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ARTICLE · 02 OCTOBER 2015

The short-term or holiday letting stoush

Hunt & Hunt
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Increasing numbers of strata unit investors are trading traditional letting arrangements for private holiday letting.

AustraliaReal Estate and Construction
Andrew Suttie
Andrew Suttie
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Private short-term letting in strata. Increasing numbers of strata unit investor owners are trading traditional letting arrangements for private holiday letting. The recent surge in popularity of websites such as Airbnb and Stayz enables owners to market their properties to millions of holidaymakers from all over the world. And it's not just investor owners who are cashing in on the digital economy; residents are letting out spare rooms and even couches to supplement their income (and to meet interesting new people). Some utilise the system so effectively they enjoy close to rent-free accommodation or, in some cases, profit from the arrangement.

POTENTIAL IMPACTS ON PERMANENT TENANTS

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