They are fleeing to the market, with the current cost of rent good money to be made 😏. If only the government didn’t listen to their whims and introduce rent control and no fault evictions.
There are so few rental properties that the price has gone way up and multiple people are having to share the same room in a property.
Landlords are leaving the market and people are now sharing rooms in the remiainig properties.
>“The RTB primarily relies on data reported by landlords through registration processes. In contrast, the [Central Statistics Office] gathers information through self-reported censuses,” they said.
>
>A spokesperson for the Central Statistics Office (CSO) said: “The census may include more informal letting arrangements and would generally be completed by the tenant whereas RTB registrations are made by the landlord.”
Self-reporting does not work.
> Also, it is entirely plausible that some small landlords who were previously registered, dropped out of compliance because dealing with the RTB became a massive hassle, he says.
> “The process is convoluted, even for a good estate agent, there are a lot of hoops to jump through to do tenancy registration,” says Thompson.
I have been registered with the RTB for a long time and the process is trivial. It was convoluted one year, when they changed systems or something and we had to enter everything again from scratch, but otherwise it’s a few clicks and a payment.
4 comments
They are fleeing to the market, with the current cost of rent good money to be made 😏. If only the government didn’t listen to their whims and introduce rent control and no fault evictions.
There are so few rental properties that the price has gone way up and multiple people are having to share the same room in a property.
Landlords are leaving the market and people are now sharing rooms in the remiainig properties.
>“The RTB primarily relies on data reported by landlords through registration processes. In contrast, the [Central Statistics Office] gathers information through self-reported censuses,” they said.
>
>A spokesperson for the Central Statistics Office (CSO) said: “The census may include more informal letting arrangements and would generally be completed by the tenant whereas RTB registrations are made by the landlord.”
Self-reporting does not work.
> Also, it is entirely plausible that some small landlords who were previously registered, dropped out of compliance because dealing with the RTB became a massive hassle, he says.
> “The process is convoluted, even for a good estate agent, there are a lot of hoops to jump through to do tenancy registration,” says Thompson.
I have been registered with the RTB for a long time and the process is trivial. It was convoluted one year, when they changed systems or something and we had to enter everything again from scratch, but otherwise it’s a few clicks and a payment.