Byron Bay, Australia, imposes a 60-day limit on non-hosted Airbnb rentals to address housing shortages.
Byron Bay, Australia, has enacted a 60-day limit on non-hosted short-term rentals like Airbnb to combat housing shortages. This regulation, effective September 24, aims to increase rental options for residents by moving properties from the short-term market to long-term rentals. While supporters believe it will alleviate housing issues, critics warn that it could negatively impact tourism and the local economy. Some areas will be exempt from this cap.
September 23, 2024
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