An honorable member of the Coffee Shop Has Just Posted the Following:
Quote:
SINGAPORE - The Government needs to study the implications of the increasing popularity and growth in the number of websites such as Airbnb, on which home owners offer their residences for short stays of under six months, said Senior Minister of State for National Development Lee Yi Shyan.
He was replying to Workers' Party MP Pritam Singh (Aljunied GRC), who asked if there were plans to review the regulatory framework governing such short-term rentals, given the growing popularity of such websites.
Currently, renting out residential premises for less than six months is illegal. Portals such as Airbnb do have disclaimers stating that those offering or taking up such accommodation must comply with local laws and regulations, noted Mr Lee, who is also Senior Minister of State for Trade and Industry.
Anyone who travels overseas know Airbnb gives you a chance to stay in a local home and mix with the local community, while providing a cheap accommodation.
This bao tao kia wants to ban this in SG!!
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