As mentioned in previous articles, Dublin and its surrounding areas has been struggling to accommodate every person who is willing and able to purchase a home. Demand has stayed at levels significantly higher than that of supply, causing people all over the area to rethink their current living situations.
Local authorities are looking for possible causes and solutions to this shortage. The first possible factor that the government has decided to more heavily regulate in hopes of amending their housing issue is Airbnb.
Starting July 1, Airbnb lenders will be faced with increased water, insurance and commercial rate charges. Additionally, in areas where there is a high demand for housing there may be a temporary ban on the ability to do short term let outs of a property.
In the future, landlords will be restricted to renting out their properties for only 90 days of the year and will still require the acquisition of commercial planning permission. Furthermore, the bookings will only be allowed to extend up to 2 weeks before termination of stay, and these weeks …