Housing stock currently tied up in Air BnB in Galway needs to be made available as a matter of urgency to help address the shortage of housing for families and individuals.
17th May 2018
COPE Galway have welcomed yesterday’s publication (May 16th 2018) of the Daft.ie Insights report, which highlights the negative impact that AirBnB is having on the housing rental market. The report' is headlined ‘One out of every two rentals in Dublin are now only available to tourists’. In the view of COPE Galway a similar and possibly even more stark headline could be written for Galway.
On the same day as the publication of the Daft.ie Insights report there were a total of 2,212 active Air BnB rentals across Galway City and County. 52% of these were entire homes and 38% were available full time according to information provided by AIRDNA. Coincidently there were just 118 homes advertised for rental on daft.ie on the same date (May 16th 2018) for all of Galway City and County.
“The current shortage of homes for families and individuals has resulted in a growth in homelessness locally and nationally with up to 10,000 adults and children currently in emergency accommodation across the country”, says Martin O’Connor of COPE Galway. “You have the ironic situation of tourists living in homes while people without homes are having to live in B&Bs and hotels”.
He continued “This is a situation the government are in a position to tackle if they are serious about addressing the current homelessness crisis that so many families and individuals are experiencing. The introduction of measures to disincentivise the fulltime use of homes for Air BnB purposes and the enforcement of planning laws already on the statute books are measures government can take now”.
“While we understand that revenue from Air BnB is an important source of income for struggling homeowners, our concern is that accommodation which is available all year round and in the form of entire homes, is accommodation taken out of the rental market. Measures need to be introduced such as those introduced in London to ensure whole homes are not available on the Air BnB market full time, but still allow for people to rent out their accommodation for a certain number of days a year” said Mr O’Connor.
Note to Editor:
COPE Galway is a local Galway Organisation whose vision is an “Improved Quality of Life in a Home of your Own” for people affected by homelessness, women and children experiencing domestic violence, and older people. In 2017 COPE Galway worked with 1012 adults and 576 children affected by homelessness in Galway, including 242 families and 695 single people. They also worked with 339 individual women and 214 children experiencing Domestic Violence; delivered almost 50,000 meals on wheels to Older Clients around Galway & supported 1,740 individuals through the FEAD programme (Fund for European Aid to the Most Deprived).The organisation joins the national call for solutions to end the housing and homeless crisis. However, while national solutions are being progressed, COPE Galway believes that more immediate solutions can be put in place at a local level.
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