September 12, 2016
Airbnb is a digital marketplace allowing homeowners to list rooms or properties for holiday lets. It claims to list properties in over 190 countries across the world with over 60 million users since its creation. That said, it is has recently come in for criticism from the Residential Landlords Association for ‘compounding the housing crisis’. These comments from the RLA have been made with particular reference to the London housing market where it is reported that there has been an increase of 27% in the number of London listings on Airbnb between February and June 2016. This takes the total number to over 42,000. Further, 61% of these properties are said to be listed for being available for more than three months….
Source: http://www.lexology.com/library/detail.aspx?g=6ab19bf6-7858-445b-a421-0b8d0af9de65
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