How does Airbnb impact on Dublin’s rental market?
Louisa McGrath, in the Dublin Inquirier, reports:
As it is, the number of Irish hosts offering up places to stay has more than doubled every year since 2010.
The company’s latest figures show that Airbnb stays in Ireland increased 187 percent between April of last year and April of this year. And Dublin, the most popular spot in the country for Airbnb guests, hosted 240,000 visitors last year.
Airbnb says it had 4,700 listings in Dublin last month, an increase of more than 1,000 since January.
So how many of these properties are entire dwellings, apartments or houses that could house permanent residents at a time when Dublin’s housing stock is inadequate to meet demand?
Quite a lot of them, according to Inside Airbnb, an independent data project that draws statistics and information from the Airbnb website to highlight the make-up of Airbnb properties around the world.
As of January, of the 3,117 properties listed in Dublin city, 47.1 percent – or 1,469 – were entire homes or apartments, Inside Airbnb’s statistics show. (Airbnb didn’t provide these figures when asked.)
Inside Airbnb’s figures also highlight that well over a third of the city’s hosts have multiple listings.
Previously: No Room For Swinging Cats