The latest Residential Tenancies Board report shows a 17% rise in tenant evictions, with 57% due to landlords selling their properties.
While this is often portrayed as landlords “cashing out,” the reality is more complex: Small landlords are leaving in record numbers, squeezed by heavy regulation, high taxation, and mounting costs. As they exit, corporate landlords and institutional investors are taking a larger share of the market – now nearly 14%.
What Does This Mean for Ireland’s Renters?
Tenants are left paying more, with new renters facing €244 extra per month compared to those in existing tenancies.
This trend is not sustainable. If individual landlords continue to withdraw, Ireland risks a shrinking pool of affordable, long-term rental homes.
The IPOA believes that supporting and retaining small landlords is crucial for a healthy, balanced rental sector – one that works for both landlords and tenants.
What’s Your View
Should more be done to keep small landlords in the market?