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Does a 180-day cap on short-term rentals affect housing markets? Evidence from regional New South Wales

Year: 2025

Type: article

Abstract: With a strong post-pandemic rebound in domestic and international travel, debates regarding how best to regulate short-term rentals have surfaced as a key policy topic. This paper examines the dynamic causal impacts of a 180-day cap on short- and long-term rental markets in multiple regions in New South Wales, Australia. The analysis reveals a temporary reduction of active short-term rentals during the early implementation, which quickly dissipated. No evidence is found for the cap having any sustained impact on long-term rent levels. The results suggest that without effective enforcement, a 180-day cap alone may be insufficient to achieve policy objectives.

Source: Figshare

DOI: 10.6084/m9.figshare.29356190

Authors: Zou, Zhenpeng, Sigler, Thomas, Rambaldi, Alicia, Charles-Edwards, Elin, Corcoran, Jonathan

Language: English

Topic: Sharing Economy and Platforms

Subfield: Marketing

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Sustainable cities and communities, Decent work and economic growth

Open Access status: green

OpenAlex ID: W6977484240

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