‘Pound For Pound, Dublin Is The Best Returning Market…In 24 Cities’

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Saints, Scholars and Short-Term Lets: The Reality of AirBnB in Ireland,

A new documentary by PushPull Media Collective.

They write:

August 2018, in the midst of a nationwide housing emergency, there are roughly 10 times the available housing stock for rent on AirBnB in Dublin City as there are on Ireland’s leading property website daft.ie.

For this short documentary, we speak to those affected by AirBnB, from individuals being evicted to make way for AirBnB, to local business owners who cannot find housing for their staff due to short-term lets, to those on the front line campaigning for a change in this unregulated space. San Francisco Tenants Union filled us in on their experiences with AirBnB and the recent regulations that have been put in place there.

We also got the inside track from a company that services AirBnB properties in Dublin, who explain how they maneuver around London’s AirBnB regulations and how they anticipate doing the same in Dublin if regulations are enacted here.

PushPull Media Collective

23 thoughts on “‘Pound For Pound, Dublin Is The Best Returning Market…In 24 Cities’

  1. small ads

    A stonking tax on AirBnB over a certain basic level would surely be in order? Or a law change so you couldn’t effectively change use to hotel and retain residential levels of tax and rates?

    1. Brother Barnabas

      both of those things are already in place – 52% tax over fairly modest level, and already confirmed that letting a property on Airbnb etc constitutes change of use so requires commercial planning permission

      just needs enforcement

  2. George

    “local business owners who cannot find housing for their staff due to short-term lets” – what neo-liberal codswallop is this? Local businesses don’t house their employees, employees do it themselves. The problem is that people can’t find a place to live not that businesses cannot find a place to store their workers while they are not in use.

    1. Lobster

      It is linked in a way. My salary request for my current job went up by by a couple of grand using the housing situation as justification. I’m lucky to be in a position to make these requests, but I’m not alone in it. Definitely had an impact on my employer!

      1. Col

        I think employers in certain locations are trying to entice staff with specific experience from outside the area to come and work for them.
        This is very difficult when there is limited accommodation available for prospective staff.

      1. johnny

        the ‘troll’ part is literally the most amusing and comical thing I’ve read in awful long time:)

        “I was made a fool of in 2014-15 by a troll who was stalking McDonald, and I am furious.
        McDonald is “frankmcdonald60” on Twitter. He is being stalked by a disgusting troll impersonator, “frankmcdonal60”, whose name is identical, whose picture is identical, and whose username is identical except for a hard-to-see missing “d”.

        What makes this guy a troll, not a parody, is that he really tries to fool people, even his own “side”, that he is the real McDonald. He jumps into McDonald’s conversations with sneaky tactics so you think McDonald has replied.

        I was embarrassed and angry to be told in July 2015 that one of my criticisms of McDonald, on my site since Aug 2014, was in fact a fraud. I was quoting the troll.

        I want to apologise to McDonald for attributing the words of the troll to him. Apologies.”

        1. bisted

          …not so long ago there were three of those ‘friends of israel’ at the cabinet table…only Charlie Flanagan now…

  3. phil

    I thought FG was all about the market? I guess people are using AirBnB because they get better returns? If they were to get better returns for renting to citizens Im sure they would switch to that.

    I suggest changing behavior through taxation , bump up the tax on AirBnB and lower the tax on long term rentals…

    1. Rob_G

      They need to speed up the eviction process – at the moment, if a tenant stops paying rent, it can take a landlord up to 2 years to get them out; I can see why AirBnB is a more attractive proposition in those circumstances.

      1. Jonjo

        This is the big issue. Tenants are actually being advised to overhold and to stop paying rent. Any other country and it would be straight forward to evict but as Rob_G says it can take 2 years and a whole lot of money and at the end the tenant can just walk away after costing the landlord €10k+ in a lot of cases.

          1. Rob_G

            Yes, it is a small % of cases, but if you are an accidental landlord owning one property, and you get stuck paying the mortgage for two years with no rent coming in (and possibly a wrecked gaff at the end of it as well), you are 100% fupped.

          2. johnny

            with avg increases off mid-teens annually in house prices,lenghty waiting lists for ANY accommodation,its probably going be a bit difficult to get much traction on your rather endearing but highly misguided,quioxic campaign on behalf of Accidental Landlords Rob:)
            …try a run or some exercise,perhaphs some volunteer work…….

          3. Rob_G

            Well, there is a RPZ in Dublin and surrounding areas, so I don’t think any landlords there are getting rent increases in the mid-teens.

            It makes no odds how high rents are, or how long waiting lists are, if you are not getting any rent for two years. You are always complaining about ‘vulture funds’ – vulture funds could sustain those type of losses, but a landlord owning one or two properties could not.

          4. johnny

            if after exhausting all other options to say get a leak fixed or a infestation problem resolved,the Tenant opts to self cure via its own resources and withhold rent, it gets counted as a rent hold over,the stats/math’s are still a bit primitive but its early days at the RTB.

            “As there can be multiple dispute types on each case, % total is based on the total number of dispute types, % case is based on the number of cases.”

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