{"id":175553,"date":"2023-05-16T18:43:01","date_gmt":"2023-05-16T18:43:01","guid":{"rendered":"https:\/\/precoinnews.com\/?p=175553"},"modified":"2023-05-16T18:43:01","modified_gmt":"2023-05-16T18:43:01","slug":"yarra-council-urged-to-consider-airbnb-tax-registration-or-nightly-cap","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/world-news\/yarra-council-urged-to-consider-airbnb-tax-registration-or-nightly-cap\/","title":{"rendered":"Yarra council urged to consider Airbnb tax, registration or nightly cap"},"content":{"rendered":"

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The City of Yarra should consider taxing Airbnb hosts to incentivise landlords to lease their homes on the private rental market or sell up to ease the housing crisis, according to a Greens councillor.<\/p>\n

Annual council charges for short-term accommodation hosts already exist in Bass Coast Shire, Frankston, Mornington Peninsula and most recently Warrnambool Shire, but no inner-city councils have yet moved to regulate Airbnb properties.<\/p>\n

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Yarra councillor Sophie Wade wants the council to look at options to tax Airbnb hosts.<\/span>Credit: <\/span>Luis Ascui<\/cite><\/p>\n

Greens councillor Sophie Wade will at Tuesday night\u2019s council meeting present a motion requesting the City of Yarra investigate the merits of introducing regulations \u2013 such as fees, registration or nightly caps \u2013 on short-term accommodation in the municipality, which takes in the suburbs of Richmond, Abbotsford, Fitzroy and Collingwood.<\/p>\n

\u201cIn the face of a cost-of-living and rental crisis, and in a city where 50 per cent of our population rents, it is worth Yarra Council and the Yarra community considering options in this space,\u201d Wade\u2019s motion reads.<\/p>\n

The councillor bought her first home in the City of Yarra \u2013 an apartment that was previously operated as an Airbnb.<\/p>\n

\u201cI\u2019m a first home owner who bought something that someone offloaded. I\u2019m the case study of the exact kind of thing I\u2019m trying to achieve with this motion,\u201d she said.<\/p>\n

According to open-source database Inside Airbnb, there were 1608 properties available in the City of Yarra on Airbnb in March this year. According to census data, there are almost 50,000 dwellings in Yarra.<\/p>\n

About 80 per cent of the Airbnb properties listed are listings of entire homes, and 34.5 per cent of hosts had multiple listings.<\/p>\n

In November 2021, the NSW government introduced short-stay regulations, limiting the number of days a property could be on the market to 180 days of the year and no more than three consecutive months. It has recently extended the rules to other regional areas.<\/p>\n

No such laws have been introduced in Victoria. The Victorian Greens have called on the Andrews government to introduce a 90-day cap, a public register of short-stay providers and more powers for owners corporations to regulate Airbnbs in their buildings.<\/p>\n

Victorian councils with rules on short-stay accommodation already<\/h3>\n