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Irish Mirror
Irish Mirror
National
Louise Burne

Taoiseach Leo Varadkar says 'demonisation of landlords' has caused higher rents

Taoiseach Leo Varadkar has said that a “false argument” is being made that there is a “conflict” between the rights of landlords and their tenants.

He argued that the “demonisation of landlords” in recent years has led to higher rents and fewer properties in the rental market.

He made the comments the day after the Government announced that the eviction ban would be lifted from March 31.

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The decision was primarily driven by concern that keeping the ban in place would drive more landlords from the market.

This has led to criticism that the Government has favoured the rights of landlords over the rights of tenants.

The Taoiseach dismissed this argument, warning that landlords and tenants depend on each other.

Mr Varadkar said: “One of the errors that is easily made in prescribing solutions to the housing crisis is only looking at one aspect of it and not seeing how everything is interlinked and how one action here can actually make things worse there.

“That is something we had to give consideration to. “I think there's kind of a false argument being made at the moment that there's a conflict between the rights of landlords and the rights of renters. “Renters need landlords and landlords need renters.

“What's happened in the past number of years is 40,000 landlords have left the market and they haven't been replaced by new landlords.

“That's why people are in such long queues looking at a property when it becomes available.

“That's why rents for properties that are new to the market are so high, because there are so few and we need to get landlords back into the market.

“We need to stem out the number that are leaving.

“When we made the decision that we did, we were taking into account primarily the interests of people who are renting and who are tenants or are future renters. Not just the interest of landlords.”

The Taoiseach maintained that the Government has taken measures to help landlords, such as mortgage interest relief.

He continued: “There has been a demonisation of landlords by our political system. It hasn’t worked.

“In fact, it caused harm. It made rents higher. It’s made fewer properties available. It’s really hurting people.”

The Taoiseach said that the Government “cannot be afraid” to introduce measures for landlords that will both encourage them to stay on in the market and encourage new landlords to enter.

This comes as Dáil records confirm the Taoiseach is now a landlord as he rents out his old house.

Varadkar’s latest Register of Interests lodged to the Dáil’s official website on 24 February declare his new status as a landlord, or ‘lessor,’ as he prefers to call it, under the 'Occupation' heading.

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