Irish Short Term Rental Market Shrinks
New legislation is causing a reduction in the short term rental market in Ireland. A number of Airbnb properties and short term lets have already left the market. Property owners are reportedly closing these operations rather than transitioning to the long term rental market.
Topics
Developing
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Sources · 7 independent
RTÉ Radio 1
“the reality is it has closed down a number of airbnbs or short term lets. A number of posts have already left the market.”
LBC London
“foresee a problem that is going to be a lack of choice. because a lot of people will sell up. So the market will go down and the renting prices will go up.”
RTÉ Radio 1
“Ireland and there's a possibility these Airbnbs will shut down or you know your short-term let will shut down and you'll lose your money”
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