I doubt many buy a home to rent out as AirBnb. Due to personal circumstances they move in elsewhere with a new partner and want to tick it over.
Failing that they rent it out at a very high price, because it's in an area where people like to holiday.
All this skirts around the issue. There...
To be fair with Air BnB, it's only really a problem where it's a problem.
Amsterdam particularly and know I've learnt Cumbria and Berlin.
I've just googled and there is a 90 day ruling in London.
. Build more houses.
Of course, the problem housing is so many places (particularly up North) have such bad transport links.
I've been up there a lot recently and it surprises people when I tell them how long it takes to get from A to B.
That leads to more cars on the road.
Quite how anyone would have an issue...
I do understand WHY the council tax is so low in London. The councils probably need more money than rural areas, but because of the population density up here it works out they can charge far far less.
However the disparities are funny even up here.
I moved from Lambeth to Wandsworth years...
Rent caps for private landlords aren't going to work long term.
The Landlord can always sell the house to someone who wants to live there and you end up with less stock to rent out.
Also (controversially) I know of instances of people living in social housing who could adequately afford to...
That kind of doesn't work if their mortgage repayments are well under market rent.
They really is only two solutions. Build more houses to sell or build more houses to be rented out by the local council with a fixed rent.
Changing the council tax rules with the existing houses (empty or...
Which of course is the real solution. Home owner (and the economy) is just going to have to accept that existing house prices are hopefully going to fall or become static as more of the "product" hits the market.
That makes a bit more sense, although the story I read didn't make it clear.
If you have a "second home for leisure", how the hell do you get insurance for it if it's empty most the time ?