Hosts of short-term accommodation platforms like Airbnb are shifting back to renting out their properties for longer terms as the rising cost of living dampens people's appetite for holidays.

Article is technically about the Gold Coast, but hopefully this will also apply to Brisbane.

A point of correction: the ABC’s author said BCC last week announced a 50% increase in rates for short term accommodation. They announced that last year. Last week they announced they’re increasing that from 50% to 65%.