Rents could rise if landlords turn to short-term-stay alternatives

 ‘We Live Here’ residents advocacy group claims that short-stay websites are pushing up rents. Source:Getty Images

‘We Live Here’ residents advocacy group claims that short-stay websites are pushing up rents.Source:Getty Images

RENTS could rise if landlords began to favour short-term-stay opportunities over the private residential rental market, the state’s leading real estate body has warned.

Real Estate Institute of Victoria vice president Leah Calnan said investors could pull their properties from the market and put them on short-stay accommodation websites to avoid having to abide reformed rental laws announced by the State Government last month.