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
Engineering assets to go
TIMED AUCTION: MACHINERY, EQUIPMENT UP FOR GRABS
Sewage at Cradle of Humankind
'STOP': INFRASTRUCTURE COLLAPSE SEES MUNICIPALITY RELEASE RAW WASTE INTO VAAL
SA food insecurity deepens as inflation bites
The number of people in South Africa able to meet their minimum nutritional needs slipped last year, as a weak economy and inflationary pressures hit households and deepened food insecurity.
SA actress on a wild ride in 'The Penguin'
MARIE BOTHA: BOEREMEISIE’ HITS BIG TIME-AND LOVES IT
At our pets' beck and call
Let's face it: somewhere along the way, pets stopped being just animals and became full-fledged members of the family.
China, Myanmar have least internet freedom in world
Washington - Myanmar and China have the world's worst internet freedom, with declines reported in a number of other countries, led by Kyrgyzstan, a study said this week.
Pretoria varsity probes EFF students after 'clear call for violence'
The University of Pretoria (UP) is investigating an incident in which members of the EFF Student Command (EFFSC) chanted the Kill the Boer song during their leader Julius Malema’s public lecture last week.
1 in 4 teenagers addicted to booze
STUDY: 26% OF KIDS GET FIRST DRINKS AT HOME’
Portrait by humanoid robot on sale
SOTHEBY’S: ONLINE AUCTION TO EXPLORE THE INTERSECTION BETWEEN ART, TECHNOLOGY
Vest made famous by rapper Stormzy sold for R16m
A stab-proof vest decorated with a union jack flag created by British street artist Banksy, similar to one worn by hip-hop star Stormzy at the Glastonbury Festival, sold in London for £780 000 (about R16 million) this week.