Popular Australian tourist destination Byron Bay will limit the availability of some properties for short-term holiday rentals, as authorities try to free up homes for residents amid a nationwide housing crisis.
The New South Wales state government on Monday approved a request from the Byron Shire council to limit the short-term rents for some properties to 60 days per year to help boost the number of houses available for long-term stays.
Byron Bay is a beachside destination popular with tourists and celebrities, and was featured in a Netflix reality TV series. "It's well known there has been an undersupply of housing, particularly affordable and diverse housing across the Byron Shire for many years," NSW planning minister Paul Scully said in a statement announcing the policy.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
From Bodine to Byron: Hendrick Motorsports' 300th Cup Win More than Just a NumberThe beat goes on (and on) for the No. 1 team in the history of NASCAR Cup competition.
Read more »
William Byron punches ticket to Round of 8 with victory at TexasWilliam Byron took the lead with six laps to go and held on for the victory at Texas Motor Speedway to punch a ticket to the Round of 8 in the playoffs.
Read more »
NASCAR Texas Results: William Byron Punches His Ticket to Round of 8Win is No. 300 for Hendrick Motorsports in Cup Series.
Read more »