Oireachtas Joint and Select Committees

Thursday, 7 December 2023

Joint Oireachtas Committee on Housing, Planning and Local Government

General Scheme of the Residential Tenancies (Right to Purchase) Bill: Discussion (Resumed)

Mr. Liam Smyth:

When we look at introducing tenant rights and liaising with the Office of the Attorney General, there are always the constitutionally protected property rights of landlords. To balance rights between landlords and tenants, we always wind up finding exemptions. This is an exemption that it was felt was required to protect people who may have invested in, let us say, nine properties purely as rental and they want to sell them on. They do not want to sell them with one tenant in one of them. They want to sell them vacant and get the best price possible. If we gave one tenant this right, it would reduce the value of the overall nine properties of the landlord.