Holiday let surge having adverse effect on private renters
NEW insights from Welsh think tank the Bevan Foundation reveals that the surge in holiday lets such as AirBnB is having an effect on private renters.
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NEW insights from Welsh think tank the Bevan Foundation reveals that the surge in holiday lets such as AirBnB is having an effect on private renters.
The Bevan Foundation revealed that holiday lets have surged by 53% in Wales from 13,800 in 2018 to 21,718 in May of this year, putting pressure on the housing market.
Renters in Powys are being squeezed out of the market because properties are being turned into holiday lets, a think tank has claimed.
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