Post by High Priestess on Oct 1, 2018 15:27:03 GMT
About 900 to 1000 AIrbnb listings will be effected by the plan to ban "income properties" from being able to be used as STRs in Dublin, and this move could expand to more of Ireland. Only those who are offering rooms in the house they live in, (or, potentially, renting out their own whole primary residence while they are away) would be able to do short term rentals.
Such limits on "secondary" or non-hosted properties already exist in many US cities and Toronto. In effect, we're seeing limits drawn on the "professional investor" style Airbnb host and listing, where people buy more and more properties to make them into short term rentals.
www.thejournal.ie/airbnb-regulations-ireland-3-4259732-Sep2018/
www.independent.ie/business/commercial-property/airbnb-reveals-900-homes-on-site-are-longterm-rentals-37368095.html
Though I tend to be libertarian and in general believe that people should have the freedom to do what they want with their own property, I have also had concerns about large-scale real estate investors getting into the hosting business. I am content with the host who owns one or two additional properties, renting those as short term rentals, but I admit being somewhat uncomfortable reading, as I do in some host community groups, about the host saying "I just closed on my 10th Airbnb property today!" or saying they have 15 to 20 whole homes they own to rent out.
Many hosts now are bragging what a huge business they are creating for themselves -- which reminds me of Scott Shatford's book on how to make it big as an Airbnb entrepreneur -- www.amazon.com/Airbnb-Experts-Playbook-Six-Figures-Rentalpreneur-ebook/dp/B00J3BIU72/ref=sr_1_1 --- and I have to say, this strikes me as just not in the original spirit of Airbnb hosting. For me, as well, it seems different for someone to take properties they already own, and use them as short term rentals, versus going out to buy more and more places just to set them up as short term rentals. I would not draw a sharp boundary at in-home hosting vs whole property hosting, as I think people ought to be able to use their 2nd or even 3rd property as a short term rental, if they so choose. But I'm just saying that at some point, I begin to lose empathy for the host when they accumulate more and more and more properties just to use as STRs.
I think that in vacation areas where it's standard for people to rent whole homes to go on vacation, it makes sense to allow people to rent out multiple secondary properties as short term rentals. But in large cities where there is a housing shortage, I would draw the limit at one or two secondary properties per owner.
Such limits on "secondary" or non-hosted properties already exist in many US cities and Toronto. In effect, we're seeing limits drawn on the "professional investor" style Airbnb host and listing, where people buy more and more properties to make them into short term rentals.
www.thejournal.ie/airbnb-regulations-ireland-3-4259732-Sep2018/
www.independent.ie/business/commercial-property/airbnb-reveals-900-homes-on-site-are-longterm-rentals-37368095.html
Though I tend to be libertarian and in general believe that people should have the freedom to do what they want with their own property, I have also had concerns about large-scale real estate investors getting into the hosting business. I am content with the host who owns one or two additional properties, renting those as short term rentals, but I admit being somewhat uncomfortable reading, as I do in some host community groups, about the host saying "I just closed on my 10th Airbnb property today!" or saying they have 15 to 20 whole homes they own to rent out.
Many hosts now are bragging what a huge business they are creating for themselves -- which reminds me of Scott Shatford's book on how to make it big as an Airbnb entrepreneur -- www.amazon.com/Airbnb-Experts-Playbook-Six-Figures-Rentalpreneur-ebook/dp/B00J3BIU72/ref=sr_1_1 --- and I have to say, this strikes me as just not in the original spirit of Airbnb hosting. For me, as well, it seems different for someone to take properties they already own, and use them as short term rentals, versus going out to buy more and more places just to set them up as short term rentals. I would not draw a sharp boundary at in-home hosting vs whole property hosting, as I think people ought to be able to use their 2nd or even 3rd property as a short term rental, if they so choose. But I'm just saying that at some point, I begin to lose empathy for the host when they accumulate more and more and more properties just to use as STRs.
I think that in vacation areas where it's standard for people to rent whole homes to go on vacation, it makes sense to allow people to rent out multiple secondary properties as short term rentals. But in large cities where there is a housing shortage, I would draw the limit at one or two secondary properties per owner.