Wednesday, April 24, 2024

Western Australia To Offer Airbnb Owners $10,000 To Rent To Long-Term Tenants

Western Australia to offer Airbnb owners $10,000 to rent to long-term tenants

Short-term accommodation owners in Western Australia will be offered a $10,000 incentive to rent their properties to long-term tenants to boost housing supply.

Airbnb owners and other short-term rental accommodation providers will be offered nation-leading incentives of $10,000 to make their properties available to long-term tenants in Western Australia.

The scheme is part of a slew of changes introduced by the Labor government to boost housing supply and regulate the growing short-term rental market.

Community groups say the strategy could double the state’s rental housing supply.
Read the original article at theguardian.com