With rent increasing is now the time to buy a 2nd property from the bank

They care.
About votes.
And pensions.
And their own mini property portfolios.

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Only 20 towns above 20,000 people? Is there a list in there I can’t read it.

Great news

Whats the gist of the story are Air B n Bs good or bad? Good for tourism bad for the housing crisis? Probably a balance to be struck

AirBnB’s Irish headquarters makes it tricky.

I would have just banned it in the cities first and see what the impact is

It’s the rural independents make it tricky. Requiring people to get planning permission for Air BNB across the board is a no brainer from a housing perspective.

From a tourism perspective, if air bnbs were gotten rid of it would direct more people to hotels, bnbs, which would support more business. Also get more people living in smaller towns or villages. So from a rural Ireland perspective it seems obvious that getting rid of air bnb would be in their interests but instead we are promoting the interests of landlordslike Healy rae raking it in off air bnb.

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To play devils advocate here, is there not a massive shortage of hotels and is pricing for hotels already insanely expensive?
What about people who want to rent a house on their holidays rather than a hotel?
Will we end up losing tourists and damaging these towns?

The hotels are full of homeless people and the homes are full of tourists :thinking:

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Short term versus long term. If air bnb were gone you’d have more business for hotels and bnbs. More importantly you’d have more accommodation to allow people live in towns and villages full time. The phenomenon of towns and villages in the west of Ireland being emptied out by holiday homes vacant most of the year is well established. Ireland is long at or above its capacity for tourism during peak season, the only extra tourism we want is during shoulder or off season. Also, it doesn’t need to be an outright ban on air bnb. Require planning permission for it across the board and let councils decide on what’s needed.

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Government: “ok, we recognize there’s a housing crisis, but we’re going to continue to prioritise a small number of landlords that are raking it in off air bnb over the needs of the tens of thousands of people desperately in need of accommodation.”

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Now you’ve got it.

Is this not great for you? You can go on pretending that Air BnB is some big issue.

Good piece here on the diametrically opposed interests of a small number of landlords like Michael Healy Rae and the general population.

Data in the paper also shows that occupancy rates in the short-term letting sector are low, with analysis of 2024 figures suggesting they range from as low as 3 per cent to a high of 36.2 per cent in properties in Dublin during August of that year.

So these units are generally contributing little or nothing to the tourism industry. Failte Ireland say elsewhere that there is bed capacity in the rest of the system to pick up the amount of nights these units are actually used.

Fáilte Ireland suggesting that 10,000 of these could be brought back into the long-term property market after regulatory reform. Of that figure, about a third are expected to be in Dublin.

Tim says air bnb is not a big issue - which is obviously stupid of him. Failte Ireland say 10k units could be brought back to long term letting. 10k units at the stroke of a pen is undoubtedly a big issue in a state where we’re struggling to break 30k new build units a year.

The State has broken 30k a year three years in a row. 36k this year. “Struggle”?

No the point is it’s a relatively short term boost and doesn’t warrant the attention it gets. We have a controlled situation where it occurred (Covid) and it had a marginal impact.

This is really important in a city that is short perhaps 50,000 rental homes given underlying need. The one off “win” of two or three thousand homes moving from short-term lettings is over and is just 5 per cent of the shortage.

That’s at best for 3,000 units in Dublin. It’s almost certainly lower. Dimwits point to the 9/10 above but need to pro rata that- if a student housing unit is used over the summer for Air BnB then it appears in that 9/10, but it’s not going to be fresh supply to the market.

We are likely talking about closer to 2.5% of Dublin’s shortage. It warrants discussion but not the amount of attention it gets. The bigger issue with Air BnB is the micro impact it has on residential blocks and indeed in some central locations as they were not built for tourists.

Only a dimwit would argue against bringing 10k properties to the long term rental market. Or argue that 10k rentals is insignificant.

You call people dimwits and then go on to make a false statement that is directly contradicted by Failte Ireland in the above article. What a dimwit.

I’ve never argued against Air BnB regulations. All I’ve said is that the impact is overstated and that you don’t have any idea of what numbers would actually come “back”.

Well you made stupid false assertions above and more of them here so maybe you should just admit you don’t have the first clue about it?

What false assertions? That a whole property is let out is obvious, but you need to dig down into it and ask when that whole property is let out.

Renters in Dublin are already paying 62 per cent of their net income in rent, according to the European Commission.

With the ongoing turmoil around the world this provides total amnesty for the government (in their eyes) for again failing to meet housing targets. It will be a catch all for their total ineptitude.

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