Airbnbs are booming in a dire WA rental market. Are caps the answer?

Hart said supply was the key issue facing Perth’s rental market, where house rent prices have soared to a record $600 a month on the back of a historically low vacancy rate of 0.3 per cent.


Modelling suggests between 18,000 – 20,000 additional rental properties are required to see WA return to a balanced market, and the majority of these are needed in Perth.

The short-stay market is seen to be a lucrative alternative to the long-term rental market.

In the March 2023 quarter in Perth,…

Read more on smh.com.au

About bourbiza

Bourbiza Mohamed is an award-winning travel journalist who has been writing about her adventures around the world for over a decade. With a passion for exploring new cultures and experiencing different ways of life, Bourbiza Mohamed has traveled to over 107 countries across six continents and has documented her journeys in numerous publications. Bourbiza Mohamed writing is known for its vivid descriptions and personal anecdotes, which transport readers to the destinations she writes about. Her articles cover a wide range of topics, from off-the-beaten-path adventures to luxury travel experiences, and she has a particular interest in sustainable tourism and responsible travel. In addition to her writing, Bourbiza Mohamed is also an accomplished photographer, capturing stunning images of the people, landscapes, and wildlife she encounters on her travels. Her photos have been featured in publications such as National Geographic, Lonely Planet, and Conde Nast Traveler.

Check Also

Penrith Panthers’ success built on beating the cap by adding value from outside to powerful local core group

They are the batch of value-for-money Penrith players who keep the dynasty alive when the …

Leave a Reply

Your email address will not be published. Required fields are marked *