From July, landlords who rent out their entire property for longer than 60 days a year will pay 50% more in rates
Brisbane lord mayor Adrian Schrinner says the city needs more rental housing supply and that increasing costs for Airbnb landlords will help.Brisbane lord mayor Adrian Schrinner says the city needs more rental housing supply and that increasing costs for Airbnb landlords will help.Brisbane home owners who list their properties as short-term accomodation on sites like Airbnb will be slugged with a 50% rates hike amid a chronic shortage of rental properties.
It comes as Schrinner said residential rates would increase by 4.93% – the city’s highest rates increase in more than a decade – as Brisbane grapples with the aftermath of February’s floods., Booking.com and Stayz will be asked to self-identify and be charged higher rates. The charges will only apply to entire properties, not single rooms or granny flats, and only to those rented out on short-term leases for more than 60 days a year.
“Think about how you would feel as a resident if your next door neighbour kept on changing every second night, [and] every weekend [there were] parties happening in the house,” he told reporters. Fiona Caniglia, executive director of Q Shelter, welcomed the rate hike for short-term accomodation in Brisbane.We need to incentivise the return of these properties to the private rental market so more people can find a home,” she said. “It is a great example of local government demonstrating commitment and practical solutions to the housing crisis.”
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