The City of Sydney will call for major reforms to the short-term rental sector as it raises concerns that thousands of properties on hosting sites such as Airbnb have been operating without valid registrations.
Research commissioned by the city found that while there were about 2,500 active properties in the Sydney local government area (LGA) last year, according to New South Wales government figures, there were closer to 5,500 properties active in the area according to data sourced from AirDNA, a rental insights company based in the US.