As areas of the City of Sydney LGA, like Millers Point, turn into “hotel suburbs”, the council has begun an investigation into what a ban on short term accommodation could look like.
Councillor Sylvia Ellsmore told the National Account that in Sydney there are short term rental providers who door knock long term rentals when tenants move out, offering to manage a lucrative switch to short term.
"We've identified another provider in our area who targets ex-public housing properties and has 30 listings specifically for Airbnb”, said Ellsmore. “So it's that kind of predatory investor behaviour that is bad for communities, bad for our city, that in particular we want to tackle."
The National Account’s Archie Milligan has the rundown:
Thumbnail: AAP