Global tourist hotspots like Barcelona and New York are banning or restricting the use of short term accommodation, like AirBnB to try to free up housing.

Now , Sydney is looking into it. 

Queenstown is also interested - with a third of homes empty every night due to short term rentals. 

Opes Partners Resident Economist Ed McKnight told Andrew Dickins that it makes sense for Sydney but not necessarily Queenstown. 

He says if  you take away Airbnb in Queenstown - it doesn't mean there's more housing for sale - because a lot of them are holiday homes anyway. 

LISTEN ABOVE

Global tourist hotspots like Barcelona and New York are banning or restricting the use of short term accommodation, like AirBnB to try to free up housing.
Now , Sydney is looking into it.&nbsp;
Queenstown is also interested - with a third of homes empty every night due to short term rentals.&nbsp;
Opes Partners Resident Economist Ed McKnight told Andrew Dickins that it makes sense for Sydney but not necessarily Queenstown.&nbsp;
He says if &nbsp;you take away Airbnb in Queenstown - it doesn't mean there's more housing for sale - because a lot of them are holiday homes anyway.&nbsp;
LISTEN ABOVE

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

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Ed McKnight: Opes Partners Resident Economist says Airbnb restrictions are not the answer to more housing in Queenstown

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f9902f5e-1ab3-400c-9706-b3dd013e3a7c/transcript