Airbnb hosts say caps won’t shift them to rental market

Airbnb says that the implementation of more booking limits on short -term properties will have little effect on rent supply and purchasability in the largest cities of Australia.
Limiting or reducing the number of nights in which a property can be listed, in a survey assigned by the platform, it will want to place only one out of each eight hosts to place the property for long -term rental.
The survey conducted by Yougov destroyed more than 1000 Airbnb house in Sydney and Melbourne.
More than 47,500 houses in NSW are registered as short -term rent, more than 30,000 “hosted”, that is, the owner does not live there.
The property can be used as a maximum of 180 days per year in Sydney and a short -term rental for 60 days per year in Byron Shire.
In January, 7.5 percent tax started in short -term rental accommodation in Victoria.
Two -thirds of the hosts who participated in the survey, who said they would rent property in the long run, were not suitable or had second or holiday homes.
More than 40 percent of the hosts participating in the survey said that they would continue to rent for a short time until they hit a limit, and then they would leave the property empty.
Yougov Public Database Director Paul Smith said that more border implementation will probably move many Airbnb list to the long -term rental market that “eaten the intended impact” to the long -term rental market.
Airbnb Public Policy President Michael Crosby said that the results constitute a small part of the country’s total housing stock and that “brutal measures such as borders and prohibitions do not make the housing more appropriate.
“Hard restrictions such as night covers are not effective in solving our housing problems and harm those who try to earn extra money to balance the cost of living,” he said.
“The probability of houses would be much more likely to be a long -term rental.”

Most of the respondents had only one property listed on the short -term rental platform.
Recently Urban and Regional Planning Specialist Nicole Gurran analyzed the effect of short -term rents He said that there are obstacles for tourism to move between hot spots and owners to move between markets.
“This is not a simple matter for a long -term rental of a furniture property and the two to make a transition between the two, Soy
“One of the suggestions we made was that governments create programs to facilitate this, especially the houses positioned well according to the need for housing.”

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