Lorcan Sirr: There are more than 18,000 houses to rent on Airbnb vs 2,000 on Daft. Something is very wrong
by Analogue_IO
Lorcan Sirr: There are more than 18,000 houses to rent on Airbnb vs 2,000 on Daft. Something is very wrong
by Analogue_IO
21 comments
Lorcan might well know that many of those houses have holiday home permissions and cannot be occupied on a full time basis. Another significant portion are the people who let out their own homes because people are willing to pay. I personally know someone who lets their own (very nice) house out for €1k per night.
It’s twisting and distortion to state that the 18000 houses would be available for long term lettings if Airbnb was gone.
The other thing worth remembering is that Airbnb is so lucrative because the government have taken thousands of hotel beds out of the tourist market.
Obligatory Airbnb shows their total inventory available or not, but Daft only has what’s vacant right now and not the total stock of rentals in the market.
This is the difference between a stock and a flow.
Houses aren’t delisted on Airbnb if somebody books it for 2 nights. It’d be the full stock of houses listed on airbnb.
Whereas houses are only listed on daft when they need a tenant to fill them. Once the house is rented, the ad is taken down.
Plus, Airbnb also includes single rooms in houses.
Airbnb is a plague and should be banned, because it’s clear the regulations on it will never be enforced.
There are over 500,000 long term rented houses in Ireland. I calculated that myself from the total number of houses(units) – the % of owner occupied houses(units). So that’s 3.5% of rental accommodation being on AirBnB at most if every single property on it would otherwise be a long term rental
Airbnb should be banned outright! We are in a housing catastrophe! Disgusting
I was on board with a ban on AirBnb rentals – but – considering the Irish government is insisting on destroying the tourism sector by using hotel rooms for migrants Airbnb might be the only tourist accommodation left.
But the landlords?! How else can they make €1000 a week on five out of six of their spare properties??
Airbnb is a grotesque organisation.
I know of a number perfectly habitable, in fact very desirable appartments in Dublin 2 that are being converted to Air BnB’s by a property developer (the father of a friend). They’ve sat unused for around a year now. The extent of which might be debatable, but I can’t believe people are arguing in this thread that Air BnB isn’t a negative impact on the overall situation
A lot of people are ripping on the writer here but, the overall point is quite strong.
As of today there are nearly 1000 properties available to rent in Dublin City on daft. Some of these daft ads have 3-4 apartments available in the one ad, so I don’t know if all four are counted as one property or separately, but let’s assume it’s counted accurately and separately.
Searching as one person looking for an independent space to rent. No parameters around the numbers of rooms, or any other requirements. Nearly the entire first and second pages is the relatively new super expensive BTR.
Now put in the same parameters starting this weekend, for one months stay in a Dublin City Airbnb. March 1st until March 31st. Independent space for one person.
Even with Saint Patrick’s day in the middle of the month, there are over 300 homes available for a single person or more to rent.
Change the dates to the entirety of May and the number of homes increases to over 500.
Like, in theory, a halt on Airbnb, could increase Dublin’s rental capacity by 50%. Obviously this is back of the napkin stuff, and there is a lot of room for variation either up and down but, that sort of an increase is nothing to be sniffed considering how bad things are at the moment.
Yup something is wrong buuuut try telling the people burning down hotels designated for migrants fleeing a war how it’s all their fault and not greedy Irish or investment fund landlords and why we should keep attacking the most unfortunate while ignoring the most fortunate yet again in history 🤷🏻♂️🤷🏻♂️🤷🏻♂️🤷🏻♂️🤷🏻♂️🤷🏻♂️🤷🏻♂️🤷🏻♂️
If someone owns a house then that person can do what they want with it. It should be no business of the government or anyone else.
It’s being banned in a bunch of progressive EU countries but of course we can’t do that here. As usual it’s vested interests dictating policy.
I live in Vancouver and in recent months British Columbia law has started to crack down on Airbnb due to the impacts on the housing market.
Most areas have a blanket ban on airbnbs that is not the owners primary residence, eg you stay in a room and cannot rent the entire unit. There are exceptions to where this isn’t in effect, some holiday/resort towns.
In a matter of a few weeks we saw average rent drop $300, and the market beginning to see more and more units available! The other benefit is other owners deciding to sell rather than rent and with high interest rates, they’re forced to sell low as no one is buying at this time.
I live in downtown and you would be amazed how dark the apartment blocks would look throughout the year. The same handful of units with their lights on, since this rule came in, there was a noticeable difference of more units in the buildings actually being lived in!
This again.
AirBNB properties are advertised all the time, and many are rooms in homes that are only available temporarily, or unsuitable for long term accommodation.
Daft properties are only advertised when vacant, which is oftentimes not for years at a time. Also many permanently rented properties are rented through word of mouth. When they are advertised, they tend to be up for 24 hours before taken down, due to demand.
I’ve a relative that rents out a house for 1200 a week on Airbnb, 1500 in the summer. It’s in the ass end of no where in particular. Those spikes of income are way, way more valuable then a longterm tenant that might fuckup the place so far as they’re concerned.
Do his figures strip out people putting their home up while on a 2 werk holiday?
Regulate Air BnB , rent to students for 8 months, then let them have a different rate for the summer.
Airbnb is basically a constant number, the ones on Daft are constantly changing so it’s not as outrageous as it initially seems but 18000 seems a very high number that would solve a lot of housing shortfall
Obviously Air bnb is not helping the situation, however if you have a property to rent you can see the appeal
At the end of the day landlords will be landlords. The problem is the government not providing enough affordable social housing.