Rental breakdown: How Airbnb is making towns unliveable

The Bunker – News without the nonsense

Podmasters

News, Society & Culture, Politics, Government

4.6 • 1K Ratings

🗓️ 24 January 2023

⏱️ 20 minutes

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Summary

Airbnb has enabled people to earn more by letting second houses as holiday lets than to families. What does this mean for locals in tourist areas? With housing provision at an all time low, the Welsh Government is looking at a system of carrots and sticks to incentivise landlords to prioritise locals. Can this problem be fixed? Dr Steffan Evans from the Bevan Foundation talks to Hannah Fearn about the communities facing an Airbnb boom. “In every single Welsh local authority bar one a property owner could make as much money in 10 weeks as letting out the house to the housing authority for an entire year.” “Properties that were down as holiday homes decided to flip to Airbnbs to get out of having to pay extra council tax.” “Don’t think about the maximum amount you can make, maybe yes, get your money back, but think about the community's needs more broadly.” www.patreon.com/bunkercast Written and presented by Hannah Fearn. Producer: Jet Gerbertson. Assistant Producer: Kasia Tomasiewicz. Lead producer: Jacob Jarvis. Bunker music by Kenny Dickinson. Audio production by Robin Leeburn. Group editor: Andrew Harrison. THE BUNKER is a Podmasters Production Instagram | Twitter Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	My name is Stan. I'm at. Nice to meet you. So you took up photography where? I've always loved
0:05.5	photography but I turn it into earning a living at 60. I enrolled on a day course.
0:11.8	Well college. I loved going to college. It's good you can retry. I'm enrolled on the day course. But college?
0:13.0	I loved going to college.
0:14.0	It's good you can retrain and do something.
0:16.0	Yeah, yeah.
0:17.0	Let's talk about working, learning, saving and making the most of living longer.
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0:28.0	Search Phoenix Group living longer.
0:30.0	Pets brings so much joy.
0:32.0	From those happy greetings at the door to the warm cuddles on the sofa.
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0:55.9	theirs with dental life pick up dental life in the pet food aisle
1:02.1	hello and welcome to the bunker. I'm Hannah Fern.
1:07.0	In the Klin Peninsula in Wales, more than 5,000 houses, that's 8% of all properties are registered as second homes, and many of those are rented
1:15.0	out on holiday let sites such as AirB&B.
1:18.2	But after Liz Truss and Quasikwatteng sank the British economy and mortgage rates spiraled, many of these landlords are starting to sell up.
1:25.0	Or at least they're trying to.
1:27.0	That's a good thing, right? Or is it?
1:30.0	Dr. Stephan Evans is an expert in poverty in Wales and he's with me to talk about this.
1:34.8	Hi, Stephen.
1:35.8	Hi.
	...

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