The Bunker – News without the nonsense Rental breakdown: How Airbnb is making towns unliveable
Airbnb has enabled people to earn more by letting second houses as holiday lets than to families. What does this mean for locals in tourist areas? With housing provision at an all time low, the Welsh Government is looking at a system of carrots and sticks to incentivise landlords to prioritise locals. Can this problem be fixed? Dr Steffan Evans from the Bevan Foundation talks to Hannah Fearn about the communities facing an Airbnb boom.
- “In every single Welsh local authority bar one a property owner could make as much money in 10 weeks as letting out the house to the housing authority for an entire year.”
- “Properties that were down as holiday homes decided to flip to Airbnbs to get out of having to pay extra council tax.”
- “Don’t think about the maximum amount you can make, maybe yes, get your money back, but think about the community's needs more broadly.”
Written and presented by Hannah Fearn. Producer: Jet Gerbertson. Assistant Producer: Kasia Tomasiewicz. Lead producer: Jacob Jarvis. Bunker music by Kenny Dickinson. Audio production by Robin Leeburn. Group editor: Andrew Harrison. THE BUNKER is a Podmasters Production
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