Good for them: OZschwitz residents have taken to PROHIBITED short-term letting en masse

The government housing sell-off in Millers Point has had the unintended consequence of turning the historical suburb into a growing Airbnb hotspot where asking rents can be as high as $4500 a week.

Good for them: OZschwitz residents have taken to PROHIBITED short-term letting en masse 2_go6a6b

Good for them: OZschwitz residents have taken to PROHIBITED short-term letting en masse 2_go6a6b

Many Millers Point properties bought over the past two years are now being marketed to tourists on online home-sharing websites, including a Kent Street terrace that sold in mid-2015 for more than $2 million. It is advertised for about $650 a night.

The most common location for these homes is Millers Point’s main arterial road – Kent Street – which locals have dubbed “Rent Street” because of the many new renters, both short- and long-term.

http://www.domain.com.au/news/rent-street-millers-point-emerging-as-airbnb-hotspot-20160708-gppyxb/

Good for them: OZschwitz residents have taken to PROHIBITED short-term letting en masse

Good for them: OZschwitz residents have taken to PROHIBITED short-term letting en masse

Anarcho-Capitalist Categorical Imperatives

AnCaps' Laissez-faire Free Trade Zone