Have they all remembered to fill it in properly this time?
The wives/partners of the other 4 are also landlords
*”Can’t be fixed overnight”*
I tell you, you try it sometime!
Well paid people invest in property in a country that incentivises investing in property.
Shocked
Edit:
Agree with the replies saying that it’s a conflict of interest and I do take issue with that. Above comment is just stating my lack of surprise that they invest in properties. Tbh I’m actually surprised it’s only 20%.
This sounds bad but probably isn’t out of line for the demographic (middle class professionals).
Surprising NOBODY 😒
Nearly 1 in 5 newspaper articles are recycled rage bait.
How long until we get another PS incremental increase so the papers can trot out the stories about TDs giving themselves a pay increase?
So most TD’s are not landlords… contrary to what everyone here keeps moaning about.
So the real number is 32 of the 174 TDs
It’s turning into actual corruption at this point, crazy
If they’re not prepared to make investing in shares and ETFs more tax efficient then I guess there’s not a lot else they can do with their savings. The pensions already well covered. Their expenses are also not tracked to any great degree so gonna be banking most of the salary lets be honest.
Our elected representatives should be banned from having these conflicts of interest!
Ending the housing crisis requires proper rent controls (a nationwide rent increase cap and a maximum rent set by a rent reference index), abundant public housing, and support for housing co-ops.
But ending the housing crisis requires rents, prices, and profits to fall – with so many TDs (and their partners and family and friends) profiting from these same extortionate prices and rents, they will not vote against those interests.
That’s more a reflection of Irish society, where anyone with a bit of money is funneled towards property investments – with all the downsides of this for society. We need those ETF changes to be made, and we need to encourage investment outside of property.
well well well, profiting from your own decisions and actions is called insider trading and a conflict of interest everywhere else, they also either own the IPAS centers or are getting massive kickbacks
So 1 in 5 TDs are profiting for the crisis they created?
Passive income. It’s literally a no brainer.
> 32 of the 174
That’s hardly any at all and probably much lower than I’d imagine most of the commentators here would have guessed
It’s worth noting that, if they own a company, and that company owns houses etc. they don’t need to list that in the declaration.
What’s interesting is the amount of TDs who declare no shares, land, property etc. You’d wonder what a TD who has been there for ~10 years has been doing with all the money they had been paid…
Here in town like half the councillors are landlords too.
>Hildegarde Naughton included her voluntary participation in a singing trio called Bel Canto
What? Do they have to declare hobbies now too?
If ~20% overall are landlords I wonder what the % are between Government (including the Lowry RIG) and Opposition are? I’m guessing policy is mostly formed by a cohort where a significant number of legislators have skin in the game
Tax the rich.
such an infuriating conflict of interest
Now how many used to be teachers?
Given it is about the only way to invest without being slugged with punitive taxes, it should not be a surprise.
Just remembered what they say about the housing situation that we’re in:
#It cannot be fixed overnight
I wonder if it has something to do with this. Surely not and this is just pure coincidence. As do the housing shortage that is happening for decades now. s/
the rest are homeowners
It explains so much, doesn’t it? 🫤😳🫠
This is properly disgusting and should be illegal and punished. “investing” by buying up whatever houses pop up. They’re farming
So the vast majority are not landlords then. Got it.
I am surprised the number isn’t higher. The vast majority of TDs are from outside Dublin and get allowances/grants to help purchase properties up there. Many of our current TDs were elected before so they will already have second properties, of course they are going to rent it out for the long holidays when they are not in the capital.
The headline is framed to rage bait and drive clicks/circulation. If people want to have a debate about the morality of owning more than one dwelling fair enough.
But all TDs are on generous six-figure salaries plus expenses and in many cases that is only their second job. I would expect relatively high earners like them to be comfortably able to own and finance more than one property.
Regardless of profession I would be concerned if a person never made serious money with relatively low expenses was not able to finance another property.
One of the problems is that alternative investments like shares/pension funds are overtaxed and provide limited returns, that is why so many people are flooding into property.
I feel this is a conflict of interest. Why would our TDs work to reduce rents when they benefit from keeping them at an all time high. Removing rent pressure zones now on top of it..
20% in very high. From my friends and family group, I only know 1 landlord. Imagine 1/5 of your friends were landlords. This is definitely going preventing reform and positive change.
One in five adults over a certain age are probably landlords in general so this is a whole lot of nothing. People would be complaining if there were no landlords but they are necessary, I don’t care what their full time jobs are to be honest.
39 comments
OH NO!!!
Have they all remembered to fill it in properly this time?
The wives/partners of the other 4 are also landlords
*”Can’t be fixed overnight”*
I tell you, you try it sometime!
