The Action Plan for Housing.

So despite all of the experts earlier in this thread who figured renting properties was a piss easy get rich fast scheme, it now seems that the government are going to look at tax breaks for landlords in the next budget because they are exiting the market in their droves and need to be kept on board

According to the IT today there were 716 homes to rent NATIONWIDE.. thats a focking shambles no matter where you stand

Separating the domestic landlords from the professional outfits is a no-brainer. The small fish paying over 50% tax on their rent on top of all landlord fees and the LPT, plus the costs of repairs etc - vs the REITs who are paying 12% minus all of the offsets they can engineer handy
 

TheOutdoorThreadmill

Poster of Savage Greatness.
So despite all of the experts earlier in this thread who figured renting properties was a piss easy get rich fast scheme, it now seems that the government are going to look at tax breaks for landlords in the next budget because they are exiting the market in their droves and need to be kept on board
Imo landlords are leaving in droves because of the current house prices and having to deal with the RTB which are a shambles. Are tax breaks going to keep them there? Don't think so.
 
So despite all of the experts earlier in this thread who figured renting properties was a piss easy get rich fast scheme, it now seems that the government are going to look at tax breaks for landlords in the next budget because they are exiting the market in their droves and need to be kept on board

According to the IT today there were 716 homes to rent NATIONWIDE.. thats a focking shambles no matter where you stand

Separating the domestic landlords from the professional outfits is a no-brainer. The small fish paying over 50% tax on their rent on top of all landlord fees and the LPT, plus the costs of repairs etc - vs the REITs who are paying 12% minus all of the offsets they can engineer handy
A vacant home or vacant site tax has to be part of the solution as well as grants to do up empty town centre properties, but politicians just love car dependent housing schemes on the outskirts of cities.
 

Hank Scorpio

Full Member
So despite all of the experts earlier in this thread who figured renting properties was a piss easy get rich fast scheme, it now seems that the government are going to look at tax breaks for landlords in the next budget because they are exiting the market in their droves and need to be kept on board

According to the IT today there were 716 homes to rent NATIONWIDE.. thats a focking shambles no matter where you stand

Separating the domestic landlords from the professional outfits is a no-brainer. The small fish paying over 50% tax on their rent on top of all landlord fees and the LPT, plus the costs of repairs etc - vs the REITs who are paying 12% minus all of the offsets they can engineer handy

The Irish property owners association has been telling them for years that the level of interference in the market was going to drive people out of the market in their droves.

It fell on deaf ears and predictably enough people are selling up rather than pay exorbitant tax on rental income , pay annual fees to the RTB, be expected to absorb inflationary costs without adjustment to rent and be faced with being unable to evict tenants who wont pay rent or destroy a property.

Opposition love to go on about fatcat landlords but the reality is that rental property is needed and the government have created a situation where those renting no longer want the hassle of it.


They were told this would happen and they just ignored the warnings.
 
So despite all of the experts earlier in this thread who figured renting properties was a piss easy get rich fast scheme, it now seems that the government are going to look at tax breaks for landlords in the next budget because they are exiting the market in their droves and need to be kept on board

According to the IT today there were 716 homes to rent NATIONWIDE.. thats a focking shambles no matter where you stand

Separating the domestic landlords from the professional outfits is a no-brainer. The small fish paying over 50% tax on their rent on top of all landlord fees and the LPT, plus the costs of repairs etc - vs the REITs who are paying 12% minus all of the offsets they can engineer handy
Many small landlords are selling up as they know the scales are heavily tipped in favour of a tenant who may be
refusing to pay rent or is engaging in anti social behaviour,
 
A vacant home or vacant site tax has to be part of the solution as well as grants to do up empty town centre properties, but politicians just love car dependent housing schemes on the outskirts of cities.
Next time you drive through castlemartyr count the derelict buildings on the street, all owned by one business man who refuses to do anything
with them,
 

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