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The owners are facing a new Airbnb ban from next summer.
They will effectively be banned from renting their short-term properties in Dublin and other areas of high demand for housing from June.
Business owners will need to obtain a commercial building permit allowing them to rent their properties in the short term on sites like Airbnb, which is unlikely in areas with high demand for housing.
The measures announced today by Housing Minister Eoghan Murphy will mean that only the principal residence, or family home, can be rented in the short term.
The owners will however have to inform the local authorities of their intention to avail themselves of an exemption allowing them to share their home.
In addition, they will not be allowed to rent for more than 14 days at a time and more than 90 days a year.
The rules will come into effect on June 1, with Mr. Murphy stating that outside the family home, only properties licensed to operate as tourists or short-term rentals could be used for this purpose.
This authorization was unlikely to be granted in areas experiencing housing shortages.
"A planning permission for a change of use of a short-term lease may be requested and it will be up to each local planning authority to grant permissions, based on the instructions provided by the Ministry of Housing, "Murphy said.
"In areas where housing demand is high and, considering other relevant factors such as cumulative impacts, it is unlikely that an authorization will be granted."
The rules, which will be examined by the Housing Committee of Dáil, come to worry about the impact of short-term rentals on the rental market.
Hundreds of buildings in high demand areas of Dublin and other cities have been removed from the rental stock, with short-term rental income being much more lucrative.
Last year, it appeared that at least a dozen guests were earning more than $ 100,000 a year. Last month, the Revenue Commissioners revealed that he had written to 12,000 homeowners to "remind them" of including rental income in their tax returns.
Dublin City Council will have additional resources to establish and monitor property registries. Those who do not comply are liable to criminal prosecution.
The changes will not affect vacation rentals, flexible long term rentals that apply to the corporate market or guest rooms.
When an owner intends to avail himself of exemptions, he must inform each year his local council, which will use this information to monitor the cumulative impact of short-term rentals. The government wants the changes approved by the end of the year.
Irish independent
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