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Long-term housing rentals in Malta: A look at advertised listings

Author

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  • Reuben Ellul

Abstract

The rental housing market in Malta has changed fundamentally in recent years. This market, along with the wider property market, has experienced somewhat of a rebirth over recent years, with a surge in job-rich economic activity that could be fulfilled with foreign workers given domestic demographic developments, and new trends in tourism, leading to an increase in both units available for rent, and rental incomes. Taken together, these changes have happened over a comparatively short period of time and have attracted a lot of interest. This study uses a novel dataset of properties advertised for long-term rent in Malta between January 2019 and December 2019, and looks at the composition, characteristics and implication of these listings. It discusses the distribution of the housing stock advertised for long-term rentals, and looks at some price metrics for characteristics. Finally, using an extended dataset until June 2020, this paper looks at the proportion of properties experiencing positive and negative advertised price changes.

Suggested Citation

  • Reuben Ellul, "undated". "Long-term housing rentals in Malta: A look at advertised listings," CBM Policy Papers PP/02/2020, Central Bank of Malta.
    • Handle: RePEc:mlt:ppaper:0220
    as

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    File URL: https://www.centralbankmalta.org/file.aspx?f=92966
    File Function: First version, 2020
    Download Restriction: no
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    References listed on IDEAS

    as
    1. Reuben Ellul, "undated". "Short-term rentals in Malta: A look at Airbnb listings a," CBM Policy Papers PP/08/2019, Central Bank of Malta.
    2. Reuben Ellul & Jude Darmanin & Ian Borg, 2019. "Hedonic house price indices for Malta: A mortgage-based approach," CBM Working Papers WP/02/2019, Central Bank of Malta.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets

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