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Home World Australia

‘Truman Show’ Holiday Rental Cap Affects Airbnb

23 November 2025
in Australia
0
‘Truman Show’ Holiday Rental Cap Affects Airbnb
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The Byron Shire in northeast NSW imposed a 60-day cap on non-hosted short-term rental accommodation in September 2024 to address rising property prices. Despite this effort, Airbnb claims that the rental market has worsened, with average weekly rents increasing by 7% year-on-year, and disputes the council’s data on short-term rentals. Local advocates argue that the housing crisis results from longstanding gentrification, emphasizing the need for more residential zoning protections. The situation highlights ongoing tensions between the local government and Airbnb over property management and housing availability.

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Tags: AffectsAirbnbcapholidayNewsRentalshowTrumanUrban Planning
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