To buy what?In my opinion supply of rental properties needs to be addressed immediately and this should come by way of radical incentives for perspective landlords to buy and current landlords (accidental or not) to stay in the market.
radical incentives for perspective landlords to buy
And making current landlords stay in only increases the number of potential tenants looking to rent.
To buy what?
And making current landlords stay in only increases the number of potential tenants looking to rent.
Cheesecake all you want!"Cheesecake". ?????!!!!!!!
Sorry I couldn't help myself
"radical incentives for perspective landlords to buy".........residential investment property !!!
I don't understand this.
The reverse of this would be to force All current landlords out of the market which would eliminate all potential renters from looking to rent. ???
Some people choose to rent even if they can afford to buy.
I agree that building more is vital, but developers have to be confident that demand is their to purchase their properties. Certainly on the investment side due to the governments draconian policies on landlords, demand has been stifled.
Cheesecake all you want!
I mean houses as you well know. There are none/very little being built. So incentivising potential landlords to get into a market with no supply is just adding fuel to the fire.
How much more materialisation of demand do we need to see???
Basically, what's been said here is either higher house prices (more debt for the house owners, more profit for the builders) or taxpayer funded breaks to the developers. And in Dublin where house prices are growing at close to double digits currently
259,000Excluding holiday homes, there are ~200,000 vacant properties around the country,
Excluding holiday homes, there are ~200,000 vacant properties around the country, 20,000 of these in Dublin.
More sticks, less incentives!
259,000
These figures could be as much as 90% wrong.
Cavan
Housing Stock (Number) 33,875
Vacant holiday homes (Number) 992
Other vacant dwellings (Number) 5,170
Total vacant dwellings (Number) 6,162
Vacancy Rate (%) 18.2
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