City of Melbourne to Cap Airbnb and Short-Stay Accommodation Availabilities

City of Melbourne to Cap Airbnb and Short-Stay Accommodation Availabilities
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The City of Melbourne has decided to address housing availability concerns by proposing new regulations aimed at short-stay accommodation providers.

The city plans to introduce a $350 (US$226) registration fee for such providers and impose a yearly cap of 180 days on listings available on platforms such as Airbnb and Stayz.

Andrew Stacey
Andrew Stacey
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Andrew Stacey is a reporter based in Melbourne, Australia. He has extensive experience in market and data analytics.
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