The rapid spread of coronavirus has prompted a flight from the Airbnb model of short-term rentals to longer term rental in key Dublin areas.
According to the latest listings from property rental website Daft.ie, the number of available one- and two-bed properties in Dublin 1, 2, 7 and 8 jumped to a five-year high of 535 on Tuesday evening.
The figure represents a massive 83 per cent increase on the 293 one- and two-bed properties that had been available to rent in the same three weeks (March 1-24) in 2019. The figures for the equivalent period in 2016, 2017 and 2018 meanwhile were 348, 288 and 275 properties respectively.
The early numbers have certainly been dramatic, and are likely to become more dramatic still as those landlords who took advantage of the tourist boom over recent years to turn a quicker buck return their apartments and houses to the less lucrative and longer-term rental