Removing interest-expense deductions for airBNB is a possible solution. This will somewhat switch the profitability balance towards rentals, while having a fairly minimal impact on legit owners who are AirBNBing a property that they own for the purpose of residing
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Former Gabba Councillor Jonathan Sriranganathan's thoughts on Airbnb and other short-term accommodation | Spyke
Can always count on Jono.
Good read - hope to see policy change in this regard.
The disrespect in some of those comments thinking they should be allowed to leave homes empty all year when people are lying in the streets.
Removing interest-expense deductions for airBNB is a possible solution. This will somewhat switch the profitability balance towards rentals, while having a fairly minimal impact on legit owners who are AirBNBing a property that they own for the purpose of residing