Short-term rentals and housing
The Deputy argued that short-term rentals should be better enforced and possibly incentivised into the long-term market for first-time buyers. The Taoiseach agreed short-term lettings harm housing, said Housing for All was about using every available lever to increase supply, and the chair ended the reply for time.
There are thousands upon thousands of properties around the country that are currently short-term rentals. Many of them would be far better used if they were available on the long-term rental market or, better still, available for purchase by first-time buyers. I want to ask the Taoiseach three things specifically. First, will the Government better resource local authorities to enforce the existing rules around short-term rentals? Right now, the local authorities seem to be toothless when it comes to enforcing the rules that are there.
Comment on this
These are all related, a Cheann Comhairle. Second, will the Government introduce a package of supports for first-time buyers to purchase such properties? Third, will the Government introduce an incentive package for owners of such properties to make them available for purchase by first-time buyers? This could literally bring thousands of new units onto the market for first-time buyers.
Comment on this
I agree with the broad principle that Airbnb and short-term lettings are injurious to the housing market. Housing, as I have said consistently, is the number one issue. It is the biggest social crisis facing the country. We need to deal with it with all of the weapons at our disposal. That is what Housing for All is and is what the delivery mechanism at the heart of Government is about. It involves looking at every single opportunity to create housing supply and to get houses built. That may mean the rezoning of lands or the utilisation of State agency or local authority land. It means compact growth on old industrial sites within cities. All of that is clearly needed. There are a variety of incentives there and first-time buyers have a range of supports now through help-to-buy and the shared equity facility which will come on stream. The issue is that we need to get more houses built and the local authorities need to enforce and to engage on that.