› Flat Chat Strata Forum › Living in strata › Selling sharing: facts, figures and flim-flam › Current Page
Tharra’s (5) comments and fears about the Childers Fire and short-term letting in residential properties are well founded. Neighbours Not Strangers sent a Media Release on 16 Feb 17 – it wasn’t picked up anywhere – and it featured this issue. It’s on their Facebook page or email them: neighboursnotstrangers@gmail.com. They’ll probably be glad to forward it to you. They also refer to Connie Zhang’s death at Bankstown plus the Shipping Container fire at Alexandria/Waterloo. Jimmy T had an article published – Shipping containers of strata shame – but the link is no longer working.
Airbnb’s insurance guarantee runs to about $1 million, if you can get it out of them. No one at the NSW Parliamentary Inquiry into short-term letting would guarantee payout on a building worth, say, in excess of $100 million, plus loss of life $8 million or there abouts, plus permanent incapacitation $? millions.
Strata Lot owners in NSW carry unlimited liability.