Has Airbnb been hijacked by strata property speculators? (AUS)
Everyday people who occasionally rent out an extra room or their whole house or flat on Airbnb should be left alone by authorities in favour of a legislative crackdown on unscrupulous professional property investors who turbocharge their rental returns by running an illegal shadow market in un-serviced apartments. That’s the strong view on the ‘sharing economy’ from key tourism business group, Tourism Accommodation Australia, which is highlighting what it sees as unsavoury distortions in the rental market to bolster its call for tough new powers for states and councils to help them control shonky and opportunistic commercial landlords. Read the article…………..