To think Airbnb owners might switch to long term rentals this year?

[whatatanker]

The average Airbnb owner gets 50% more money than letting to a long term tenant under an AST.

However, the Airbnb owner pays the bills, whereas a long term tenant pays their own bills.

I predict that the energy crisis may send owners seeking a long term tenant as they won’t find their properties as lucrative once they have paid their high energy bills.

This could really change the property market - more rentals coming onto the market, maybe prices come down.

Doubt it
an air b&b in a good location will usually always rent,and the LL will still make a tidy profit

I think it will be one factor but I expect a greater pressure might be bookings dropping as people's disposable income goes off a cliff with price rises.

The best houses can offer a good value price and fill their bookings I expect but mediocre places will be struggling especially out of season.

So yes I hope some air b&bs will go to long term rentals or be sold to owner occupier or landlords for long term let.

Here's hoping.

Recent Govt action aimed at landlords has made long term rentals much less attractive and less profitable. Many small landlords are leaving in droves with more large corporate ones moving in. This is not going to end well for tenants.

I had a look locally the other day and there isn't a single property to rent available. Plenty for sale though and at the cheaper end of the market too.

I mean it sounds bad but if I was renting someone with bills including I’d certainly not be worrying around a 3 minute shower or packing enough hoodies I’d expect to use as much as made it feel like a relaxing break so yeah I’d guess those cheaper ones will likely disappear.

I think it's more likely that the energy crisis will lead to people cutting back on going away, so the Airbnb owner doesn't get much business. They might then decide to let the property to a tenant, as 50% is way more than 0%.

I hope it does bring more rental property, it's sorely needed.

What is your record number of baths for an overnight stay at a hotel?

Why have you singled out Airbnb?

You do realise that Airbnb is simply and advertising platform and that many of the listings will also be on a number of other rental sites?

Do you think that owners who advertise on other rental listing sites won't be considering this?

Sorry OP, I guess I am deliberately being sarky, but "Airbnb" almost always gets vilified on MN as though it is a specific evil entity, when it is no different to Sykes, VRBO, HomeAway (do they even exist now?) Abritel or any other advertising site.

No, I don't work for Airbnb and neither do I advertise with them - although I have done in the past.

No, because it is so much more advantageous from a tax point of view to do Airbnb.

That’s a really good point: I guess I mean holiday lets overall.

Fair enough :-)