Post by High Priestess on Aug 5, 2016 14:59:15 GMT
See the article:
www.newstalk.com/Dublins-Airbnb-market-is-out-of-control
There are currently over 2,000 Dublin properties available on Airbnb's website alone, and the news has been greeted with criticism this morning.
Frank McDonald, chairman of Temple Bar Residents' Association and a former Irish Times editor, told Newstalk Breakfast that there was "no doubt" that the current situation was out of control.
McDonald said:
"Dublin is facing a major housing crisis. In fact, I would say it's an emergency at this stage, with the local authorities expected to spend about €40m this year accommodating homeless families in hotel rooms.
"And at the same time we have this huge growth in the number of apartments and houses that are being let out for short-term use, for holiday use, via Airbnb and other agencies."
"Don't forget, if you look up the www.Daft.ie website (which features long term rentals in Ireland), you will find that there are only 1,200 to 1,300 apartments for letting to live in in the city at the moment.
"And yet there are well over 2,000 available for short-term holiday use.
"That is something that is, in my opinion, a deeply antisocial phenomenon at a time when the city has a housing crisis"
IT's so unfortunate that so many facts get left out of discussions like these. For instance, the fact that in many areas of the world, a "housing crisis" has been many decades in the making, as regions have failed to build sufficient housing to meet demand. In a great many areas this failure to build sufficient housing is in part attributable to government regulations. Regional laws don't always favor development. REgional laws also don't always favor property owners in comparison to long term tenants, which results in many property owners being less willing to deal with long term tenants.
As global population climbs, the number of people seeking long term housing on the one hand, and short term lets on the other, will both increase. (ANd as most of those who are hosts realize, it's not an antisocial tendency that leads property owners to favor the shorter term rentals!) Hence the housing crunch is more likely to be an issue in touristic destinations like Dublin, Paris, London.
Many cities are passing laws prohibiting short term lets that aren't in the owner's primary residence, and that seems somewhat reasonable in touristic cities where this housing crunch is worst -- but it should also be pointed out that private property owners should not be held responsible and/or penalized for government's failure to build adequate housing, nor for the fact of global population expansion. Laws prohibiting short term lets on listings which are not owner's primary residences, also will not themselves create the amount of long term housing needed for the future. Governments need to start planning for the future in this respect, and stop seeking to perennially cast blame on Airbnb hosts.
www.newstalk.com/Dublins-Airbnb-market-is-out-of-control
There are currently over 2,000 Dublin properties available on Airbnb's website alone, and the news has been greeted with criticism this morning.
Frank McDonald, chairman of Temple Bar Residents' Association and a former Irish Times editor, told Newstalk Breakfast that there was "no doubt" that the current situation was out of control.
McDonald said:
"Dublin is facing a major housing crisis. In fact, I would say it's an emergency at this stage, with the local authorities expected to spend about €40m this year accommodating homeless families in hotel rooms.
"And at the same time we have this huge growth in the number of apartments and houses that are being let out for short-term use, for holiday use, via Airbnb and other agencies."
"Don't forget, if you look up the www.Daft.ie website (which features long term rentals in Ireland), you will find that there are only 1,200 to 1,300 apartments for letting to live in in the city at the moment.
"And yet there are well over 2,000 available for short-term holiday use.
"That is something that is, in my opinion, a deeply antisocial phenomenon at a time when the city has a housing crisis"
IT's so unfortunate that so many facts get left out of discussions like these. For instance, the fact that in many areas of the world, a "housing crisis" has been many decades in the making, as regions have failed to build sufficient housing to meet demand. In a great many areas this failure to build sufficient housing is in part attributable to government regulations. Regional laws don't always favor development. REgional laws also don't always favor property owners in comparison to long term tenants, which results in many property owners being less willing to deal with long term tenants.
As global population climbs, the number of people seeking long term housing on the one hand, and short term lets on the other, will both increase. (ANd as most of those who are hosts realize, it's not an antisocial tendency that leads property owners to favor the shorter term rentals!) Hence the housing crunch is more likely to be an issue in touristic destinations like Dublin, Paris, London.
Many cities are passing laws prohibiting short term lets that aren't in the owner's primary residence, and that seems somewhat reasonable in touristic cities where this housing crunch is worst -- but it should also be pointed out that private property owners should not be held responsible and/or penalized for government's failure to build adequate housing, nor for the fact of global population expansion. Laws prohibiting short term lets on listings which are not owner's primary residences, also will not themselves create the amount of long term housing needed for the future. Governments need to start planning for the future in this respect, and stop seeking to perennially cast blame on Airbnb hosts.