Oireachtas Joint and Select Committees

Wednesday, 29 November 2023

Committee on Budgetary Oversight

Tax Expenditures in Budget 2024: Department of Finance

Ms Clare Costello:

The data we have seen heretofore is that since quarter 2 of 2022, approximately 24,000 notices of termination have been issued. The reason for those being issued on average - about 60% of the time - is because the landlord wants to sell the property. Therefore, when looking at a counterfactual, it will be looking at, in the absence of this measure, whether there has been any change in the make-up of the landlords in the market or any change in the number of properties available to let. We will look at the different data sources and what the CSO or the RTB can provide us with respect to data.