Double rates for short stay properties

June 20, 2023 8:18 pm in by

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Rates bills for owners of whole-home short stay accommodation in Hobart will be double that of owner-occupiers and traditional landlords – following a Hobart City Council vote.

The differential rating system introduced in a bid to fight the current housing shortage, by encouraging long term leasing of homes over short term holiday rentals.

Vacant lots will also be subject to increased rate payments under the new scheme.

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The general residential rate rise has been capped at 6.9%, in line with the consumer price index.