Airbnb appeal: Lucrative, exempt from rent controls and possibly tax free
Services proliferate as fears grow over impact of short-term lettings on the market
On a leafy street in Ranelagh in south Dublin, members of a residence for retired members of the Congregation of the Sacred Hearts, a Catholic order, are renting out rooms in the period property via Airbnb. According to one resident, Fr Eamon Aylward, the income helps the four members who live there support themselves.
“We couldn’t afford to live here otherwise,” he says.