› Flat Chat Strata Forum › Airbnb and holiday lets › Holiday letting hysteria › Current Page
OK, first of all, you are talking about a house where the impact on your neighbours is likely to be be minimal. Google “Bridgeport” and “Watergate, Docklands” if you want to see how bad it can get in an apartment block that’s been turned into a virtual hotel.
Secondly, this comment:
… 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.
That’s just not true. The most-used area of Sydney according to Airbnb’s own figures is Darlinghurst, which is neither a holiday area nor particularly close to the CBD.
Also, rents have gone up more than three times as much in areas where Airbnb is more active than they have in the rest of the city as a whole, so you can’t say there has been no impact.
So, yes, there’s a lot of hysteria going around – both pro and anti short-stay lets.
But my view, for what it’s worth: residential flats and houses are for residents (and their bona fide guests). Hotels and motels are for holidaymakers and business people.
If there isn’t enough holiday letting accommodation, build more and let people invest in places where they aren’t leeching off their strata neighbours’ shared facilities.
Just because you can fudge the line doesn’t mean you should.