Accommodation platform Airbnb last week published research showing that its short-term rentals do not substantially reduce the availability of longer-term rentals in Cape Town, nor do they drive up rent significantly.
It called on government to expedite the creation of a host registration system "that would give authorities better visibility of hosting activity in their area and inform additional measures where needed".
This seems to be a proactive strike after several global cities introduced restrictions on short-term rentals on the assumption that they displace units that would otherwise be available for city residents to rent for long-term residence.
These measures vary from limiting the number of nights that hosts may rent (90 in London and 30 in Amsterdam) to geographical limits. In San Diego, no more than 30% of housing units may be used for short-term rentals, while the cap is as low as 1% in other parts.
This story is from the October 09, 2024 edition of The Citizen.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the October 09, 2024 edition of The Citizen.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
What to consider when drawing up your will
A will is not all about divvying up your estate - there are some other important considerations that you need to think about.
Proteas are cruising
RICKELTON: IN MASSIVE STAND WITH BAVUMA AFTER A FEW EARLY JITTERS
Pirates out to slay Abidjan
Orlando Pirates will be looking to keep up their unbeaten run in the CAF Champions League group stage when they come up against Stade d'Abidjan at the Orlando Stadium in Soweto this afternoon (kick-off 6pm).
An 'emotional' Test for Pant
Rohit Sharma's omission from the fifth Australia Test yesterday was \"emotional\", wicketkeeper Rishabh Pant (above) said, as former India coach Ravi Shastri predicted the skipper will \"pull the plug\" on his red-ball career.
Bavuma hits back at WTC critics
Having secured their place in the World Test Championship (WTC) final to be battled out at Lord's in London in June, the Proteas have come in for some stinging criticism from fans and pundits around the world of cricket.
Lategan Makes Early Statement
DAKAR: South African Driver Captures Prologue
Kaizer Chiefs more than a 'project' Mr Nabi
I couldn't help but shake my head listening to Nasred-dine Nabi ranting about Kaizer Chiefs being a \"project\".
Ertugral takes charge of CT City's relegation fight
Kaizer Chiefs will be looking to add more misery to Cape Town City when the sides meet in a DStv Premiership clash at the Cape Town Stadium tomorrow (kick-off 5.45pm).
Sundowns Have 'Big Ambitions'
WILLIAMS: MASANDAWANA KEEP PUSHING BOUNDARIES
Greaterix to prove his ability
TALENT: HE IS BETTER THAN HIS DINGAANS RUN AND WILL ENJOY THE DROP TO 1400M
