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Huge rise in Airbnb listings in Edinburgh

The number of properties listed on Airbnb in Edinburgh has nearly tripled according to new research.

According to data supplied by the Airdna website and analysed by the Residential Landlords Association (RLA) the number of properties in Edinburgh listed on Airbnb increased from 6,411 in 2015 to 18,105 in 2017.

These new figures follow similar large increases in London where the number of listings increased from 60,587 in 2015 to 173,714 in 2017.

This prompted concern by the RLA that properties were being taken off the market for long term rent and instead were being advertised only for holiday rentals, thereby reducing the supply available for those in need of somewhere to live. The cause is believed to lie in tax changes affecting buy to let landlords.

In the face of this concern, Airbnb has proposed banning owners from advertising properties for more than 90 nights a year as a holiday let. This is in line with regulations in London which state that short term holiday rentals can be rented out for a maximum of 90 nights a year without planning permission.

Alan Ward, chairman at the RLA said: “Whilst Airbnb plays a very important role in letting holiday accommodation in Edinburgh, this should not be at the expense of the supply of long term homes to rent that are desperately needed.”

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