Ennis Auctioneer Claims Landlord Exiting Market Contributing To Pension Time Bomb

Photo (c) DAPA Images via Canva.com

An Ennis Auctioneer claims the high number of landlords leaving the market is contributing to the pension ‘time bomb’.

The latest figures from the Residential Tenancies Board show a 58% increase in notices to quit in the first six months of this year.

The board says the figures are driven by landlords selling properties and leaving the market.



Diarmuid McMahon from Sherry Fitzgerald McMahon says an imbalance in the availability of properties available to rent or buy and the subsequent increase in prices will lead to problems down the road.

Listen back to the full interview here: