Post by High Priestess on Jan 15, 2016 3:20:46 GMT
See this article:
www.domain.com.au/news/flat-dwellers-in-sydneys-airbnb-belt-bear-the-brunt-as-sharing-economy-takes-off-20160115-gm3z3q/
Airbnb, Stayz, Gumtree and other online holiday letting agencies may be opening up local homes to tens of thousands of happy holidaymakers, but they are also bringing anger, misery and frustration to the residents of hundreds of high-rise buildings.
Cut-price holidays are forcing up residential rents, hammering the hotel trade and turning people’s homes into hotels, critics say. And the people suffering most are the owners and tenants in apartment blocks on the fringes of Sydney’s city centre. A recent Fairfax Media survey of the spread of Airbnb and other short-term rentals highlighted the serious threat that online holiday letting agencies are posing to apartment buildings in Sydney.
www.domain.com.au/news/flat-dwellers-in-sydneys-airbnb-belt-bear-the-brunt-as-sharing-economy-takes-off-20160115-gm3z3q/
Airbnb, Stayz, Gumtree and other online holiday letting agencies may be opening up local homes to tens of thousands of happy holidaymakers, but they are also bringing anger, misery and frustration to the residents of hundreds of high-rise buildings.
Cut-price holidays are forcing up residential rents, hammering the hotel trade and turning people’s homes into hotels, critics say. And the people suffering most are the owners and tenants in apartment blocks on the fringes of Sydney’s city centre. A recent Fairfax Media survey of the spread of Airbnb and other short-term rentals highlighted the serious threat that online holiday letting agencies are posing to apartment buildings in Sydney.