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 Post subject: One of every two Dublin properties for tourists
PostPosted: Wed May 16, 2018 7:01 am 
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Of Systemic Importance

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Quote:

More than half of the available rental properties in Dublin are being listed as short-term tourist lets, according to Daft.ie.

The property website, which claims to be responsible for about 90 per cent of long-term lettings in the capital, said it had 1,258 properties available for long-term rental on its site as of Tuesday of this week.

Figures from the independent monitoring website Inside Airbnb showed the stock of properties to let on Airbnb from professional listers, as opposed to people temporarily renting their own homes, stood at 1,419.

This means that 53 per cent of homes in the Dublin rental market are currently not available to long-term tenants, Daft.ie’s Martin Clancy said.



https://www.irishtimes.com/business/eco ... -1.3496502

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 Post subject: Re: One of every two Dublin properties for tourists
PostPosted: Wed May 16, 2018 7:19 am 
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Of Systemic Importance

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Daft.ie’s Martin Clancy wrote:
This means that 53 per cent of homes in the Dublin rental market are currently not available to long-term tenants


No it doesn't! It means that there are the same number of available short term lets as available long term lets, but since the term is different those availabilities are not comparable.

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 Post subject: Re: One of every two Dublin properties for tourists
PostPosted: Wed May 16, 2018 9:13 am 
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Joined: Nov 6, 2006
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http://www.thejournal.ie/daft-rental-re ... 8-Aug2017/

August 2017:
In Dublin there were just 1,100 homes available to rent,
August 2014
compared with 2,000 on the same date in 2014.


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 Post subject: Re: One of every two Dublin properties for tourists
PostPosted: Wed May 16, 2018 9:16 am 
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Single Home Owner

Joined: Jul 31, 2009
Posts: 113
Eschatologist wrote:
Daft.ie’s Martin Clancy wrote:
This means that 53 per cent of homes in the Dublin rental market are currently not available to long-term tenants


No it doesn't! It means that there are the same number of available short term lets as available long term lets, but since the term is different those availabilities are not comparable.


I don't buy that at all. Just searched for a few weeks duration there and 250 rentals pop up - all entire apartments/houses.

I don't mind people renting out their spare room or whatever. Just not the entire property.


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 Post subject: Re: One of every two Dublin properties for tourists
PostPosted: Wed May 16, 2018 9:29 am 
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Of Systemic Importance
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AirBnB under siege in Europe- accounts for 50%+ of Dublin rentals

http://finfacts.ie/Irish_finance_news/a ... entals-838


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 Post subject: Re: One of every two Dublin properties for tourists
PostPosted: Wed May 16, 2018 10:00 am 
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Under CAB Investigation

Joined: Mar 14, 2013
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Tourists stay in houses
Homeless stay in hotels
If only there was a solution to this

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 Post subject: Re: One of every two Dublin properties for tourists
PostPosted: Wed May 16, 2018 11:23 am 
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Too Big to Fail
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werpen wrote:
Tourists stay in houses
Homeless stay in hotels
If only there was a solution to this


I know shouldn't laugh at that but :lol:

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 Post subject: Re: One of every two Dublin properties for tourists
PostPosted: Wed May 16, 2018 1:29 pm 
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Joined: Oct 29, 2007
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Location: Multiverse
Eschatologist wrote:
Daft.ie’s Martin Clancy wrote:
This means that 53 per cent of homes in the Dublin rental market are currently not available to long-term tenants


No it doesn't! It means that there are the same number of available short term lets as available long term lets, but since the term is different those availabilities are not comparable.


Exactly.
I have property currently on daft with a 'minimum 3 month stay'.
That does not make it for tourists.
I can sign a 12 month lease too.


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 Post subject: Re: One of every two Dublin properties for tourists
PostPosted: Thu May 17, 2018 1:18 am 
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Joined: Nov 6, 2006
Posts: 8793
Location: Australia
Do you really believe its having minimal effect?
Stop and check yourself, have you become a vested interest

No shortage of entire apartments and houses up on it
https://www.airbnb.com.au/s/dublin/home ... g=ST7RnSdM

http://insideairbnb.com/dublin/?neighbo ... ings=false


Inside AirBNB has over 3,000 full houses and apartments in Dublin which is 47% of total listings. Listings are over 6,000 which includes hotels, sheds, rooms etc approx. 44% of hosts in Dublin have multiple listings

CANBE Ltd (Superior Hospitality) have 28 listings in Dublin, a host called 'Paul' has almost as many at 25 etc etc. But AirBNB is really just helping the little guys


https://www.dublininquirer.com/2017/03/ ... bnb-hosts/

Quote:
A Dublin City Council report has found that 45 percent of properties listed on Airbnb in its area were “multi-listings” – in other words, the host was advertising more than one property.

“Hosts with multiple listings are unlikely to be living in the property and may be engaged in running a short-term rental business,” the report says.

That’s disputed by Airbnb spokesperson Simon Letouze.



Quote:
In 2015 8,643,100 overseas tourists visited Ireland, a 13.7% increase over the previous years figure of 7,604,400

http://www.cso.ie/en/releasesandpublica ... ruary2016/

Very large increases in people coming over, we are a relatively tiny country with a population that is small compared with even our nearest neighbour and miniscule compared with the EU. Ideally we want loads of tourists to boost the economy but we can be swamped so easily that the likes of Airbnb can completely take out our rental market.

Basically those who own property and work in tourism can run roughshod over everyone else if we keep boosting tourist figures. Dilemma. Pick who you want to win.


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 Post subject: Re: One of every two Dublin properties for tourists
PostPosted: Thu May 17, 2018 9:49 am 
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Property Magnate

Joined: Oct 23, 2011
Posts: 624
werpen wrote:
Tourists stay in houses
Homeless stay in hotels
If only there was a solution to this


Fair point well made.


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