Oireachtas Joint and Select Committees

Tuesday, 15 July 2025

Joint Oireachtas Committee on Housing, Local Government and Heritage

Issues Facing the Residential Rental Sector: Discussion

2:00 am

Mr. Patrick Davitt:

The Deputy referred to 3,000 notices of termination and those leaving the marketplace. That figure may well be correct. We first brought this issue to the Government in 2018 when landlords were leaving the marketplace. Many people did not believe it then but we have seen a lot of landlords leaving since. The problem for many landlords is that if they are getting a low rent for a property, there is nothing they can do. How do they get that rent up? They cannot change it and there is no timeframe to change it. To sell the property they have to get vacant possession, so they have to give a notice of termination. That is a problem in the marketplace that we need to address. We would then not be looking at the 3,000 notices of termination the Deputy referred to,

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