Well paid people invest in property in a country that incentivises investing in property.
Shocked
Edit:
Agree with the replies saying that it’s a conflict of interest and I do take issue with that. Above comment is just stating my lack of surprise that they invest in properties. Tbh I’m actually surprised it’s only 20%.
This sounds bad but probably isn’t out of line for the demographic (middle class professionals).
Surprising NOBODY 😒
Nearly 1 in 5 newspaper articles are recycled rage bait.
How long until we get another PS incremental increase so the papers can trot out the stories about TDs giving themselves a pay increase?
So most TD’s are not landlords… contrary to what everyone here keeps moaning about.
So the real number is 32 of the 174 TDs
It’s turning into actual corruption at this point, crazy
If they’re not prepared to make investing in shares and ETFs more tax efficient then I guess there’s not a lot else they can do with their savings. The pensions already well covered. Their expenses are also not tracked to any great degree so gonna be banking most of the salary lets be honest.
Our elected representatives should be banned from having these conflicts of interest!
Ending the housing crisis requires proper rent controls (a nationwide rent increase cap and a maximum rent set by a rent reference index), abundant public housing, and support for housing co-ops.
But ending the housing crisis requires rents, prices, and profits to fall – with so many TDs (and their partners and family and friends) profiting from these same extortionate prices and rents, they will not vote against those interests.
That’s more a reflection of Irish society, where anyone with a bit of money is funneled towards property investments – with all the downsides of this for society. We need those ETF changes to be made, and we need to encourage investment outside of property.
well well well, profiting from your own decisions and actions is called insider trading and a conflict of interest everywhere else, they also either own the IPAS centers or are getting massive kickbacks
So 1 in 5 TDs are profiting for the crisis they created?
Passive income. It’s literally a no brainer.
> 32 of the 174
That’s hardly any at all and probably much lower than I’d imagine most of the commentators here would have guessed
It’s worth noting that, if they own a company, and that company owns houses etc. they don’t need to list that in the declaration.
What’s interesting is the amount of TDs who declare no shares, land, property etc. You’d wonder what a TD who has been there for ~10 years has been doing with all the money they had been paid…
Here in town like half the councillors are landlords too.
>Hildegarde Naughton included her voluntary participation in a singing trio called Bel Canto
What? Do they have to declare hobbies now too?
If ~20% overall are landlords I wonder what the % are between Government (including the Lowry RIG) and Opposition are? I’m guessing policy is mostly formed by a cohort where a significant number of legislators have skin in the game
Tax the rich.
such an infuriating conflict of interest
Now how many used to be teachers?
Given it is about the only way to invest without being slugged with punitive taxes, it should not be a surprise.
Just remembered what they say about the housing situation that we’re in:
#It cannot be fixed overnight
I wonder if it has something to do with this. Surely not and this is just pure coincidence. As do the housing shortage that is happening for decades now. s/
the rest are homeowners
It explains so much, doesn’t it? 🫤😳🫠
This is properly disgusting and should be illegal and punished. “investing” by buying up whatever houses pop up. They’re farming
So the vast majority are not landlords then. Got it.
I am surprised the number isn’t higher. The vast majority of TDs are from outside Dublin and get allowances/grants to help purchase properties up there. Many of our current TDs were elected before so they will already have second properties, of course they are going to rent it out for the long holidays when they are not in the capital.
The headline is framed to rage bait and drive clicks/circulation. If people want to have a debate about the morality of owning more than one dwelling fair enough.
But all TDs are on generous six-figure salaries plus expenses and in many cases that is only their second job. I would expect relatively high earners like them to be comfortably able to own and finance more than one property.
Regardless of profession I would be concerned if a person never made serious money with relatively low expenses was not able to finance another property.
One of the problems is that alternative investments like shares/pension funds are overtaxed and provide limited returns, that is why so many people are flooding into property.
I feel this is a conflict of interest. Why would our TDs work to reduce rents when they benefit from keeping them at an all time high. Removing rent pressure zones now on top of it..
What is the this the 1/5th house of Lords!
No wonder there are so many…
[https://www.revenue.ie/en/personal-tax-credits-reliefs-and-exemptions/land-and-property/rprir/index.aspx](https://www.revenue.ie/en/personal-tax-credits-reliefs-and-exemptions/land-and-property/rprir/index.aspx)
20% in very high. From my friends and family group, I only know 1 landlord. Imagine 1/5 of your friends were landlords. This is definitely going preventing reform and positive change.
One in five adults over a certain age are probably landlords in general so this is a whole lot of nothing. People would be complaining if there were no landlords but they are necessary, I don’t care what their full time jobs are to be honest.
Comments are closed.