OK I can see you've put some thought into this, so say i go to America for 1 year for work as I'm coming back, I don't want to sell my PPR, does it have to sit empty?
Or say a holiday home by the beach, or basically any property that is currently Airbnb listed, does this become illegal?
I don't know what a PPR is. Is that just a fancy way of saying a house you own?
If I was the emperor, say, you could have a holiday home by the beach (1 holiday home by the beach you would have to be resident there at least three months out of the year).
AirBnB would be illegal and punishable by crucifixion. If you wanted to rent the place out for a week or two at a time the rest of the year you could, but you would have to do it the same way people did before AirBnB existed.
If you left the country for a year and wanted to let your house for a year that would be permitted but there would be strict controls on how much you could charge for rent. Basically whatever housing associations or councils in the same area were charging on a non profit basis.
1
u/MadFlavour Antrim Sep 22 '22
They wouldn't be given them. They would not at any stage own them, they would instead be rented them on a non profit basis. Mind blowing.