The big group getaway at an Airbnb could come to an end if the government decides to cap the number of people who can stay at a property at any one time.
Expedia,owner of brands such as Wotif and Stayz,has told a NSW government review that it backs a tax “of a sensible quantum” to fund social and affordable housing.
The Greens housing spokesman says the empty homes recorded in the census means supply isn’t the cause of the housing crisis. The reality is quite different.
Buyer interest has eased since the height of remote work but is still outpacing the number of homes for sale in many hotspots.
Airbnb Australia’s public policy head Michael Crosby was not convinced the cash incentive would have much impact on WA’s housing issues.
It was once the worst house in its street in Torquay,but a nine-year renovation project transformed it into a stunning beach home that now looks completely different.
Cashed-up international visitors and returning expats are forking out as much as $150,000 per week to stay in Sydney’s top spots for the summer holidays.
House rents have jumped more than 20 per cent in a year in some regional areas,and even though the pace of growth is easing in others,there’s little relief for tenants in sight.
The soaring cost of the treasured summer getaway means it’s no longer affordable for average families,and that’s a travesty.
Forget the holiday home in the dunes:FIFO workers and those who work from home are among those thinking they might as well make their sea change permanent.
Forget Byron Bay,but if you’re willing to look further afield for a holiday escape,some holiday home markets offer surprisingly good value for buyers.