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Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels . "Short stay" rentals are an offshoot of the corporate housing market, [ 2 ] and are also offered by private owners and investors via online platforms such as Airbnb .
Today's global short-term vacation property rental market is estimated to be worth $100 billion. [1] The holiday cottage market in both Canada and the UK is highly competitive – and big business. [ 2 ]
These investors claimed this reversion had caused investment in rental accommodation to dry up and rents to rise substantially. This was unsupported by evidence other than localised increases in real rents in both Perth and Sydney , which also had the lowest vacancy rates of all capital cities at the time.
Royalties for Regions is a political policy formulated by the National Party in 2008 which involves the redirection of Western Australian state government spending from the major population centres, particularly Perth, into the rural areas of the state. This spending would be funded by setting aside 25% of the state's mining and petroleum ...
A vehicle for hire is a vehicle providing private transport or shared transport for a fee, in which passengers are generally free to choose their points or approximate points of origin and destination, unlike public transport, and which they do not drive themselves, as in car rental and carsharing. They may be offered via a ridesharing company.
Defence Housing Australia (DHA) is an Australian government business enterprise established by the Defence Housing Australia Act 1987.DHA supplies housing and related services to Australian Defence Force members and their families in line with Defence operational requirements.
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