Tuesday, 23 July 2019

Ceisteanna (2929, 2930)

Pearse Doherty

Ceist:

2929. Deputy Pearse Doherty asked the Minister for Housing, Planning and Local Government the number of rental properties. [33506/19]

Amharc ar fhreagra

Pearse Doherty

Ceist:

2930. Deputy Pearse Doherty asked the Minister for Housing, Planning and Local Government the breakdown of rental properties by type of ownership, for example, institutional investors, private landlords and so on; the number of units of each; and the percentage this comprises of total rental properties in tabular form. [33507/19]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Housing)

I propose to take Questions Nos. 2929 and 2930 together.

The Residential Tenancies Board (RTB) Annual Report 2018, which contains 2018 data on rented properties, was laid before the Houses of the Oireachtas earlier this week and will be published on the RTB website early next week.

The following table outlines details in relation to tenancies registered with the RTB at the end of 2018:

Registered Tenancies

Total number of registered tenancies

336,890

Number of registered AHB tenancies

29,542

Number of registered private rented tenancies

307,348

Number of landlords registered

173,197

Number of occupants in registered tenancies*

695,142

The number of occupants is self reported by the landlord on the registration form.

While exact data on the number of institutional investors are not available, the table below shows that almost 86% of the registered rental housing stock is possessed by landlords with less than 10 properties, which suggests that the overall percentage of stock held by institutional investors is relatively low.

Table: Percentage of tenancies held by landlords in 2018

Cumulative No of Tenancies per Landlord

Cumulative % Tenancies

Up to 1

39.5%

Up to 2

57.4%

Up to 3

66.8%

Up to 4

72.7%

Up to 5

76.9%

Up to 6

80.1%

Up to 7

82.6%

Up to 8

84.3%

Up to 9

85.9%

10+

14.1%

The Clerk of the Dáil requested that arrangements be put in place to facilitate the provision of information by State Bodies to members of the Oireachtas. Following the issue of Circular LG (P)05/16 on 20 September 2016 from my Department, the Residential Tenancies Board (RTB) set up a dedicated email address for this purpose, at OireachtasMembersQueries@rtb.ie.