Sydney's CBD. Image: Shutterstock
New data from the Urban Housing Lab at Sydney Uni shows Airbnb is drying up the supply of rental homes in popular Sydney precincts.
Andrew Sambrook has been renting out his apartment in Bondi beach for the past three months and says the Airbnb accommodation model suits him well.
“As the population of home owners get younger and younger they are more willing to adopt change. I’m young, so I’m open to taking risks,” he said.