CarrotStick
Registered User
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- 77
I think you hit the nail o the head, this Government is heading for disaster.Hey I fully agree. Why should the people providing the accommodation be penalised? That's ridiculous.
In your case you are in the situation of paying 7%
To me that is another injustice
I'm just not sure you can join the two in a court case. Judge will say why are you paying 7%?
RPZ has gone from bad to worse.
Originally there was 4% limit and that was to apply I think if HICP inflation was below some number for 3 consecutive quarters.
That was replaced by this crazy rule that rent increase cannot be higher that the lower of:
- HICP inflation
- 2%
So now HICP inflation is 10%. (bread milk petrol) the landlord is expected to remain at 2%
Even though an interest only mortgage may have increased by 300%
(Tracker going from 1% to 4%)
The Government have alienated Irish farmers
The Government has alienated renters with its disastrous rental policy. RPZ‘s may appear great, but they have had no real effect on rental increase in the rental market or on the institutional investors in the housing market. Small landlords are leaving in their droves. See Feb 5th article in Sunday Business Post, entitled.
Dominant funds could set rent prices in central areas of Dublin
The Government has alienated small time landlords.Who have they not alienated?
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