There is so much going on in the world today between the invasion of Ukraine and rising fuel and inflation. It’s certainly turbulent times.
One thing that has remained constant over the last two years is the shrinkage of the supply of rental property and properties for sale.
Waterford Property Market Update January 2022 Liberty blue Estate Agents
In this report, I will give you a brief snapshot of what’s happening in the housing market in Waterford right now.
There is a lot happening in the Waterford property market at the moment…
The Waterford Rental Market
In relation to the residential rental market, in December, legislation capping rent increases at 2% per year in Rent Pressure Zones passed both Houses of the Oireachtas. This new law also provides for tenancies of unlimited duration.
I don’t see this being hugely problematic for landlords. Why not? I hear you say…
If you’re looking for a property to rent out, it’s important to understand the numbers involved. You may have inherited a property and are thinking of letting it. Use the information here to identify if that is a prudent thing to do or if the capital from selling the property could be better invested.
What does the Rent Pressure Zone mean to Waterford landlords? Following the big news about the rollout of the Rent… Read More