Lower tax rates are needed to keep small landlords in the market, claim surveyors
Not all the data supports the notion that landlords are currently leaving the sector at a faster rate than they used to. Illustration: Getty
The Coalition must introduce lower tax rates for small landlords as a way to keep them in the market and not further exacerbate the rental crisis, the Society of Chartered Surveyors Ireland (SCSI) has claimed in a submission to government.
In its pre-budget submission, the SCSI said Rent Pressure Zones had the unintended consequences of restricting new supply and delaying investment decisions necessary to expand rental accommodation for tenants.