State Government Seeks Feedback on Short-Term Accommodation Plans

LOCAL REAL ESTATE NEWS

The NSW State Government is seeking community feedback on a new discussion paper as part of its review of short-term rental accommodation.

Among the feedback being sought is the adequacy of the Short-Term Rental Accommodation (STRA) planning and regulatory framework, and potential policy options including incentivising property investors to make properties available for long-term rental accommodation.

Minister for Housing and Minister for Homelessness Rose Jackson said all options are on the table.

“We’re determined to do everything we can to tackle the housing crisis and put every part of the housing market under the microscope for options to encourage a greater supply of long-term rental accommodation,” Minister Rose said.

Minister for Planning and Public Spaces Paul Scully said they are hoping to better balance housing availability with the benefits that tourism brings to local communities.

“We’re in a housing crisis, so it’s important we look at every available option to boost housing supply, including a shift from non-hosted short-term rentals to long-term rentals.”

To have your say by 14 March click here.