Government warned rental market is in 'state of crisis' as landlords sell up

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The Government has been warned the rental market is in a “state of crisis” as landlords are selling up their homes leaving renters facing homelessness. IPAVireland

The Government has been warned the rental market is in a “state of crisis” as landlords are selling up their homes leaving renters facing homelessness.

He said non-institutional or private landlords have seen an increasing diminution of their rights over a number of years without any balancing obligations on tenants.“It results in the Local Authority immediately stopping its portion of the payment to the landlord and the landlord is left without any rental income.

“However, it is imperative that any reform of the tax burden on landlords is strictly linked to increased security of tenure for private renters, including ten-year lease agreements.” Meanwhile, the president of the Union of Students in Ireland has said that the Government must introduce legislation which offers protection to student renters.

She said: "We'd like to see legislation that protects student renters and ensures that their purpose-built student accommodation doesn't get its use changed to private use accommodation or just as holiday rental accommodation.

 

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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