Report shows Dublin landlords favour short-term rentals - News Summed Up

Report shows Dublin landlords favour short-term rentals


More than half of all available rental properties in Dublin are being listed as short-term tourist lets — because landlords are aiming to rent them to tourists. New research from Daft.ie showed that 53% of rental properties in the capital are being listed as short-term lets. The co-founder of Daft.ie, Eamonn Fallon, said: “Action urgently needs to be taken to increase supply, both in Dublin and nationwide. Of the 50,000 homes, 15,000 are needed for the rental market with 10,000 of those in the capital. Ms McCormick also said that one reading of the Daft.ie figures on short-term lets was that many landlords who tend to rent to students for the college year were loathe to do anything other than short-term lets for the summer months.


Source: Evening echo May 16, 2018 08:15 UTC



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