Sydney Councillor Criticizes Short-Term Rental Profits
A Sydney city councillor, Chris Minns, accused the New South Wales state government of delaying reforms. Minns stated he wants to ensure any changes regarding freedom of speech restrictions are legally robust. He said that the measures must be permanent rather than temporary solutions subject to court challenges. Councillor Chris Minn expressed concerns regarding the legal durability of proposed changes. Minn stated that any restrictions on freedom of speech must be designed to withstand legal challenges rather than being temporary measures. Councillor Sylvie Ellsmore stated that residents are suffering due to the high profitability of holiday rentals for investors. She noted that long-term rental availability is low, with one figure cited at approximately 1%. The comments address the impact of short-term letting on local housing availability.
Topics
Developing
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Sources · 7 independent
2GB Sydney
“A city of Sydney councillor is accusing the state government of dragging its feet on reforms, but Chris Minn said he wants to make sure any changes stand up to a legal challenge.”
ABC NewsRadio AU
“Councillor Sylvie Ellsmore says the city's residents are suffering while investors make huge profits. People can make so much more money renting out their house as a holiday let than they could for a long term rental.”
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