NoRegretsCoyote
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Year | 2017 | 2018 | 2019 | 2020 | 2021 |
Private tenancies | 313,002 | 307,348 | 303,023 | 297,837 | 276,223** |
And that's just to end-2021........That’s a fall in the number of registered private tenancies of nearly 12% since the RPZ regime was introduced.
It's no doubt a factor in areas where tourist and residential properties are substitutes like D8.I'd say there are many LL's that have abandoned the long term rental market and moved over to AirBnB.
It's no doubt a factor in areas where tourist and residential properties are substitutes like D8.
But very few tourists go to places like Portlaoise and not many people want to stay in Courtown all winter.
Landlording and short-term letting are very different businesses and you wouldn't casually switch between them. Having a property turn over 30 or 40 times a year with cleaning and new bedding is completely different from a long-term tenant who pays the rent and generally leaves you alone.
Be interesting to see how many it does actually bring back into use. There must be a decent chunk of these are holiday homes which will now just lie idle for large parts of the year, or possibly get sold. Others will now just see this as the right time to sell up. They will also need to ensure it gets enforced, otherwise a lot of people will take their chances and plead ignorance.Cabinet approves new short-term let register aiming to bring 12,000 properties back into use
A NEW SHORT-TERM let register has been approved by the government with expectations that it could bring some 12,000 properties back into long-term use.
At the time of writing according to Inside Airbnb, a third party website that scrapes data from Airbnb, there are 16,181 entire properties listed on Airbnb in Ireland compared to 1,376 properties listed for rent on Daft.ie.
Link: https://www.thejournal.ie/new-short-term-let-register-5939400-Dec2022/
This suggests that the government also believes that long term lets have switched to short term lets, and they are cracking down on it to try and force them back.
Holiday homes will be a minority, there's been lots of coverage on the distribution of these and how many are in and around the major population centres not typically associated with holiday homes.There must be a decent chunk of these are holiday homes which will now just lie idle for large parts of the year, or possibly get sold.
From July 2022 notices of termination have to be copied to the RTB on the day they are sent to tenants in order to be valid.That seems like a massive spike in Q3 22, what could explain that spike in a quarter when the government announced an eviction ban?
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