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Short-term property leases could become ‘lightly’ regulated

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Your Investment Property | 04 Nov 2016, 12:00 AM Agree 0
The 18-month long NSW parliamentary inquiry recommends that property owners be allowed to use Airbnb to let rooms without the risk of being fined
  • Karen Stiles | 05 Nov 2016, 10:01 AM Agree 0
    As an investor I think this is a shortsighted approach to strata. The owners that don't short term let will be made to share the considerable cost of extra wear and tear, and the risk of injury or death on common property. And has the committee considered the impact of a 40% drop in capital values between residential and short term let buildings on highly geared mortgages?
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