Analysis of online listings on common online platforms shows even modest reductions in Airbnb listings increased supply of longer-term rentals. The result was lower local rents.
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Articles on Rental market
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New Zealand's housing market is ill designed to create the surpluses that would force down values. Only the state can change that.
Buyers and renters are very rarely told the energy rating of housing, but don't blame the agents. As it's voluntary for existing homes, very few are rated, so it's not a big factor in the market.
High rents and insecurity are constant sources of financial and emotional stress for low-income women. They describe what it's like struggling to survive and being one step away from being homeless.
Coronavirus has made it glaringly obvious how serious the problems with UK housing are.
Many want to do the right thing – tenants and landlords alike. But they lack guidance on how to go about it while still keeping their own heads above water.
Government action to control rents isn't unprecedented. Menzies did it in the second world and subsequent state measures kept rents in check for decades. Now extreme circumstances justify it again.
Representatives of tenants and agents agree that leaving individuals to try to sort out rent reductions has created a mess. It calls for government to step in to look after both renters and landlords.
Even before COVID-19, 22% of international students often went without food or necessities and almost half depended on paid work to cover the rent. With many of their jobs gone, they're now desperate.
The consequences of laws introduced into both the NSW and Tasmanian parliaments are anything but foreseeable.
Platforms like Airbnb have been blamed for reducing the rental housing supply and pushing up rents. But investors seeking more security might now want to offer their properties to long-term renters.
A new analysis shows an economic downturn due to COVID-19 will dramatically increase rental stress for people with insecure or casual work.
About 4% of Australian housing stock has been or is listed on Airbnb. The number of listings continues to grow, with a shift towards more professional managers of listed properties.
One in four Australian households now rent their homes in the private rental market. Flexibility and lifestyle are key reasons some choose to rent even if they can afford to buy a home.
Helping tenants find work supposedly creates a pathway into private rental housing, freeing up social housing for others. Private rental costs and the situations of many tenants make that unrealistic.
Two-thirds of tenants in Australia rent through an agent, so making a good impression on the agent matters. Certain characteristics count in tenants' favour, but some factors are beyond their control.
Once rent is paid, having to live on only $14 a day doesn't cover the costs of job seeking. The evidence of the need to increase Newstart and Rent Allowance is overwhelming.
Not all landlords see their properties purely as investments. As welfare reforms take hold, some are starting to take greater responsibility for the well-being of their tenants.
With Australian city rents too high for low-income earners, increasing numbers are forced to share houses or rooms or to live in options like 'beds in sheds' and other illegal dwellings.
It's now clear that a single American company, Airbnb, has upended local housing markets, pushed rental prices skyward and could be contributing to poverty, especially in cities popular with tourists.
Top contributors
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Senior Research Fellow, City Futures Research Centre, UNSW
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Professor of Economics, School of Economics, Finance and Property, Curtin University
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Professor of Urban and Regional Planning, University of Sydney
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Lecturer in Urbanism, University of Sydney
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Professor, Institute of Public Policy and Governance, University of Technology Sydney
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Research Lecturer, City Futures Research Centre, UNSW
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Peter Phibbs is a Friend of The Conversation.
Director, Henry Halloran Trust, University of Sydney
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Emeritus Professor of Housing and Housing Studies, RMIT University
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Research Associate, Future Social Service Institute, RMIT University
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Professor of Housing Research and Policy, and Associate Director, City Futures Research Centre, UNSW
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Research Professor, Centre for Urban Transitions, Swinburne University of Technology
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Senior Research Fellow, Geography and Urban Studies, Western Sydney University
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Adjunct associate, Swinburne University of Technology
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PhD Candidate, Urban Research Program, Western Sydney University
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Senior Lecturer, School of Property, Construction and Project Management, RMIT University
