Image: Sam Boal/RollingNews.ie Image: Sam Boal/RollingNews.ie HOUSING MINISTER EOGHAN Murphy has told politicians to “hold their nerve” and not take heed of representations made to them calling for a “grace period” in the new short-term let laws.
In addition, an annual cap of 90 days will apply for the renting out of a home and homeowners can only rent out their homes for 14 days or less at a time. The correspondence from Airbnb seen by TheJournal.ie state that the company is seeking a “grace period from government”, and mentions that the Housing Committee will be considering the regulations today.
“Clearly, commercial operators of short-term lets are going to have a real difficulty with what’s on the table,” he said, adding that ” we have to do what’s right. “The housing crisis is so bad now, we need to move those units back into the rental market,” he said.He added that there is “no need to delay this”, stating that he has been raising the issue of short-term lets impact on the housing crisis since 2016.
He said this needs to be done a matter of urgency. Murphy has indicated in previous committee hearings that any such regulations would lie with the Tourism Minister Shane Ross.