This post is all about the impact of STL on housing and has been marked as Category “Housing” as part of “Short Term Letting”.
This post has been marked with the Tag “Cod of Conduct” and “Housing Supply”
The NSW Government has implemented a new statewide regulatory framework for short-term rental accommodation (STRA), which includes a new planning framework, fire safety standards for STRA dwellings and a new Government-run STRA Register. The new framework compliments the mandatory Code of Conduct and changes to strata legislation made by the Department of Customer Service.
The new regulatory framework seeks to ensure local communities continue to enjoy the economic benefits of STRA, while managing potential adverse impacts.