By the sounds of things none of these people should be landlords.
They will also make a killing selling their properties.
I have zero sympathy for their ”plight”.
The government needs to build housing and phase out HAP.
There is no justification and no excuse for tenants trashing the house they‘re living in and/or refusing to even engage with regard to paying rent.
*Last year I had a tenant refuse to pay rent for 15 months, citing the Residential Tenancies Board’s instructions, as posted out to all rental properties, to cease paying during Covid. He refused to engage, eventually leaving with rent outstanding.*
What the fuck?
Some of these read like very entitled people complaining because their rental isn’t acting as passive an income as they thought. On the other hand, people who destroy rental properties are scum and there’s no call for it all.
All the idiotic pressure in small landlords has moved them out – so insteps the vultures , the commercial landlord companies who are the worst and monopolise the market – well done knuckle heads
Im not a landlord FYI. In fairness these types of landlords are not the problem. If these landlords are forced out then we will have nothing but vulture fund owned properties and the problem will only get even worse. Seems like a lot of people are angry at the word landlord, it doesnt matter if the earned a second home or inherited it or whatever they are deemed the same as the billionaire investor who is ruining the country. Don’t cook the good to feed the bad.
You’ve to get to the second last one before you read someone who isn’t either a cunt or a clueless eejit:
>‘Our property still represents an excellent investment asset’
>
>We’ve rented out our former home in Ranelagh for more than 10 years. We held on to it because it offered by far the best available reliable income, notwithstanding the fact that we are higher-rate taxpayers. We’ve always had excellent tenants. (In one case they did all minor repairs themselves, never bothering us.) There is some work involved, and as we don’t both work full time this is manageable. Typically, tenants stayed for about three years before moving into a more permanent home. Over 10 years the rent has increased by about 12.5 per cent. It has probably been below market in the last two years due to rent controls. Net income before tax is between 90 and 95 per cent of gross income, as expenses are modest. Obviously, net income after tax works out at about half this, and I’d estimate the current net rental return at about 2.5 per cent. Our property still represents an excellent investment asset, with regular income and a strong likelihood of continued capital appreciation over the medium to long term.
All the rest fail to realise that the taxation system is fair for them and every other ordinary Joe – you pay Income Tax etc on your operating profit but you can’t claim the principle part of your mortgage repayments or enhancement expenditure because these eventually are a relief against CGT.
Just look at all the different tax rates quoted to see the ignorance on show. These people should not be landlords for the reason that they do not have a realistic expectation of the work and expense involved in it or a reasonable knowledge of the taxation system.
Instead of giving tax breaks to these landlords, the tax breaks for foreign companies involved in the rental market should be ceased. Use the money saved to build council flats and houses that are open to everyone to live in and charge rent based on tenant’s income. The private housing market in this country has been broken since its inception and does nothing but transfer wealth from ordinary people and the state to private rentiers.
This highlights the dilemma I have since moving in with my partner. Do I continue to pay for a house I don’t live in, do I rent it out because at some point may have to move back there or sell it?
Reading horror stories like this makes me want to sell, however it gets harder to get fresh mortgage as we get older.
Not every ‘landlord’ is a business trying to rip off tenants…landlords do need more protection from nightmare tenants.
The entire rental system is a balls. It doesn’t give enough protection to the good tenant but gives far too much to the bad one.
If I was a landlord I would be doing a huge amount of research on tenants and asking for references like they do in London cause if you get a bad one in you’re fucked. Leave the place in a kip, don’t pay rent and you’ll spend 18 months trying to get them to leave
I maintain the biggest issue with renting in Ireland is that it isn’t treated as a business by most landlords.
Too many landlords expect it to be a safe stable income that they can just leave alone. This is how you get landlords who just don’t know how to manage a property or deal with any issues, leading to conflict with tenants.
Flip side is tenants who just wanna take the utter piss can do so cause the landlord they’re dealing with hasn’t a clue.
I don’t like landlords, but for god sake don’t be a shitty tenant either, it only gives them ammo.
Wow, comments here are spicy. Do I feel sympathy for the landlords in this piece, of course I do, a lot of them had a bad experience but I aware that these people are ones who have come forward about their bad experiences with tenants and renting after being asked about it. Ask people to come forward with their stories about bad landlords and the price would be never ending. I remember one old landlord I had who was a Garda, had 12 houses and stacked all of them with students. Christ he was an almighty greedy prick. But I also had good landlords in the past who treated me fairly.
My landlord didn’t fix my heating for three months in a really cold lockdown January.
The plumber had been plenty of times, only when I asked her was he certified did she actually call somebody from the boiler company.
