Australia: Airbnb’s new building program to give strata bodies a cut of short-stay rentals

Strata fees could fall in buildings that allow owners to list their properties on Airbnb, under a building program launched by the home sharing platform this week.  The Friendly Buildings Program, which has been piloted in the US, will redirect a recommended 5 to 15 per cent of an Airbnb booking fee back to the strata body, giving it a cut of the lucrative home sharing market.   Read the article…………


Related Articles

HOA Homefront: Readers ask if board elections and votes for loan are fair?

Q: I own units in many different HOAs, including one in Huntington Beach. The HOA board has recently promulgated new

Capistrano couple drops lawsuit over flooded home (CA)

A couple whose San Juan Capistrano home was flooded with muddy water and debris because of a clogged city storm

Upcoming FHA rule could squeeze homebuyers and sellers

Realtors, lenders and community associations are up in arms about forthcoming Federal Housing Administration rules they believe could make mortgage