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.  

COPE Galway have welcomed publication (May 16th 2018) of the Insights report, which highlights the negative impact that AirBnB is having on the rental 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 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 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.

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