Reactions to New Rental Laws

Homelessness is an issue of uttermost importance in Ireland. Two staggering numbers mentioned below are being directly addressed by members of the Irish government.

10,378 – number of homeless people as of April

3,794 – number of homeless children as of April

Eoghan Murphy, minister for housing, planning, and local government, blames short term renting (letting) as a big contributor. Ireland has seen increasing numbers of people immigrating over plus many British citizens are moving to Ireland due to Brexit concerns. With this influx of people coupled with an increase of short-term renting, many citizens find the lack of few homes for sale too expensive and are resorting to homelessness.

The new legislation will be going into effect on July 1st. The legislation mainly targets the multinational company, Airbnb, who allows people to post their homes for rent on the web. Owners who reside in a rent pressure zone (rpz) will be required to fill out a form at the beginning and ending of each year. Additionally, a ninety-day total limit per year will be enforced and each rental session …

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Newstalk Lunchtime: Ciara Kelly talks to Karl Deeter about AirBnB and the housing market

We were part of a conversation with Ciara Kelly on Newstalk’s ‘Lunchtime’ show discussing AirBnB and whether or not you can blame it for housing sector problems in Ireland. Our view is that it is part of a healthy market, but where a market is unhealthy you can’t say that it is the source of the disease, rather the malaise in Irish housing generally.

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