Seanad debate – The Impact of Short Term Lettings

Posted November 17th, 2017

On Tuesday we spoke about short term letting and if we need regulation in this area. You can read my speech below or watch the video here (51 minutes in).

Thanks to members of the Seanad for providing the opportunity, this evening, to discuss the report of the Joint Committee on Housing, Planning & Local Government on the Impact of Short-term Lettings on Ireland’s Housing and Rental Market and my plans to address this.

I want to thank the Joint Oireachtas Committee on Housing, Planning and Local Government for their work in preparing their report on the sector. I am pleased that, broadly speaking, the recommendations of the report mirror the anticipated approach I hope to propose.

The Strategy for the Rental Sector, published nearly a year ago, recognised the potential issue of significant numbers of properties being withdrawn from the long-term rental market for use as short-term tourism-related lettings.  It recognised the negative impact this would have for the supply and availability of residential rental accommodation.

Continue reading here.