John-Mark McCafferty

I have the sense that the Department of Housing are keen for this to happen and to happen in a timely manner.

I'm less convinced by Minister Burke that this is to be resolved in a timely manner.

I guess

The key thing to remember here is this piece of legislation is a new law and it's in two weeks' time.

It's not some whim of thresholds.

It's something that's coming across the European Union and there had been due notice in relation to the various pieces of legislation and people quite literally getting their houses in order.

No, and I think the ultimate irony is if Ireland is fined by Brussels for this at a time when we need all the resources we can to mobilise house building, home delivery and ensuring that we use all levers to optimise supply.

This is one lever which is within the government's gift to ensure that there's a proper...

um framework there and also the register is really really important like the whole point of having a register is to produce consistent data about the operation of this short-term let sector so not having the register in place would undermine the ability of government to produce quality data needed for good policy making good um housing planning

And indeed, the SRI, which published a report a number of years ago, recommended the establishment of a national short-term let register, mandatory registration for all short-term let properties, linking that data with private rental sector and housing market data.

This is how we get...

quality data for the sector at a time when supply is absolutely key.

Because we're seeing it at the close, it's about an abject lack of private rental housing market supply at the same time when you've got roughly two-thirds of the short-term let market being entire houses and apartments.

That's not what the initial Airbnb model was about.

It was about people offering a spare room in their homes for visitors to rent.

Well, the ESRI are estimating that maybe 10,000 units could come back if all of the regulations were enacted.

And that is a substantial input to the sector.

That really would help ease the level of housing pressure.

And I think what's also kind of compounding the situation is that

A couple of months ago, we were looking at some kind of threshold of the regulations applying to settlements of 10,000 and over.