"It'll help for a few months but it's just going to store up evictions, which will happen en masse in the spring, making it even harder to manage. We've already increased protections for tenants. They get several months' notice. It's also going to create other problems. People returning from overseas won't be able to move back into their own houses, and once the ban is lifted we'll see even more landlords selling up for fear of another ban',"
"The laws of unintended consequences dictate that the actions taken by economic decision-makers with a specific objective in mind can lead to unexpected outcomes. In other words, economic policies used by the Government in order to achieve economic objectives may have unexpected outcomes along with the intended ones. Of course, the unintended effects can often be negative. In politics, there is always a danger of a seemingly popular decision having knock-on drawbacks."
The laws of unintended consequences mean economic policies aimed at objectives can produce unexpected, often negative, outcomes. An eviction ban introduced for five months in late October was criticized as storing up evictions that would occur en masse in spring and create problems such as preventing returning residents from reoccupying homes and prompting landlords to sell. Tenant protections had already been increased and tenants receive several months' notice. The exit of smaller landlords reduces rental supply and attractiveness for investment. Interventions like eviction bans and Rent Pressure Zones can dry up institutional funding, contributing to a virtual halt to apartment pro
Read at Irish Independent
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