Airbnb driving market sky high | Owners Corporation Network

Airbnb driving market sky high

AIRBNB is driving up prices in Sydney's popular tourist spots and the hike will soon hit Blacktown, according to Owners Corporation Network chair Stephen Goddard. The University of Sydney released a study in January, which looked at Airbnb's impact across five Sydney council areas. Lead researcher Nicole Gurran said the study found Airbnb was "not helping the affordability problem facing many Australians".