‘Discriminatory’ rent laws favour overseas funds over private landlords

Property owners’ lobby group told politicians Reits should be subject to a flat 25% tax to level the playing field in the rental sector

Landlords are being ‘unfairly blamed’ for the shortage of rental accommodation, the Irish Property Owners’ Association has said. Picture: Getty

Real estate investment trusts (Reits) should be subject to a flat 25 per cent tax to pay for reduced levies on private landlords, a landlords’ lobby group has told politicians.

The Irish Property Owners’ Association (IPOA) told TDs and senators there was a “real risk” of an oversupply of housing as a result of policies which incentivise overseas funds to invest in the Irish housing market.

In a written submission to members of the Oireachtas ...