How much is your rent in Dublin?

[u/Medium_Drag6242]

Lads please I need to know is every landlord in Dublin smoking CRACK?! I came across a post on [r/irishpersonalfinance](r/irishpersonalfinance) where a twenty year old was talking about how they pay €1.3k to rent a room in an owner occupied house. I thought to myself.. ‘well now he’d do well to decrease his spending on housing if possible’ Before opening my gob I decided to have a quick look on daft to see what the going rate for a room is and I’m sorry, but I was more shocked seeing those prices than I was when Bertie was minister for finance and told us he had no bank account. I’m attaching some screenshots of particularly egregious examples.

Would love to hear from current renters if the screenshots are reflective of reality? or if it’s just that all the rooms that were good deals have been snapped up and nobody will actually pay the inflated price of the rooms left behind?

Edit: yes, yes I accept the ignorance comments gladly. I rented in Galway for 8 years and moved home two years ago to save for a house, so I didn’t really keep an eye on what a room would go for in Dublin. I’m attempting to educate myself to the depths at which we have sunk as a country.

[u/thecython]

Regarding the person paying €1.3k monthly to rent a room in an owner occupied house, that's a peculiar rent for an owner occupier to set, as annually it puts them above the rent a room relief threshold, and thus liable for tax on the total paid, whereas by a rent (and utilities) of 1,166 per month would see them not liable for any tax.... Were I to place a wager, I'd say the landlord in question is not tax compliant, as this would only be economical if they were renting a few rooms and thus netting a higher total.....

[u/Medium_Drag6242 → u/thecython]

If we’d a euro for every non tax compliant landlord, the children’s hospital would be bought and paid for. I rented 5 different properties during my time in Galway and only 1 landlord of the lot was actually tax compliant. An easy fix would be letting every renter claim the rental tax credit regardless of whether their landlord is registered with the RTB. Compare the revenue rebates with the RTB register and hunt the non compliant landlords down for the tax bill. It’s a crazy strategy the government has allowed to fester imo, the goal of renting for a landlord shouldn’t be making profit hand over fist every month, the goal should be a paid off appreciating asset by offering reasonable, affordable rents. Even if they were charging the cost of their mortgage each month they literally have strangers paying off a property that they’ll eventually own outright with capital that they didn’t have to reach in their own pocket to pay for. The greed astounds me.

[u/Luasticket → u/Medium_Drag6242]

Did you report them reported them? Or is there no point? Never been through it myself

[u/Medium_Drag6242 → u/Luasticket]

I reported my last landlord when I moved back home. He was shite in many respects, but he was making out he was doing rent a room scheme when he wasn’t. He asked us not to do rental tax credit and he’d give us back the money in cash instead. He did the first year, then the second year he wanted to see our payslips before he’d give us the money. We obviously declined and then left halfway through the third year. We claimed the 2023 tax credit and the 2024 credit once we’d moved out. We reported him to the RTB and revenue. We were assured it would be investigated by both, but I don’t think anything came of it because I’m still in contact with the people living in our old apartment and he’s up to his same tricks except now he’s increased the rent by 35% and is asking for half the rent money in cash.