Oireachtas Joint and Select Committees
Tuesday, 20 September 2022
Joint Oireachtas Committee on Housing, Planning and Local Government
Private Rental Sector: Discussion
Paul McAuliffe (Dublin North West, Fianna Fail) | Oireachtas source
That is my point. It seems a bit of a technical matter, but if we make it more attractive for taxation purposes, that does not necessarily impact the overall decision as to how that person manages the property and whether to sell it or not to sell it, or when to sell it.
I turn to a second issue of tenancies offered by the local authorities. There is the possibility of ten-year or 20-year leases. Most businesses, if they were guaranteed even 80% of their turnover for ten years or 20 years, would jump at it, but that has not been attractive to landlords. The question is whether that is because of the day-to-day activities of the landlord or because of the long-term management or speculation of that asset.
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