New Airbnb Regulations Prompt Landlords to Exit Market

Recent legislation imposing stricter regulations on short-term lettings, such as Airbnb, has led some landlords to consider selling their properties. The new rules include potential fines of €5,000 or six months imprisonment for non-compliance.

Landlords cite the labour-intensive nature of short-term rentals and the financial risks associated with long-term tenancies as reasons for exiting the market.

The Irish Property Owners Association (IPOA) notes that continuous legislative changes contribute to landlords decisions to leave the rental sector.