One in four small landlords have indicated their plans to leave the rental market in the next five years.
That’s according to data from the Residential Tenancies Board, which has appeared before the Oireachtas Housing Committee today.
Its survey also found most small landlords do no not manage properties full time, while 90 percent have had a positive experience with their tenants.
The Chairman of the RTB also told TDs and senators that complex legislation can give rise to unintentional non-compliance by the public
Tom Dunne, has outlined some preliminary findings of the organisation’s Rental Sector Survey during an appearance at the Oireachtas housing committee today.
The sale of a property is one reason that renters can be asked to leave their home and there is concern over the departure of landlords from the market and the impact on supply amid a housing crisis.
Nearly all small landlords rent out properties part-time and it is not their primary source of income, the rental watchdog has told the Oireachtas housing committee.