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by dorchadas
1137 days ago
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Yes, 10x more rooms on AirBnB than open rooms to rent in Dublin. At least with single bedrooms; I haven't looked into more rooms as I'm only searching for a new place for myself. > though I'm still unsure how much of this is merely displacing hotels/hostels relative to actually sucking up long-term rental slots. It very much is happening. Dublin saw this during the pandemic, when the long-term rent market doubled after tourism was shut down. These are houses that are zoned for residents, not people coming in, and landlords see they can easily make more money letting them out to the tourists. See this article from The Irish Times about it: https://www.irishtimes.com/business/economy/pandemic-reveals... It's only gotten worse now, too, with many going back to AirBnB. |
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Dublin has a population of over 1.5 million. On average, a dwelling in Dublin has 2.5 people. 5000 AirBnB's account for less than 1% of the total housing stock.
I constantly hear about people complaining about how short term rentals are running the housing market but the numbers never add up.