Popular Australian tourist destination Byron Bay will limit the availability of some properties for short-term holiday rentals, as authorities try to free up homes for residents amid a nationwide housing crisis. The New South Wales state government on Monday approved a request from the Byron Shire council to limit the short-term rents for some properties to 60 days per year to help boost the number of houses available for long-term stays. The decision comes days after Melbourne introduced the country's first tax on Airbnb-like stays, which the authorities in Victoria said would go towards funding more social housing.
SYDNEY - Popular Australian tourist destination Byron Bay will limit the availability of some properties for short-term holiday rentals, as authorities try to free up homes for residents amid a nationwide housing crisis.
The decision comes days after Melbourne introduced the country's first tax on Airbnb-like stays, which the authorities in Victoria said would go towards funding more social housing. Actor Chris Hemsworth owns a home in the area, but long-term residents and tourist industry workers are struggling to find affordable homes for rent.
"In the current housing crisis, it's important every available means to boost housing stock for the community is utilised."
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