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No economic gain for landlords in selling rentals, says O'Brien

Source: m.independent.ie

Ireland's Housing Minister Darragh O'Brien urges landlords not to sell rental properties amid economic pressures.
He claims there's no economic benefit for landlords selling now, as they would face higher costs to re-rent or buy back later.
Landlords should seek free advice from the Residential Tenancies Board (RTB) before deciding.

Ireland's Housing Minister Darragh O'Brien is telling landlords facing higher taxes and regulations not to rush into selling their rental homes. He argues that selling now won't save money because replacement rentals or future purchases would cost even more due to rising market prices. This comes as the government pushes policies to keep more homes available for renters in a tight housing market, directly affecting landlords and tenants across the country.