Oireachtas Joint and Select Committees
Wednesday, 1 March 2023
Joint Committee on Tourism, Culture, Arts, Sport And Media
Registration of Short-Term Tourist Letting Bill 2022: Discussion (Resumed)
Mr. Eoghan O'Mara Walsh:
I would struggle with the numbers. If I was estimating, I would be doing something on the back of an envelope as well, but I do not think it would be as much as that. It depends on the planning regulations and other factors. In the city centres in the urban centres of Dublin, Cork and Limerick there would be a stock of Airbnb-type properties that would go back into long-term rental, but in much of regional and rural Ireland they will not. Ms Casey is a classic example. Reference was made to the granny flat earlier. They are going to become unused or vacant dwellings or whatever one wants to call them. Therefore, it will not benefit the housing market and it will not benefit the tourism economy. When I talk about the tourism economy, these are small microbusinesses with a small stream of income for the host, but the multiplier effect is so important.
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