Airbnb: Landlord rights and responsibilities
The rise and rise of Airbnb has some Australian landlords pondering whether they should list their properties on the online accommodation platform.
However, landlords must understand the ins and outs of Airbnb — as well as their rights and responsibilities — before making the decision to opt in. After all, successful property investment is about the long-term result, not just the possibility of short-term rental returns.
How ubiquitous is Airbnb?
There has been much conjecture about how Airbnb is affecting the rental market, but recent research seems to show that it’s not nearly as pronounced as some would like to believe.
According to The Conversation, Airbnb properties in Sydney and Melbourne are concentrated around popular tourist areas, with little impact in the outer more affordable areas.
There are two types of Airbnb accommodation: entire houses or apartments for rent and partial listings where you rent a room in someone’s home. Read more
Michael Yardney - Smart Company - 8 June 2018