Oireachtas Joint and Select Committees
Tuesday, 24 May 2016
Committee on Housing and Homelessness
Irish Property Owners Association
10:30 am
Mr. Tom O'Brien:
I will start with Deputy Durkan's questions. There were a number of them. It is difficult to pinpoint what is driving the vacant properties issue. It certainly is a function of the sales that are taking place, whether they are consensual or enforced. There is a mass exit of people leaving the sector despite what Deputy Coppinger says. I accept that the number of tenancies being registered is increasing but the Residential Tenancies Board's numbers show that there is a 25% reduction in the number of landlords since the recession began.