Readers Blog: Good landlords penalised by Government’s rental policies

The Irish Property Owners Association (IPOA) wish to clarify the recent publicity about rent increases including this week’s Quarterly Report by the Residential Tenancies Board.

The Irish Property Owners Association (IPOA) wish to clarify the recent publicity about rent increases including this week’s Quarterly Report by the Residential Tenancies Board.

Chairman Stephen Faughnan says that the increases are based on new rentals only and “there is a lack of understanding that existing rentals may be up to 50% less than the new lettings” which are based mainly on new developments by multi-national investors who are not here for the long haul, unlike the traditional landlord.