#23854

Given that many retires could be looking at downsizing by selling the family home to move to a CBD apartment I do not think they would be very impressed buying into a residential apartment block full of short term tourists. The wear and tear to the building is increased. The noise is increased. The security is compromised. Public liability insurance could be negated. Young families living permanently in inner city apartments may feel nervous at numerous strangers entering and leaving a residential building. The effect on business on legitimate hotels could be negative. I don’t think such a ruling is at all fair to residents. I sincerely hope this is never adopted by Sydney authorities or NSW towns generally.