Strata and hotelier communities furious as holiday let report sweeps away Airbnb restrictions (Australia)
Home-sharers, opportunist apartment owners and lobbyists of online holiday rental agencies are the clear winners in the report into holiday rental legislation to be tabled in parliament today. On the other side, the obvious losers are strata residents who don’t want short-stay lets in their blocks, the state’s 500 or so registered bed an breakfast operators, established hotels, and residential tenants competing for properties with short-stay hosts who can make three times as much in rent from holiday lets. And there is a growing threat of direct disruptive action in strata schemes if any new legislation removes the ability of a majority of owners to reject having holiday lets in residential buildings. Read the article…………..