Higher rates for Airbnb-style rentals and rezoning some commercial land for accommodation won’t be enough to address Brisbane’s housing shortage, according to critics.
are, amid a push to open up suburban pockets of commercial or industrial land near infrastructure and public transport for mixed-use development.And while the council announced a crackdown on the use of rental stock for short-stay accommodation platforms, it could not provide any data on the number of properties affected or how many it expected would take up the offer of lower rates in exchange for longer rentals.
“So less than 1 per cent are actually falling into this new category of rates, so it’s going to be a drop in the ocean,” she said. McVeigh also questioned the benefits of the change.on the use of empty properties for Airbnb-style letting beyond Greater Sydney to areas including northern NSW – a move expected to free up at least 1500 homes for the long-term rental market in the Byron Shire alone.
“What we know actually is that, particularly in the middle suburbs and certain commercial precincts, investors are leaving stuff empty without even bothering to rent it out,” Sri said. “And that’s a real issue.”