How Australia handles airbnb, Stayz in a housing crisis

As more Australians find it more difficult to get housing and the costs of goods and services skyrocket, local and state governments have turned their significant legislative weaponry on short-stay accommodation providers. Some municipalities have increased rates for properties listed on platforms such as airbnb and Stayz, while state governments have capped the number of … Read more

The housing market is cooling as an estimated 25% of house prices drop their asking prices and are awakened by the flooding of Yellowstone: is your home sufficiently insured?

Hi, MarketWatchers. Don’t miss these top stories. Wake-up call Yellowstone flood: Is your home sufficiently insured? The flood plain is bigger than most people realize, and population shifts can cause more people to move to high-risk areas, without adequate insurance. read more The housing market is cooling down as an estimated 25% of house prices … Read more

Talkback caller finds unexpected help after telling the story of life in her car

Moss* was alone in her car on Wednesday, listening to ABC Radio Perth, when she heard a discussion about rent affordability and decided to stop by to tell her story. “Right now I live in my car,” she told presenter Nadia Mitsopoulos. “A month ago my landlord raised the rent by $50 a week and … Read more

Manhattan median rent hits $4,000 for the first time

New York, New York, it’s a great city! As long as you can afford it. As city rents continued to reach post-pandemic heights, they have finally reached an entirely new and bank-breaking benchmark. In Manhattan, the median rent hit $4,000 for the first time ever, according to Douglas Elliman’s just-released May rental market report — … Read more

Car sharing market wants to drive itself

There is finally a way to get around the supply/demand imbalance in ride-share, but it can be cheaper for customers than for investors. Car-sharing platforms Turo and Getaround, which allow customers to ride in borrowed vehicles, are approaching public markets in separate lanes. Both were founded more than ten years ago. Turo filed a traditional … Read more

Rental crisis forces potential tenants to choose between their pet and a home

Australia’s hot rental market is forcing tenants to give up their pets, flooding SA animal shelters with animals to be adopted. Most important points: Over 600 animals at the Lonsdale shelter are waiting to be adopted Tenants are forced to give up pets or at risk of becoming homeless RSPCA SA Calls For Law Reform … Read more

Noosa workers stay in hostels as tourists return to Sunshine Coast

Workers from the tourism industry in Noosa share eight-person rooms in hostels, while restaurants, cafes and hotels in the resort town are packed with visitors. Most important points: Workers in Noosa are forced to stay in hostels because of so little accommodation available Noosa businesses are desperate for hospitality workers but have few options for … Read more

Ceiling collapse is yet another problem for these Toronto tenants

When Nasra Ahmed heard from her distraught children that a ceiling had collapsed on a sleeping neighbor in their Toronto social housing complex, she started packing. For years, the mother of four had solved problems in their west side mansion, which had withstood flooding and leakage. The water led to mold rotting off a bathroom … Read more

Ceiling collapse is yet another problem for these Toronto tenants

When Nasra Ahmed heard from her distraught children that a ceiling had collapsed on a sleeping neighbor in their Toronto social housing complex, she started packing. For years, the mother of four had solved problems in their west side mansion, which had withstood flooding and leakage. The water led to mold rotting off a bathroom … Read more