The accommodation site Airbnb has changed the way we holiday, increasing competition and opening up new destinations. And it has helped many Australians make an income from their homes.
It’s a company that started when its founders rented out an airbed in their living room in San Francisco. By 2020, it was valued at more than 100 billion US dollars.
But in some places short-stay accommodation like Airbnb is starting to overstay its welcome.
From New York City to Byron Bay the rules are tightening as cities struggle to accommodate their own residents.
In this episode, economic and urban geographer Thomas Sigler discusses whether tough regulations on short-stay rentals will really help to solve the housing crisis.
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