This issue is very topical. There has been a massive growth in private landlords listing their properties on these platforms. In the landlord industry, this is called serviced accommodation. Google any property event, and chances are this is on the agenda. It is also quite lucrative.
But what does this mean for tenants? In a climate where housing is scarce and with more landlords registering their properties on these types of portals – this can only make the crisis even worse. The demand for rental properties is unprecedented at the moment – this is not just our reflection, but shared by many service specialists.
Many bed and breakfast-type set-ups which have been set up for this type of clientele are sharing their concerns with local authorities. But with Local authorities still not being able to get a handle on the situation, the crisis continues to escalate. We understand that many people like a home away from home, but there should be a quota on this, and it should be regulated more.
But we do feel this boom has reached its ceiling