problem with single tenants taking out a lease on a large 3-4 bed unit, buying a bunch of bunks and then gouging others - particularly migrant workers. A lot of the horror stories that make it into social or mainstream media come under this category.
 
Back
Top