Colm Lauder: It’s no surprise that landlords are fleeing and funding has dried up

Our new columnist, Goodbody’s former head of real estate equity research, says a form of tax credit is one proposed solution to keep small landlords in the market

Michael Stanley, chief executive of Cairn Homes: listed Irish housebuilders Cairn Homes and Glenveagh Properties have shifted much of their focus to the state sector. Picture: Feargal Ward

Most major property investment markets have undergone significant re-pricing since mid-2022.

Construction and energy costs have risen significantly against the backdrop of the war in Ukraine and the end of the Covid-19 pandemic.

In response to consumer price increases, the ECB, with extraordinary speed, lifted key interest rates from 0 per cent to the current 4.5 per cent.

As a result, financing costs ...