Tag: rental crisis
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Airbnb Dominance in Victoria: How Short-Term Rentals Tighten the Housing Crunch
Overview: A Towns-First Short-Term Rental Shift In popular Victorian holiday towns, the housing market has begun to feel the quiet pressure of a new economic driver: short-term rentals. Investors and property portfolios are purchasing multiple homes with the explicit aim of converting them into Airbnb-style listings. The result, advocates say, is a shrinking pool of…
