And what is your point? You seem to think LLs should be able to charge "market rates" without interference?
On the other hand you are forewarning us of REITs doing exactly that.
The question is about how many LLs have quit because of rent controls.
Nobody knows.
You are the only one to have produced some form of figures which suggest, that since rents controls have been introduced, more LLs have entered the sector.
I know it doesn't support the narrative, but thats life!
In Summary,
We have more LL entering than leaving,
More Bigger LL, REIT
We have Rent Controls
We have lots of improvements to tenants rights and tenure,
We have improvements to standard of accommodation,
We have the Govt initiatives on social and affordable housing,
Basically everything that was asked for is being done. No.. Why is no one happy...
There are not equal protections for small landlords. All of the above are either tenant or large landlords benefits leaving the small landlord in a precarious position.
The horror.
if you want to quote me in this context, please do so in full sentences not random parts of phrases selected to mislead
Small LL are something like 85% of this market. Does it really matter if they leave....
You are happy to allow large REIT LLs come into the market ...
No one else could afford to absorb the risks being designed into the business model.
You are happy to allow large REIT LLs come into the market squeezing out small and then driving up rents more aggressively as was suggested by another poster? Yes or no? If no, then;
hey you seem to have all the answers and are unwilling to accept any other viewpoint as yours is the only one that is right.
I can sympathize with a landlord who is in that position,
Yes, I agree.
Yep, need to go after them for sure also.
State intervention is no panacea.
agree
I dont categorize all private landlords the same.
I have no issue with that?
I think there is something quite succinct in your comment above.
I agree, there is a mismatch between State interference and free trade enterprise
I agree, that is what I said.
I agree, that is what I said. The State has shown itself as being inadequate to manage housing.
Good luck with that.
Here is a selection of my comments that show that I neither have "all the answers" and that I do share common ground on certain points.
So if you want to discuss the central issue and/or related issues, stop trolling.
That's the consequence of the government interference that you praise and crave. I thought you supported these "property manager" REITS to whom you want to hand lock-stock-and-barrel control of private rental property administration?
That's the consequence of the government interference that you praise and crave. I thought you supported these "property manager" REITS to whom you want to hand lock-stock-and-barrel control of private rental property administration?
It would appear you are the one trolling changing your stance!
How much would this cost? Again, 100,000 homes built at €250k each would cost €25 billion
Exactly!I thought you supported these "property manager" REITS to whom you want to hand lock-stock-and-barrel control of private rental property administration?
Labour Party is proposing to build 80,000 houses over 5yrs at a cost of €16bn
No.
And its quite unfathomable that at this point you still dont understand what I proposed.
...
If LA get more than one interested party, it will award the management of the house to the person who guarantees the lowest rent for their tenants.
Labour Party is proposing to build 80,000 houses over 5yrs at a cost of €16bn
The Labour Party
The "Frankfurt's Way" Labour Party.
You crack me up sometimes.
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