Short term let
paragraphs
The rapid growth of short-term lets such as Airbnb has been a boon to tourists and landlords, yet it could lead to the loss of private rented homes to the short-term lets market and displacement of long-term residents from their communities if left unregulated, new analysis from the Chartered Institute of Housing (CIH) has revealed.
The UK Housing Review 2019, suggests that Airbnb alone has over 77,000 lets in Greater London, 55.4 per cent of which are entire homes. The bulk of the lets are heavily concentrated in Westminster (8,328), Tower Hamlets (7,513), and Hackney (5,907) boroughs.
Categories