January 24, 2017
Premier Gladys Berejiklian is being called on to consider giving strata residents and owners corporations the power to ban short-term letting of apartments through sites like Airbnb, arguing the practice is driving up rents. A day after Ms Berejiklian declared that she would prioritise the issue of housing affordability, the Owners Corporation Network (OCN) said a crackdown on short-term letting was “the first, easiest and cheapest step” she could take. The OCN says the number of rental properties being made permanently available for short-term letting is driving up rents…
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