this post was submitted on 20 Jul 2023
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Could a tax against empty homes help end Australia's housing crisis? (www.abc.net.au)
submitted 1 year ago by TassieTosser@aussie.zone to c/australia@aussie.zone
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My first instinct is "yes" but then I thought about it and I think it's just going to exacerbate the short-stay problem unless combined with other measures.

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[–] w2qw@aussie.zone 1 points 1 year ago

Outside of holiday towns I don't think AirBNB is actually an issue it's such a small percentage of properties that it's really just marginal. Arguably they get a small subsidy for paying residential rates but most the time it's an apartment that gets the minimum rate so effectively a hotel is paying less.

In holiday towns it's similar but arguably they cause more dramatic spikes in rent but overall it should be similar. Tourists are also generating a lot of revenue and jobs so would you rather low rent but no jobs or higher rent but a competitive job market?