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COMMENT: Are Airbnb hosts in breach of the RTA?

David Faulkner
Tuesday 30th of June 2020

We became aware of the situation on a recent consultancy visit to Christchurch. A business development manager highlighted that she noticed properties she had recently appraised for owners relisted on Airbnb.

Prior to the lockdown, these properties were used solely for short-term stays but instead of being used for one or two nights, they are being occupied for long term stays.

She explained that she had dealt with a steady flow of enquires from Airbnb hosts as bookings for short term stays had predictably reduced following the Covid-19 pandemic. No surprises there.

However, what became a sticking point to switching to the long-term rental market for many of these hosts was the work that they would have to undertake on their properties to comply with Healthy Homes standards.

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FMA outlines its latest expectations for advisers
Paul Flood: The danger is that the 'goalposts' (regarding what is acceptable or unacceptable adviser conduct) may be susceptible to change. Our 'Principles based' legal/regulatory environment lends itself to “prevalence-induced concept change” over time, perhaps not so much in the written laws and Code, as in the interpretation of the prescribed principles.
2 days ago Steve Wright
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2 days ago Backstage
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4 days ago Jon-Paul Hale
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To correct errors in my previous post: "policies, templates, and controls" should read "policies, processes, systems and controls", and "is more conductive" should read "is more conducive".
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