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NI Airbnb listings rose by over 60% in 2018 despite legal threat

  • Airbnb analytics company AirDNA has released statistics showing that listings in Northern Ireland rose by over 60% throughout 2018, but landlords must be compliant with housing law.

    Airbnb has been booming recently in major cities all around the world, and Northern Ireland is no exception according to new data from analytics company AirDNA. The number of listings placed in the Greater Belfast area rose by 61% in 2018 compared to 2017, with a similar 63% rise in Derry, but this rise hasn't come without associated problems.

    Though Airbnb allows people to make some extra money by renting out their apartments and spare rooms to guests, a great deal of the accomodation listed on the service comes from existing rental stock. Many landlords have realised they can make more money from occasional tourists than long-term rental agreements, which has caused such a severe housing shortage that cities such as London have imposed legal limits on landlords.

    Northern Ireland is one of the few places where landlords (even people using Airbnb to rent out a spare room) must register for certification. Tourism NI has warned Airbnb hosts in the past that they must register for certification and follow all of the laws appropriate to landlords and last year were forced to start legal proceedings against two non-compliant landlords.

    Source: Belfast Telegraph

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