We need overall better regulations for both parties. In Germany, the laws protects tenant + landlord. You also have long-term leases too. I couldn’t imagine the stress of having a family + living in rented accommodation here. Being kicked out and then needing to find new schools etc too.
Obviously some landlords get absolutely shafted too where a tenant can stop paying rent and you’re chasing them for 2 years just to get them out. Not even get your money back.
A few of the stories here were a bit odd though. Like the person saying ‘I spent 12000 euro on a new bathroom/shower in the house and I can’t raise the rent’. I wonder what she was expecting the raise to be? Like I’d be happy with a neat tidy shower and some fresh paint. If my landlord said ‘I’m going to put some marble his and her wash sinks for you, that’s going to be an extra 100 euro a month’. I wouldn’t exactly be happy considering I never asked for it.
There should be a black list for tenants like this
> This was supposed to be a retirement pension. Instead it’s a retirement black hole.
This is the fucking problem, you have entire generations of people who were sold on the idea of “rent out a property sure, its easy money!” and have no kind of meaningful fallback plan and an expectation that their lifestyle shouldn’t need to change to adapt to their economic circumstance.
I see a lot of people harping on about how often the loudest complaining about renting are financially fucking clueless, and that is often quite true, but its clear that cuts both ways. There are plenty of people acting as landlords who have no fucking idea what they’re doing at the best of times.
Ive had seventeen landlords. Only 3 were bad or problematic in some way. Some of my housemates or building mates were also scummy or selfish. Others were fine. Id say if you get a mean landlord it can be hell and likewise if a tenant never pays rent and/or fucks your house up with cement in the sink/bath pipes or watercress growing on the carpet thats hell too for the landlord.
It is really surprising how many false statements are in this article. For example one claims that they pay 51% tax on rental income, and they can not deduct their own mortgage from it.
This is directly contradicting what [revenue.ie](https://revenue.ie) is stating on their site. I wonder how many more lies are in these *very real and not in any way astroturfed* testimonials.
Even though I sympathise with these landlords with the difficulties they face there are far more
horrible stories of landlords who don’t treat their tenants right, who won’t fix problems they are responsible for and are extorting the market with high rents for years. This is why it’s so heavily regulated against them because they have much more power and responsibility. The regulation was born out of the history of past landlords behaviour that was started. Not out of thin air or without base like the article is trying to suggest.
There is also a huge black market of landlords in Ireland who ask tenants to pay in cash rather than bank transfer who are avoiding paying taxes. I have seen lots of suspicious landlords who even work in banks that do this. A practise I bet a lot of these landlords take part in
Anyone who rents in Dublin knows how horribly maintained most apartments are that are packed to the brim with tenants by landlords trying to squeeze profit. It’s not a secret which is partly why they are getting so much attention.
We shouldn’t be rewarding them with tax cuts either because of their behaviour. Instead that should be going to the nurses, doctors that have worked 16hour shifts during the pandemic and to this day or the students who are being forced to travel to colleges in Dublin from Galway because their accommodation is being bought up for refugees.
Thought this was a WW article
Looks like IT edited the piece to remove one of the more damning stories. I’ll paste it below. Every day I find new reasons to hate landlords.
“A friend told me a story of a property near him that was left to a married adult child after the parent died. The couple decided to rent it. Things went fine for a few months until the rent was not being paid. The tenant told the landlord, “Eff off, take it to the RTB.” The landlord went to the local guards to seek advice, only to be told, “Take it to the RTB, not our jurisdiction.” But outside the station a garda gave him a number to ring on a strictly confidential, “I never gave you this number” basis. The contact told him on the phone that he specialised in solving such problems for a fee. The contact turned out to be a guy who went to the property and requested payment of rent and arrears. On being told to eff off, the tenant found himself on his back on the front lawn, and within 30 minutes the lot had fled. The happy landlord then spruced up the house and sold it. That’s Ireland today: no homes for people, energy blackouts looming, health system under severe pressure, etc, despite being one of the wealthiest nations on Earth”
Fucking sob stories. How about the IT interview the price gouging bastard landlords who wont paint the gaff or fix anything?
A lot of bitter, twisted little weirdos on this sub. God knows what would happen to yiz if ye ever saw some sunlight.
Irish Times rehashing it’s headline from 1847.
My landlord is raising my rent by €1 over the legal limit (rent pressure zone) I’m not going to fight it because what’s the point, but how tf does that get past the RTB? Protection for tenants my arse
Oh poor me im charging insane rent and people have the cheak to complain about broken stuff! How dare they! Yea f@ck landlords
27 comments
well this should go down well here.
By the sounds of things none of these people should be landlords.
They will also make a killing selling their properties.
I have zero sympathy for their ”plight”.
