Short Term Letting
Thursday 24 May 2018
The community message that short term letting must be properly regulated is reaching government members, with a retreat from a reported policy that would have allowed homes to be let out to visitors for half a year with no rights for apartment buildings to set their own rules.
Cities like New York, Paris and Berlin have had to introduce very strict regimes after short term lets started to squeeze residents out of their communities and the laissez-faire approach in Tasmania is causing a housing affordability crisis. Recent research shows how short term letting impacts higher cost and tourist areas most, with longer term renters being pushed out: HERE