Sir, – John McManus writes that the “exodus of small landlords from the market has been greatly exaggerated” (Opinion, December 15th). He refers to a Residential Tenancy Board’s recent telephone survey of a sample 500 small landlords. According to the survey, “less than 4 per cent” of small landlords are “taking steps to sell their properties”.
However, the beginning of his article mentions a Society of Chartered Surveyors warning that “40 per cent of sales in the final three months of 2022 involved landlords selling investment properties”. He also quotes a Sherry FitzGerald report “which said the exit of landlords reduced the number of available tenancies by nearly 22,000 between 2016 and 2020″.
Given all of the above, is it not reasonable to assume that there has indeed been an exodus? – Yours, etc,
SEAN KEAVNEY,
Your top stories on Friday: Warnings issued as Storm Bert set to batter Ireland; the false election promises being made to under-40s
Johnny Watterson: Conor Niland’s The Racket is a seminal book in the sports genre
Ballsbridge mews formerly home to Irish musician for €1.95m
‘I could have gone to California. At this rate, I probably would have raised about half a billion dollars’
Castleknock,
Dublin 15.