The government needs to build housing and phase out HAP.
There is no justification and no excuse for tenants trashing the house they‘re living in and/or refusing to even engage with regard to paying rent.
*Last year I had a tenant refuse to pay rent for 15 months, citing the Residential Tenancies Board’s instructions, as posted out to all rental properties, to cease paying during Covid. He refused to engage, eventually leaving with rent outstanding.*
What the fuck?
Some of these read like very entitled people complaining because their rental isn’t acting as passive an income as they thought. On the other hand, people who destroy rental properties are scum and there’s no call for it all.
All the idiotic pressure in small landlords has moved them out – so insteps the vultures , the commercial landlord companies who are the worst and monopolise the market – well done knuckle heads
Im not a landlord FYI. In fairness these types of landlords are not the problem. If these landlords are forced out then we will have nothing but vulture fund owned properties and the problem will only get even worse. Seems like a lot of people are angry at the word landlord, it doesnt matter if the earned a second home or inherited it or whatever they are deemed the same as the billionaire investor who is ruining the country. Don’t cook the good to feed the bad.
You’ve to get to the second last one before you read someone who isn’t either a cunt or a clueless eejit:
>‘Our property still represents an excellent investment asset’
>
>We’ve rented out our former home in Ranelagh for more than 10 years. We held on to it because it offered by far the best available reliable income, notwithstanding the fact that we are higher-rate taxpayers. We’ve always had excellent tenants. (In one case they did all minor repairs themselves, never bothering us.) There is some work involved, and as we don’t both work full time this is manageable. Typically, tenants stayed for about three years before moving into a more permanent home. Over 10 years the rent has increased by about 12.5 per cent. It has probably been below market in the last two years due to rent controls. Net income before tax is between 90 and 95 per cent of gross income, as expenses are modest. Obviously, net income after tax works out at about half this, and I’d estimate the current net rental return at about 2.5 per cent. Our property still represents an excellent investment asset, with regular income and a strong likelihood of continued capital appreciation over the medium to long term.
All the rest fail to realise that the taxation system is fair for them and every other ordinary Joe – you pay Income Tax etc on your operating profit but you can’t claim the principle part of your mortgage repayments or enhancement expenditure because these eventually are a relief against CGT.
Just look at all the different tax rates quoted to see the ignorance on show. These people should not be landlords for the reason that they do not have a realistic expectation of the work and expense involved in it or a reasonable knowledge of the taxation system.
Instead of giving tax breaks to these landlords, the tax breaks for foreign companies involved in the rental market should be ceased. Use the money saved to build council flats and houses that are open to everyone to live in and charge rent based on tenant’s income. The private housing market in this country has been broken since its inception and does nothing but transfer wealth from ordinary people and the state to private rentiers.
This highlights the dilemma I have since moving in with my partner. Do I continue to pay for a house I don’t live in, do I rent it out because at some point may have to move back there or sell it?
Reading horror stories like this makes me want to sell, however it gets harder to get fresh mortgage as we get older.
Not every ‘landlord’ is a business trying to rip off tenants…landlords do need more protection from nightmare tenants.
The entire rental system is a balls. It doesn’t give enough protection to the good tenant but gives far too much to the bad one.
If I was a landlord I would be doing a huge amount of research on tenants and asking for references like they do in London cause if you get a bad one in you’re fucked. Leave the place in a kip, don’t pay rent and you’ll spend 18 months trying to get them to leave
I maintain the biggest issue with renting in Ireland is that it isn’t treated as a business by most landlords.
Too many landlords expect it to be a safe stable income that they can just leave alone. This is how you get landlords who just don’t know how to manage a property or deal with any issues, leading to conflict with tenants.
Flip side is tenants who just wanna take the utter piss can do so cause the landlord they’re dealing with hasn’t a clue.
I don’t like landlords, but for god sake don’t be a shitty tenant either, it only gives them ammo.
Wow, comments here are spicy. Do I feel sympathy for the landlords in this piece, of course I do, a lot of them had a bad experience but I aware that these people are ones who have come forward about their bad experiences with tenants and renting after being asked about it. Ask people to come forward with their stories about bad landlords and the price would be never ending. I remember one old landlord I had who was a Garda, had 12 houses and stacked all of them with students. Christ he was an almighty greedy prick. But I also had good landlords in the past who treated me fairly.
My landlord didn’t fix my heating for three months in a really cold lockdown January.
The plumber had been plenty of times, only when I asked her was he certified did she actually call somebody from the boiler company.
We need overall better regulations for both parties. In Germany, the laws protects tenant + landlord. You also have long-term leases too. I couldn’t imagine the stress of having a family + living in rented accommodation here. Being kicked out and then needing to find new schools etc too.
