Short-term gains from Airbnb costs rental market in the long run

A new report has shown that fewer than 800 properties are available to rent outside Dublin, but an investigation by the Business Post has found many more short-term lets are on offer

On August 1, there were only 2,455 homes available to rent across the country, with 1,666 listed in Dublin. Picture: iStock

Eugene Murphy has been offered three jobs in recent months. One of them, in Cork, could have been perfect for him: he is a tech consultant who returned from Australia in recent years to live closer to his family.

The position would have allowed him to do that, but he had to turn it down. The reason? He couldn’t find anywhere to rent.

“There are zero properties for rent within ten miles of the place,” ...