22 luxury apartments bought for €11m in Dublin 4 for social housing

AlbacoreA said:
Where's the legislation that would entice a landlord back into the market.
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The new system certainly won't do that. It confirms that the current rent control system (described as among the strictest in the world) is now permanent. I know a landlord will be able to increase to market value between tenancies, but that is a right landlords always had and continued to have elsewhere. I'd say also good luck with getting a significant increase after 6 years, the political system simply won't allow that to happen.

The right to sell with vacant possession is gone entirely for 55% of landlords and very restricted for the remaining 45%. Aside from devaluing your property, as AlbacoreA correctly points out, the right to evict to sell was a comfort for landlords as you could just sell up if you had a difficult tenant and no faith that the RTB would take your side.
 
And if we entice enough foreign workers to come and build our houses, where do we house them while there here?
 
AlbacoreA said:
But in Europe it's usually accompanied by strong legislation protecting landlords. We don't have that.
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It’s quite possible to strengthen the rights of tenants and landlords.

Policy discourse in Ireland is unfortunately entirely framed as a zero-sum tug of war between tenants and landlords.

AlbacoreA said:
Where's the legislation that would entice a landlord back into the market.
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I’ve long argued that a return of the capital gains exemption for rental properties held for seven years would be a great policy and it’s orthogonal to the tenants’/landlords’ rights debate. It helped to put a floor on the market 2011-14.
 
Are they not already here. Why are we not leveraging them.
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We are talking about increasing the housing output from 30,000 per year to 50,000 per year - so no, they are not here.
All the building workers here are already employed building the 30,000 so we would need a lot more to get to 50,000
 
We'll not get back to that because banks and developers won't over extend like they did in the Celtic tiger. Tradesmen who got caught out the last time left the trade. It's very hard to get people back into the trades again. Not until they all forget and people stop reminding them at least.

Trying to stuff even more people into the country of Ireland when there is no housing, is lunacy. We've been a couple of decades only making it worse. We aren't learning.
 
@Greenbook That bleeding heart nonsense needs to be brought to an abrupt end - 5 years is sufficient time to help people get back on their feet, be it find new employment, retrain, or whatever.

With exception of the very small minority who have legitimate illness that prevents them from working, everyone else gets 5-years, then evicted, end of story.

The outcry that you fear, and public reaction from the bleeding heat liberal lefties, is one of the key problems that this country needs to put an end to. We should help people in genuine need of help, but not later be intimidated into having to support them for life, because they won't fend for themselves, imho !
 
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