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Jun 20, 20232 min read

One city loses 1,500 rental homes to Airbnb - claim



A newspaper is reporting that almost 1,500 homes which could be used for long-term mainstream rentals have been ‘lost’ to short lets in one city alone.


The Bristol Post, citing data from a group called Inside Airbnb, suggests some experts in the city anticipate more buy to let landlords will switch to short lets to avoid further restrictions when the Rental Reform Bill becomes law.


Inside Airbnb is reported to show that 2,329 properties are currently listed on Airbnb in Bristol, although it is not clear whether this filters out ‘rooms only’ or multiple listings for the same property, where the owner has resubmitted the listing in a different way.


Inside Airbnb lists the number of short lets in London as hitting 46,000 and in Greater Manchester as 3,000.


Meanwhile Paul Smith - a local housing association chief in Bristol, and a former council housing committee chairperson - says in his personal blog that he doubts there are the economic benefits to the city that short let advocates claim.


He writes:

“If those homes were occupied for the whole year by a household rather than just in the tourist season the impact on local shops and other facilities would be greater. It would have a negative impact on the domestic cleaning sector but could increase the viability of hotels and B&Bs.

“… One of the concerns of the Government (and the rest of us) is that as rules on private renting increase, instead of selling properties to other landlords or to potential owners they are flipped to short term lets, further collapsing the number of homes available.



 

Editor's Note:


Do you have a view on the short term accommodation issue in Noosa, Qld? We would love to hear from you and are happy to post your contribution here anonymously. The more local stories we have the better. Please always cite sources whenever statistics are quoted. Email to: nnsnoosa1@gmail.com

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