Private landlords will ‘flee market’ due to tax policy

Private landlords will ‘flee market’ due to tax policy

Latest figures from the Residential Tenancies Board show tenancies registered by private landlords fell by nearly 6,000 to 307,348 in 2018

The Institute of Professional Auctioneers & Valuers (IPAV) has warned the end is in sight for many private landlords unless tax treatment improves.

Latest figures from the Residential Tenancies Board (RTB) show tenancies registered by private landlords fell by nearly 6,000 to 307,348 in 2018. This is likely to be the tip of the iceberg and figures will almost certainly worsen this year.

“Reality is dawning very slowly at policy level,” said IPAV chief executive Pat Davitt.

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