Results 2,441-2,460 of 5,948 for speaker:Paul McAuliffe
- Joint Oireachtas Committee on Housing, Planning and Local Government: Private Rental Sector: Discussion (20 Sep 2022)
Paul McAuliffe: I will bring Deputy Gould in. We will try to get the witnesses out early. They have been here for a long time.
- Joint Oireachtas Committee on Housing, Planning and Local Government: Private Rental Sector: Discussion (20 Sep 2022)
Paul McAuliffe: That completes our round. Three speakers have indicated, Deputies Gould, Ó Broin and myself, with seven minutes each, which will bring us to the end. I call Deputy Gould to speak now, please.
- Joint Oireachtas Committee on Housing, Planning and Local Government: Private Rental Sector: Discussion (20 Sep 2022)
Paul McAuliffe: The Deputy is giving the witnesses 40 seconds to answer.
- Joint Oireachtas Committee on Housing, Planning and Local Government: Private Rental Sector: Discussion (20 Sep 2022)
Paul McAuliffe: All Deputy Ó Broin's seven minutes were questions. He should allow the witnesses to reply.
- Joint Oireachtas Committee on Housing, Planning and Local Government: Private Rental Sector: Discussion (20 Sep 2022)
Paul McAuliffe: It is 5.47 p.m. I have a seven-minute slot now, which brings us to a five-minute slot for Senator Cummins.
- Joint Oireachtas Committee on Housing, Planning and Local Government: Private Rental Sector: Discussion (20 Sep 2022)
Paul McAuliffe: I notice the seven minutes Senator Cummins did not need are being utilised. Two people are indicating now as well. I will allow Ms O'Reilly, Ms McCormick and Mr. Duggan to come in on that point. I hope I get my seven minutes.
- Joint Oireachtas Committee on Housing, Planning and Local Government: Private Rental Sector: Discussion (20 Sep 2022)
Paul McAuliffe: Senator Cummins's slot did take seven minutes.
- Joint Oireachtas Committee on Housing, Planning and Local Government: Private Rental Sector: Discussion (20 Sep 2022)
Paul McAuliffe: That will bring it to two Sinn Féin slots and two Government slots. My equilibrium buzz is happy. I will focus on the third theme in my question about why landlords are leaving the markets or, as has been asked, are they leaving the markets? It is interesting that nearly everything we talked about points to the fact that housing is a connected infrastructure. We talked about giving...
- Joint Oireachtas Committee on Housing, Planning and Local Government: Private Rental Sector: Discussion (20 Sep 2022)
Paul McAuliffe: Mr. Davitt has had the chance to air that point. My question is whether they are leaving the market and why.
- Joint Oireachtas Committee on Housing, Planning and Local Government: Private Rental Sector: Discussion (20 Sep 2022)
Paul McAuliffe: Will Mr. Davitt revert to my question?
- Joint Oireachtas Committee on Housing, Planning and Local Government: Private Rental Sector: Discussion (20 Sep 2022)
Paul McAuliffe: So Mr. Davitt is saying 50% of properties sold at the moment are landlords exiting the market.
- Joint Oireachtas Committee on Housing, Planning and Local Government: Private Rental Sector: Discussion (20 Sep 2022)
Paul McAuliffe: Help me understand why they are coming to that decision.
- Joint Oireachtas Committee on Housing, Planning and Local Government: Private Rental Sector: Discussion (20 Sep 2022)
Paul McAuliffe: Not every landlord selling is coming out of a dispute. There are landlords selling not as a selling of a dispute.
- Joint Oireachtas Committee on Housing, Planning and Local Government: Private Rental Sector: Discussion (20 Sep 2022)
Paul McAuliffe: Mr. Davitt is saying a significant portion of landlords who are selling are doing so as a result of poor experiences in the RTB.
- Joint Oireachtas Committee on Housing, Planning and Local Government: Private Rental Sector: Discussion (20 Sep 2022)
Paul McAuliffe: Are they selling because they believe they are selling at a below-market rate because of the rent-pressure-zone limitations on the rental price?
- Joint Oireachtas Committee on Housing, Planning and Local Government: Private Rental Sector: Discussion (20 Sep 2022)
Paul McAuliffe: Are the people in that scenario with active mortgages and borrowings against their properties or are they people who have cleared their borrowings?
- Joint Oireachtas Committee on Housing, Planning and Local Government: Private Rental Sector: Discussion (20 Sep 2022)
Paul McAuliffe: I realise this is anecdotal. For whatever reason, landlords are making a decision to sell. I am trying to get an overall picture of why that is. In part, Mr. Davitt is saying it is because they believe the chargeable rent is below the market rent rate.
- Joint Oireachtas Committee on Housing, Planning and Local Government: Private Rental Sector: Discussion (20 Sep 2022)
Paul McAuliffe: Is it people who are coming with their hands up and saying that they cannot cope with being landlords anymore and that they do not want to be landlords?
- Joint Oireachtas Committee on Housing, Planning and Local Government: Private Rental Sector: Discussion (20 Sep 2022)
Paul McAuliffe: I think Deputy Ó Broin made the point that maybe it is not sustainable for some landlords to continue because they are not able to absorb the administrative burden that comes with being a landlord. Given that we have now made the standards for landlords more professional, is it that some people will exit the market as a direct result of that new administrative level, which many people...
- Joint Oireachtas Committee on Housing, Planning and Local Government: Private Rental Sector: Discussion (20 Sep 2022)
Paul McAuliffe: IPAV represents those involved in commercial property letting as well as people who engage in residential property letting. In the commercial setting, there is a great deal of regulation. For example, if leases go beyond four years and eight months, there is the renewal of business rights, etc. Commercial letting continues to be a productive sector. Can one compare the two markets?