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by dorchadas 2022 days ago
> especially since much of their stock is misused long term rental capacity that many municipalities are cracking down on now.

And thank heavens they are. I've been on the suffering end of trying to find a place to rent before but couldn't due to everyone preferring AirBnB for long term rental properties as they could make more money. I won't say it's the root cause of housing crises in cities worldwide, but it's definitely a major contributor, as you have the same number of people now fighting over less area. The quicker AirBnB gets regulated to go back to being a place to rent out a spare room, the better.
1 comments
snthd 2022 days ago
The pandemic makes the impact measurable eg

https://www.irishtimes.com/business/economy/pandemic-reveals...

>availability in the rental market has bounced, with 41 per cent more properties for rent nationally and 92 per cent more in Dublin.

>In Dublin availability was almost double what it was a year ago, with nearly 3,000 homes on the rental market on August 1st compared to fewer than 1,600 in August 2019,

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dorchadas 2022 days ago
> https://www.irishtimes.com/business/economy/pandemic-reveals...

It's interesting you quote the Irish Times, as Ireland is where I had my trouble.

> In Dublin availability was almost double what it was a year ago, with nearly 3,000 homes on the rental market on August 1st compared to fewer than 1,600 in August 2019,

It literally doubled the market, something much needed. And there's honestly probably still more where the owners didn't hop back into long-term rent. Hopefully it stays like this next year when I plan to go do a masters. And that the government works on fixing it.

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