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Housing minister signals increase to rental tax credit in Budget
(www.breakingnews.ie)
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this post was submitted on 23 Aug 2023
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Ireland
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Dia dhuit agus failte! I am creating this community because I really liked /r/Ireland, but the decisions that Reddit admins have made regarding API access and the frankly awful way they have treated third party developers and the wider user base have left me wanting an alternative.
Simply put, the worst part about /r/Ireland was Reddit and the direction the company was going in.
So with that said, here is an alternative. A community for the island of Ireland, a place for Ireland and Irish people. I hope to enable discussion about news & current events, where people can ask questions, share memes, and just for general good craic and good vibes. Memes, shitposts, questions, discussions and news are all welcome.
I would ask people to not take the piss please, and if ye are going to post articles, please don't post paywalled ones.
Anyway, suggestions welcome. I hope you enjoy this community.
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So him and his friends can charge more rent and have the rest of us* pay for it. Is anything actually being done to bring prices down?
*I’m not currently paying tax in Ireland, but I’m still pissed off.
His landlord friends can charge what the market permits. Rent pressure zones aren't working. Lately, more new builds (mostly not affordable homes), build to rent and cost rental homes are starting to appear on the market which should bring down demand for, and cost of, rental. Nowhere near enough. Tax breaks might result in more properties being available for rent which will be a factor the cost of renting. But right now, in the current rental market, these tax changes for landlords with only have the effect of increasing the profits of landlords including possibly 80 out of 220 TDs and senators.
https://www.irishtimes.com/politics/2022/08/24/almost-80-tds-and-senators-are-landlords-property-owners-or-both/
Edit: spelling