Oireachtas Joint and Select Committees

Tuesday, 5 December 2023

Joint Oireachtas Committee on Housing, Planning and Local Government

General Scheme of the Residential Tenancies (Right to Purchase) Bill: Discussion

Mr. Patrick Davitt:

Yes. Even before regulation in Ireland, even if a property was under-rented, you had the option to put it up to market rent if you wanted to, so a landlord or another investor would have no fear of buying that property. Now they would have a fear buying that property because they are caught by the past rent on the property, unless they take it out of the market for two years, so you are caught in a situation. If there is no rent restriction then you could put the property up to market rent yourself.