Australia’s youth are really coping it in the neck when it comes to housing. Not only are many unable to afford a home in the big cities, but now available rental supply is being gobbled-up by Airbnb as well. From Roy Morgan Research:
Australians are increasingly choosing to stay in rented houses or rented serviced apartments when they travel. Some 10.4% of travelers stayed in this type of accommodation on their last trip according to Roy Morgan travel research conducted in the year to March 2018. This is substantially higher than a decade ago when only 7.1% stayed in rented accommodation.