Ms Ann-Marie O'Reilly:

From a practical point of view, what has been proposed would be incredibly difficult. If someone from the RTB was here, they would probably be crying because you would have to make sure no notice was issued by the landlord. Would the tenant have to lodge the notice of termination with the RTB? The landlord would have to send a document to the RTB saying he or she is increasing the rent on certain grounds to make sure it is all kosher. There is that practical element. How on earth do you determine market rent in a rent pressure zone? Under legislation, three comparable properties are supposed to be used, which is difficult. How do you do it in a rent pressure zone where supposedly those properties have only been increased by the legally permitted amounts since 2016, though we know that is probably not the case? This comes back to the fact that rent regulation should never be a long-term mechanism.

There is constant speak of landlords who kept their rents low and now are missing out and not making as much money. The rhetoric seems to be they are not making as much money as the guy who brought a property two years ago. They are not losing money or in debt, though some may be-----