A proposed licensing scheme for Irish Airbnb properties would vary from region to region and probably only impact the capital, with concerns around the cost of rolling out such a scheme.

Minister for Housing Eoghan Murphy is set to publish a report highlighting whether short-term lettings are taking housing and rental stock out of the market, in which case he may impose a permit system.

Current regulations are among the most restrictive worldwide on the sharing economy, limiting length of stay, number of properties let in one building and number of guests.

Irish hosts are understood to have welcomed nearly 1.2 million Airbnb guests in one year, earning €115 million, and the damage to the economy of heavy regulation is also a concern.

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