Airbnb

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Sydney rents fell during the pandemic as investors swapped short-term holiday lettings for traditional rentals, UNSW research shows.

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Analysis shows most tourist accommodation — be it Airbnb or traditional hotel accommodation — comes with sizeable greenhouse emissions.

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UNSW Business School research shows Airbnb hosts who appear to be more attractive and trustworthy charge up to 5 per cent more than their peers for similar listings.

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In 2016, a Victorian court decided an Airbnb arrangement was a lease. 'Guests' could be protected by tenancy law, including against eviction. And in this case the host was evicted for subletting.

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Short-term letting via digital platforms benefits some in the market at the expense of others. Closer regulation might be needed in Melbourne and Sydney, where a permissive approach prevails.

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As the NSW State Government moves to impose limits on apartment owners who continuously let on a short-term basis, one issue is that Airbnb isn't transparent about how many properties are truly 'shared' and how many are just part of a business.

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UNSW researchers are hoping to shed light on the role that Airbnb plays in the housing affordability crisis in Australia's two biggest cities.

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As the sharing economy evolves, so do insurance models, writes Rob Nicholls.