The Press

OVERSEAS EXPERIENCE

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LONDON

❚ Airbnb-commission­ed research found home-sharing remained small-scale relative to London’s housing stock, but could reduce housing supply in the future. As a result, London authoritie­s and Airbnb worked together to impose a 90-day limit on Airbnb rentals. However, some landlords are reportedly getting around this by using other rental sites to book additional days.

BERLIN

❚ In May 2016, a new law banned Berliners from letting whole properties for short-term tourist rentals without a permit, in order to return ‘‘misappropr­iated’’ apartments to the people. However, the ban is clearly not working – Airdna puts the number of active entire home rentals at 9676.

SYDNEY

❚ A 2017 Tenants’ Union report found Airbnb was not significan­tly impacting Sydney’s long-term rental market.

However, University of Sydney research estimated Airbnb had removed about 6000 properties from Sydney’s long-term rental market, and had potential to increase pressures on rents. Author Nicole Gurran called for better zoning and developmen­t controls.

NEW YORK

❚ 2016 report commission­ed by affordable housing groups found permanent short-term rentals on sites like Airbnb were reducing available housing stock by 10 per cent. More than half the listings were illegal under New York regulation­s, and 30 per cent were listed by commercial hosts, the report found.

SAN FRANCISCO

❚ In June 2017, Airbnb sued San Francisco to prevent the city imposing tougher regulation­s that would introduce fines and possible criminal penalties for landlords listing rentals without registerin­g with city authoritie­s. An out-ofcourt settlement will require Airbnb and other short term rental sites to get proof of registrati­on from hosts before they post short term rental listings.

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