Australian Financial Review: Building a Home to Share

“Visitors to David McCrae’s Sydney home, who are many and varied, note how perfectly the light, breezy space captures the spirit of the northern beaches locale. Then they head upstairs and unpack. McCrae, a principal architect at Manfredini McCrae, designed the house with a private bedroom and bathroom on a separate floor, which he sporadically rents out for $125 a night on Airbnb.

This allows McCrae and his wife, Louisa, to live better, not worse, he says. “In a materialistic world such as ours, we appreciate this opportunity to share the resources we have.” The McCraes share well; they enjoy the interaction with people from across the globe and also use the car-sharing service GoGet instead of owning cars.

The couple is part of an economy shift that is loosening ties to ownership and even has Australians sharing their most personal assets: their homes.” - Anna McCooe, Australian Financial Review

Airbnb’s recent establishment of an Australian office means more households are starting to look at the ways they can make a bit of extra income from their spaces. With over 5000 properties currently listed on the p2p accommodation marketplace, the number of listings grew 110 percent in the last year and continues to grow.

Read more at the Australian Financial Review.

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