Greens plan to hike Airbnb rates 1000 per cent ‘to scare away investors’

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Greens plan to hike Airbnb rates 1000 per cent ‘to scare away investors’
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People who advertised their home on tourist websites such as Airbnb would be slugged more than $10,000 a year in a plan designed to tackle the housing crisis.

”, and the key issue driving rental market disruption was a limited supply of homes.

Researchers said a 10 per cent increase in total dwellings could cause rent prices to drop by 1 to 2 per cent.Council data showed 990 properties were classed as transitory accommodation in August, including 338 units and 10 houses in Central ward and 177 units and nine houses in The Gabba ward.But Airbnb’s Crosby said restricting the number of nights a property could be used as a short-term rental did not mean they would become long-term rentals.

“In many cases, hosts make properties available on Airbnb that would otherwise be used only for personal use, like regional-based workers working in the city a few days each week, or kept as an owner-occupied holiday home,” he said.Loading The Greens’ housing platform for the 2024 council election would include discouraging investors from leaving homes and development sites empty, with measures to increase the supply of rent-capped housing.said Brisbane was in desperate need of more affordable housing.

“Labor want to get the balance right, listening to the community and supporting housing providers delivering affordable rental properties,” she said.Council elections will be held on March 16, 2024, and the Greens plan would not come into effect unless they wrested control of City Hall.

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