Obviously some landlords get absolutely shafted too where a tenant can stop paying rent and you’re chasing them for 2 years just to get them out. Not even get your money back.
A few of the stories here were a bit odd though. Like the person saying ‘I spent 12000 euro on a new bathroom/shower in the house and I can’t raise the rent’. I wonder what she was expecting the raise to be? Like I’d be happy with a neat tidy shower and some fresh paint. If my landlord said ‘I’m going to put some marble his and her wash sinks for you, that’s going to be an extra 100 euro a month’. I wouldn’t exactly be happy considering I never asked for it.
There should be a black list for tenants like this
> This was supposed to be a retirement pension. Instead it’s a retirement black hole.
This is the fucking problem, you have entire generations of people who were sold on the idea of “rent out a property sure, its easy money!” and have no kind of meaningful fallback plan and an expectation that their lifestyle shouldn’t need to change to adapt to their economic circumstance.
I see a lot of people harping on about how often the loudest complaining about renting are financially fucking clueless, and that is often quite true, but its clear that cuts both ways. There are plenty of people acting as landlords who have no fucking idea what they’re doing at the best of times.
Ive had seventeen landlords. Only 3 were bad or problematic in some way. Some of my housemates or building mates were also scummy or selfish. Others were fine. Id say if you get a mean landlord it can be hell and likewise if a tenant never pays rent and/or fucks your house up with cement in the sink/bath pipes or watercress growing on the carpet thats hell too for the landlord.
It is really surprising how many false statements are in this article. For example one claims that they pay 51% tax on rental income, and they can not deduct their own mortgage from it.
This is directly contradicting what [revenue.ie](https://revenue.ie) is stating on their site. I wonder how many more lies are in these *very real and not in any way astroturfed* testimonials.
Edit: here are the expense items that you can deduce, mortgage interest is here. [https://www.revenue.ie/en/property/rental-income/irish-rental-income/what-expenses-are-allowed.aspx](https://www.revenue.ie/en/property/rental-income/irish-rental-income/what-expenses-are-allowed.aspx)
Even though I sympathise with these landlords with the difficulties they face there are far more
horrible stories of landlords who don’t treat their tenants right, who won’t fix problems they are responsible for and are extorting the market with high rents for years. This is why it’s so heavily regulated against them because they have much more power and responsibility. The regulation was born out of the history of past landlords behaviour that was started. Not out of thin air or without base like the article is trying to suggest.
There is also a huge black market of landlords in Ireland who ask tenants to pay in cash rather than bank transfer who are avoiding paying taxes. I have seen lots of suspicious landlords who even work in banks that do this. A practise I bet a lot of these landlords take part in
Anyone who rents in Dublin knows how horribly maintained most apartments are that are packed to the brim with tenants by landlords trying to squeeze profit. It’s not a secret which is partly why they are getting so much attention.
We shouldn’t be rewarding them with tax cuts either because of their behaviour. Instead that should be going to the nurses, doctors that have worked 16hour shifts during the pandemic and to this day or the students who are being forced to travel to colleges in Dublin from Galway because their accommodation is being bought up for refugees.
Thought this was a WW article
Looks like IT edited the piece to remove one of the more damning stories. I’ll paste it below. Every day I find new reasons to hate landlords.
“A friend told me a story of a property near him that was left to a married adult child after the parent died. The couple decided to rent it. Things went fine for a few months until the rent was not being paid. The tenant told the landlord, “Eff off, take it to the RTB.” The landlord went to the local guards to seek advice, only to be told, “Take it to the RTB, not our jurisdiction.” But outside the station a garda gave him a number to ring on a strictly confidential, “I never gave you this number” basis. The contact told him on the phone that he specialised in solving such problems for a fee. The contact turned out to be a guy who went to the property and requested payment of rent and arrears. On being told to eff off, the tenant found himself on his back on the front lawn, and within 30 minutes the lot had fled. The happy landlord then spruced up the house and sold it. That’s Ireland today: no homes for people, energy blackouts looming, health system under severe pressure, etc, despite being one of the wealthiest nations on Earth”
Fucking sob stories. How about the IT interview the price gouging bastard landlords who wont paint the gaff or fix anything?
A lot of bitter, twisted little weirdos on this sub. God knows what would happen to yiz if ye ever saw some sunlight.
Irish Times rehashing it’s headline from 1847.
My landlord is raising my rent by €1 over the legal limit (rent pressure zone) I’m not going to fight it because what’s the point, but how tf does that get past the RTB? Protection for tenants my arse
Oh poor me im charging insane rent and people have the cheak to complain about broken stuff! How dare they! Yea f@ck landlords