Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Popularity of short-term holiday lets risks squeezing local people out of privated rented sector
The Chartered Institute of Housing has called for tighter regulation of short-term holiday let providers such as Airbnb to stem the potential loss of private rented homes available to local people.
The CIH’s latest UK Housing Review, published today, argued that the supply of private rented homes in UK cities and holiday destinations popular with tourists could be seriously affected by the rising popularity of such short-term let properties.
The report, written by a number of academics and housing specialists, suggested that in Greater London there are 77,000 Airbnb lets, with more than 8,000 in Westminster 7,500 in Tower Hamlets and nearly 6,000 in Hackney.
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