lewdog……”it is only viable in holiday locations or close to a CBD to get enough guests. As such, it is not impacting supply of properties for rent.” And: “The guests have been fantastic and the house has never been in better condition.”
Figures compiled today:
City of Sydney Council: 6,008 homes on Airbnb/Stayz – 931 homes on Domain
Waverley Council Area: 4,498 homes on Airbnb/Stayz – 382 homes on Domain
Randwick Council Area: 2,649 homes on Airbnb/Stayz – 495 homes on Domain
Byron Shire Council: 2,280 homes on Airbnb/Stayz – 50 homes on Domain
(The list goes on.)
NSW Land and Environment Court: Mixing short-term lets/serviced apartments with permanent residential occupancy is “fundamentally incompatible”. That goes for free-standing houses as well as apartment buildings. I’ve lived with it. It’s “HELL“. Short-term landlords still control the Strata Committee.
Short-term lets in residential housing are driven by higher financial returns – pure and simple.
Residential Housing is for the housing of Residents.
(www.neighboursnotstrangers.com) (www.bridgeportapartmentssydney.org)