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Battle against cell masts in suburbs intensifies The soaring demand for faster and effective internet connectivity, has driven the need for the creation of 5th generation (5G) internet ...
Municipal performance hurting property and finance sectors  Delays in municipal building clearance and rates clearance certificates are impacting more than just the building industry.
Properties stay on market for longer The average time that homes remain on the market before being sold has increased significantly, ...
Victims fall prey to bogus property sale A Khayelitsha couple has become the latest victim of an apparent property scam operating in Cape Town ...

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Airbnb: body corporates move from prevention to enforcement

Airbnb has gained much ground in South Africa, and participating property owners are making so much money from it that many sectional title complexes and estates have given up trying to stop it.

Rather, they are focusing on holding those owners accountable for any security, maintenance and conduct issues.

The latest Airbnb figures indicate there are more than 43 000 hosts in the country letting space in their homes for an average 19 nights a year, and making R25 000 annually.

Andrew Schaefer, managing director of property management company Trafalgar, says some owners acquire property for this purpose.

Many find they can make at least R25 000 a month by letting Airbnb apartments in highdemand holiday destinations and commercial centres.

Schaefer says it has proved difficult for body corporates and homeowners' associations to stop this activity, even though other owners and long-term tenants complain about conduct rules being breached by shortstay tenants.

Read more: Airbnb: body corporates move from prevention to enforcement

 
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Tiger Brands [JSE:TBS] may never know how a strain of bacteria linked by the government to the world’s deadliest outbreak of listeriosis entered its factory.Africa’s largest listed...

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The abolishment of co-payments is one of the proposals of the Medical Schemes Amendment bill, announced by Health Minister Aaron Motsoaledi.Motsoaledi was speaking at a briefing on the medical schemes amendment bill and National Health Insurance bill in Pretoria...

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Politics

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A newspaper claimed on Wednesday that former president Jacob Zuma warned Zimbabwean opposition leader Nelson Chamisa against joining forces with a new party linked to former president Robert Mugabe.Chamisa leads the Movement for Democratic Change (MDC) Alliance...

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Cape Town – Cabinet has welcomed Minister of Public Enterprises Pravin Gordhan’s intervention into the ongoing wage negotiations between Eskom and employees represented by the National Union of Mineworkers and the National Union of Metalworkers of South Africa.This...

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Cape Town - On Thursday, Schalk Brits was named on the Springbok bench for Saturday's third Test against England at Newlands. Exactly 10 years earlier, to the day, on June 21, 2008, the now-37-year-old made his Springbok debut at the same venue off the bench...

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Cape Town - The Springbok team for the third and final Test in the three-Test against England in Cape Town on Saturday, shows five changes from the starting team that beat the English last week in Bloemfontein. Rassie Erasmus, the SA Rugby Director of Rugby,...

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