Ken O'Flynn (Cork North-Central, Independent Ireland Party)
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177. To ask the Minister for Enterprise, Trade and Employment whether his Department is tracking capital outflows from Ireland to property investment in the United Kingdom, particularly from former Irish landlords; and if he will make a statement on the matter. [54485/25]

Peter Burke (Longford-Westmeath, Fine Gael)
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This information is not collected by my Department. To the best of my knowledge, this data is also not collected by the Central Statistics Office. More generally, matters relating to international capital flows fall within the remit of the Department of Finance and the Central Bank of Ireland. Issues concerning housing investment and related policy areas, are a matter for the Department of Housing, Local Government and Heritage. My Department will continue to monitor macro-financial developments using the available official statistics and research, and will continue to engage with the relevant agencies on data needs as they arise.

Ken O'Flynn (Cork North-Central, Independent Ireland Party)
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178. To ask the Minister for Enterprise, Trade and Employment if any economic assessment has been made of the impact of private landlord exits on local economies, employment in property services, and consumer spending; and if he will make a statement on the matter. [54486/25]

Peter Burke (Longford-Westmeath, Fine Gael)
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The latest data available from the Residential Tenancies Board for Q2 2025 shows that there has been an increase in the total number of landlords to 104,072 – up from 103,823 in Q2 2024 and 96,702 in Q2 2023. Focusing on the number of landlords with a smaller number of tenancies (under 3 tenancies) – there has been an increase in the number of landlords in this category from 85,250 in Q2 2023 to 91,614 in Q2 2025.

More broadly there continues to be an increase in the share of larger landlords (including AHBs and institutions) in the rental market – with landlords with over 50 tenancies making up 17.43% of registered tenancies in Q2 2025, compared to 12.95% in Q2 2023. This data shows that on a net basis, the number of small landlords is now growing – however, there has been comparatively stronger growth in the number of large landlords in the rental market. This trend implies that the underlying composition of tenancies is changing, with AHB and institutional landlords comprising an increasing share the total. This could be attributed to the prevalence of built-to-let developments and increasing activity from AHBs.

The changing composition of tenancies may affect the demand for various property services. A number of commentators across the real estate sector have suggested that the demand for services such as tenant sourcing and lease negotiation may make up a smaller share of the property services market. but this does not necessarily imply declining employment in these areas as the number of total tenancies continues to increase.

The impact of landlord exits on consumer spending is not clear. In part, this will depend on decisions regarding the application of the proceeds from any sale. Equally, this will depend on cost implications for any tenant affected by a landlords decision to sell and any consequent increase in rent payable - or a decision to relocate elsewhere - could negatively impact on consumer spending in a given locality.