A Gold Coast investigation found former long term rentals were being relisted as short stay accommodation, in some cases earning owners four times as much, as tourism recovered and occupancy rates reached 90 per cent. The strata peak body called for laws letting bodies corporate ban short term letting, while the council said it would enforce planning approvals. Local vacancy rates stood at 0.6 per cent.
Reported by
Keith Woods, Herald Sun, 7 October 2022
PIPA has summarised this coverage for members. Copyright in the original article remains with its publisher.
