Property Owners and Tenants choose to live in Residential Dwellings and Residential Areas.
A NSW Parliamentary Committee has recommended that despite having purchased or rented a home or an apartment, we should all now live in unregulated quasi-Hotels/Transit Zones.
Drunken parties, security and safety risks, higher levies/taxes/insurance premiums etc.
Tenants and First Home Buyers must compete with Investors for a foothold in the housing market and a place to call home.
The Law in NSW is about to change. State Members of Parliament profitting from Short-Term Letting want to see this "Illegal Use of Premises" legalised.
NO RETROSPECTIVE CHANGES TO RESIDENTIAL ZONING!
WHAT CAN YOU DO?
NSW PROPOSED SHORT-TERM LETTING FRAMEWORK - SEPTEMBER 2019 - CLICK HERE
2. Write to Premier Berejiklian and Ministers:
Short-Term Letting Has No Place In Our Homes
Premier Gladys Berajiklian - (Click here to Email)
Innovation and Better Regulation Minister Kevin Anderson - (Click to Email)
City of Sydney Residents - please also write to Alex Greenwich - (Click to Email)
Which NSW Members of Parliament were referred to the ICAC over undisclosed properties and income, had their properties listed on Land and Environment Court Orders for the "Illegal Use of Premises", then went on to vote on short-term rental legislation without disclosing a conflict of interest? And just how many of our MPs are profitting directly from short-term letting?
“Australia is the most penetrated market in the world.” (Sam McDonagh, ex-Airbnb employee)
"The financial cost of the increased wear and tear is borne by all owners. One Sydney building commissioned reports on the impacts, and tracked the annual savings after removing all short-term lets (205 of 384 apartments at the peak). The building saved $1.3m over 3 years, while reducing levies 5% per year in each of those 3 years. Few strata owners realise that all owners are jointly and severally liable for costs incurred.
What if your building insurance does not cover a claim if a short stay guest is injured or worse?"
"Zoning Laws are only as good as the enforcement behind them. If you don't enforce, what's the good of having them on the books? It comes down to trust in Public Officials to enforce the laws...because if they won't enforce, they might as well not be there." Jay Brinkmann, Chief Economist and Senior Vice President of Research and Education at the Mortgage Bankers Association (MBA)