A "punishing" regulatory framework for Edinburgh’s self-catering sector will cost jobs and do nothing to resolve the city's housing crisis, a trade association has warned after a new study found further reductions in short-term lets could cost Edinburgh's economy £57 million.
Biggar Economics
A new report published by BiGGAR Economics has revealed that far from being a burden on the public finances, the social care sector contributes more than £5.1 billion Gross Value Added (GVA) to the Scottish economy and supports some 300,000 jobs.
Airbnb has commissioned new analysis which claims that proposals from the Scottish Government to regulate short-term lets could put 17,000 jobs at risk and take almost £1 million a day out of the Scottish economy.
The development of a new ‘Digital Quarter’, which would also bring around 600 affordable homes to the west of Edinburgh, could provide a significant boost to Scotland’s economic growth, according to a new report