This is in no small part due to the massive increase in supply because of the virtual collapse of the short-term letting (Airbnb) market.
That's certainly a relevant factor.Much more likely due to the hundreds of thousands of people who don't need to live near a place of work anymore.....
You're plumb out of luck.What if you were trying to sell a place?
You're plumb out of luck.
What strikes me as odd is that there is not one TD or Senator who has even questioned this.
They all seem to be outdoing each other to make it longer and harsher on the landlord.
Would you think that might mean a drop In price if trying too off load a place on the current climate ?
A friend of mine has been grappling with new landlord for months now having been served a termination order after 10 years.
When you look at some of the rents being charged for substandard properties in Dublin, it's hard to have any sympathy for landlords.
Is it in a rent pressure zone?A friend of mine has been grappling with new landlord for months now having been served a termination order after 10 years. Following ownership change proposed rent went from 650 (way too low) to 1450 (way too high). It's only the eviction ban keeping him in the place as without this he had all sorts of plans of quitting his job and returning home to England. I believe he's negotiated a middle ground is E1050 to stay, keep him job and remain in Ireland. Please don't pick the story apart saying he should do this and that, I'm just saying it's helped some people in really hard situations to buy some time.
Consider the the following. You are a landlord. You have a single tenant in a four-bedroom house who hasn't paid rent in six months. You can't terminate the tenancy due to Covid rules.
If rental properties are sub-standard, then they should be reported to the authorities who will issue the landlord with notice to remedy the issues within a fixed time frame or face fines. The standards now required of rental properties exceeds those permitted for owner-occupiers.
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