Oireachtas Joint and Select Committees

Wednesday, 21 June 2017

Joint Oireachtas Committee on Housing, Planning, Community and Local Government

Housing and Rental Market: Discussion

9:30 am

Dr. Dáithí Downey:

Unfortunately I do not, but there is a growing body of what we might call anecdata, or circumstantial data, which demonstrate that there is a growing short-term lettings market in the capital. There is a considerable number of proposed developments for aparthotels and a number of companies have announced their intentions to develop property specifically for short-term rental. I would return to my earlier comments that what we are looking at here is trying to identify the locales and areas where the concentration of peer-to-peer platform, collaborative economy rental for accommodation is having an impact on prices and whether that impact is negative or driving rental inflation and whether it is taking out of circulation or use properties that would otherwise be available for longer-term rental.

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