this post was submitted on 19 Jun 2023
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Airbnb hosts revert to long-term rentals as rising costs of living hits bookings (www.abc.net.au)
submitted 2 years ago by [email protected] to c/[email protected]
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Article is technically about the Gold Coast, but hopefully this will also apply to Brisbane.

A point of correction: the ABC's author said BCC last week announced a 50% increase in rates for short term accommodation. They announced that last year. Last week they announced they're increasing that from 50% to 65%.

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[–] [email protected] 12 points 2 years ago (6 children)

Why do these always get framed as "woe is me" for the poor investors?

"It was an emotional decision" because now she can't make money off it AND use it as a holiday home for her family.

Cry me a bloody river.

[–] [email protected] 2 points 2 years ago (3 children)

"Landlord reveals he owns almost 300 properties in talkback radio call".

Can you imagine how this guy is feeling...

[–] [email protected] 2 points 2 years ago (2 children)

Owns, or has 300 mortgages?

[–] [email protected] 2 points 2 years ago

If he's owned them for more than a couple of years then he's in the black regardless.

[–] [email protected] 1 points 2 years ago

He never said. Websearch the quote.

He worked hard to buy his first house at 17 so I'm sure he owns at least one.

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