RTB Rent Register

LarryScott said:
Checking a random rented property. I set the price of the best match to 100% (also it was highest rent).
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not quite sure what you mean by this, and the following numbers?

Good detective work everyone, it seems very clear that the first 4 numbers are when it was first registered. From my results, the newer properties are more in line with rents I would expect. This gives me more indication that I can choose those properties with less pushback from RTB as they represent a fairer indication of the actual market.
 
Sr. Tayto said:
Good detective work everyone, it seems very clear that the first 4 numbers are when it was first registered. From my results, the newer properties are more in line with rents I would expect. This gives me more indication that I can choose those properties with less pushback from RTB as they represent a fairer indication of the actual market.
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Logically you are correct, but this has little to do with logic.

You may still have to argue that toss with the RTB and you face criminal liability if you get it wrong. They are far, far better resourced than you are and have people whose full time job is to prosecute these cases
 
Greenbook said:
Logically you are correct, but this has little to do with logic.

You may still have to argue that toss with the RTB and you face criminal liability if you get it wrong. They are far, far better resourced than you are and have people whose full time job is to prosecute these cases
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But it doesnt work. It has incorrect data for making the decision. It cant be used. Simple as that. I doubt you are going to be made a criminal for that. They cant defend what they have published because its impossible to defend it. Its just plain wrong. Fix the tool so it can be used and then people can use it. It is nowhere near market rent that that is bringing back.
 
Greenbook said:
You may still have to argue that toss with the RTB and you face criminal liability if you get it wrong. They are far, far better resourced than you are and have people whose full time job is to prosecute these cases
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I wonder how I can get it wrong, if I choose 3 properties from their list of 10 and choose a rent that is in line with them? Surely that will be OK?
 
JamieB_ said:
But it doesnt work. It has incorrect data for making the decision. It cant be used. Simple as that. I doubt you are going to be made a criminal for that. They cant defend what they have published because its impossible to defend it. Its just plain wrong. Fix the tool so it can be used and then people can use it. It is nowhere near market rent that that is bringing back.
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In a logical world I would agree with you.

But this is the mad Irish PRS, the mad RTB and the 'scourge of the landlords' Rosemary Steen that we are dealing with.
 
Sr. Tayto said:
I wonder how I can get it wrong, if I choose 3 properties from their list of 10 and choose a rent that is in line with them? Surely that will be OK?
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Ah but you didn't choose the right three properties

Keep in mind also that your tenants can sit out the 6 month probation period and then challenge the rent. The RTB Tribunal will lend them a very sympathetic ear
 
What would happen if most Landlords completely ignored this failed incompetent body ( RTB) and set our own rents.
They can't throw us all in prison and would likely force the RTB to be rebuilt from the ground up. ( Should have happened years ago)
 
Persia said:
They can't throw us all in prison and would likely force the RTB to be rebuilt from the ground up. ( Should have happened years ag
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They'll just throw some in prison to frighten the others into obedience

I think anyway that this is the next thing that will happen. They will need to show that they mean business here especially as the Opposition are shouting from the roof tops about rent hikes.
 
Persia said:
What would happen if most Landlords completely ignored this failed incompetent body ( RTB) and set our own rents.
They can't throw us all in prison and would likely force the RTB to be rebuilt from the ground up. ( Should have happened years ago)
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I think just save the results from your query on the website and then you will very easily be able to show they are cac.
 
Greenbook said:
They'll just throw some in prison to frighten the others into obedience

I think anyway that this is the next thing that will happen. They will need to show that they mean business here especially as the Opposition are shouting from the roof tops about rent hikes.
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Nobody will be going to jail :)
#Come to think of it, maybe there should be a mechanism where you submit your new rent to the RTB and then they have to adjudicate on it giving valid reasons and data to support their rejection. Far better system. They need to be able to back up their decisisions properly.
 
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JamieB_ said:
there should be a mechanism where you submit your new rent to the RTB and then they have to adjudicate on it giving valid reasons and data to support their rejection
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They don't want to authorise "market rent". If they did, they could have a better system, giving access to all the data in a town based on type, number of bedrooms... giving all the new tenancies in a town
That's not what they want. They want to keep rents under some control, try to limit the increases.
 
Premos said:
That's not what they want. They want to keep rents under some control, try to limit the increases.
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Exactly.

Imagine a property price register where you were sent a randomly generated list of ten houses and you had to base your sale price off that. No indication of when the houses sold, what their condition is or where they are (my search for a Cork city centre apartment brought up locations 9km away)

The purpose of this is to keep rents at the rent capped level. If it wasn't we'd have a better system. It is not beyond current technology to create one.

This is designed with one purpose only - ensure that new rents aren't set at market.
 
I have a feeling some bright person is going to download the entire database and make it searchable so that it returns all of the properties and orders them whatever way you need it.
 
Another point is that if you are a large landlord, you may only be safely able to raise the rent for the new tenancy by a couple of percent based on what the RTB list produces, but you're now granting a life long permanent tenancy.
 
I am not well up on this but maybe a Data Access Request might be more appropriate
I am sure that there are people on here with more expertise on the matter than me
 
JamieB_ said:
I have a feeling some bright person is going to download the entire database and make it searchable so that it returns all of the properties and orders them whatever way you need it.
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Technically not too hard to create a bot for this, if one could get a list of eircodes for it to start with. Plug them into the RTB register one by one and collate all the responses. However it would probably kill the RTB server or it would be interpreted as a Denial of Service (DOS) attack and they would block the IP of the bot. It would be a fun vibe-coding project.
 
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