The rapid growth of short-term lets such as Airbnb has been a boon to tourists and landlords, yet it could lead to the loss of private rented homes to the short-term lets market and displacement of long-term residents from their communities if left unregulated, new analysis from the Chartered Institute of Housing (CIH) has revealed.
The UK Housing Review 2019, suggests that Airbnb alone has over 77,000 lets in Greater London, 55.4 per cent of which are entire homes. The bulk of the lets are heavily concentrated in Westminster (8,328), Tower Hamlets (7,513), and Hackney (5,907) boroughs.
Now in its fifth year, Homes returns to Olympia in November with some exciting new developments.
Homes is the only large-scale housing event taking place in London to bring together local authority, housing association, housebuilder professionals, with their lead advisors, across residential development, asset management and procurement.
Hear from DCLG on Sajid Javid’s and Gavin Barwell’s priorities for the sector, just weeks after the Tory party conference.