Landlords must be incentivised not to sell properties, says IPOA

A report released last week suggested that two in five residential property sales initiated during the last three months of 2022 were landlords leaving the rental market. Picture: Colin Keegan, Collins Dublin

Landlords will continue selling up, taking rental properties off the market permanently, unless they’re given the “right incentives” by the Government, a representative body has warned.

The Irish Property Owners Association has said the State needs to take “bold, urgent” action rather than persisting with “menial tweaks to the system which only incentivise landlords to sell up”.