There has been much talk on the pin that RA acts as an artificial floor for rental market.
However some Landlords are prepared to rent at below these levels but will not accept RA tenants.
Daft search for 2 bed apartments with max rent of €800.(232)
Current RA for 2 bed in Dublin €875
I think this will make for interesting times
Right, so those 232 apartments are likely to be rented by whom?
Working people, right? After all, those on RA can get better.
So, we have in theory 232 people in the city who get off their holes to flip burgers or clean jaxx every day, and as a reward they get to rent properties that are less desirable than RA properties?
If this was (yet another) attempt to prove that everything in the garden is rosy LL, it has failed. It merely highlights yet another fucked-up anomaly that the Troika will eventually insist we fix.