The difficulty of finding out about building defects creates an information deficit that threatens public confidence and stability in the apartment market. NSW has begun work on a solution.
Building defects in apartment blocks are far from unusual. We need to identify the systemic flaws contributing to them.
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.
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.
UNSW researchers are hoping to shed light on the role that Airbnb plays in the housing affordability crisis in Australia's two biggest cities.