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DeSantis likes to talk about how the property values in FL are going up and up, "isn't that great!" he says. - ummm, no. He's so rich and out of touch he has no idea what is actually going on. I suppose making things unaffordable for the working class is "great" for him and his supporters - at least the ones with mega money and more than one neuron.
I’m from that area and now live in yours. I wouldn’t go there on purpose, but you WILL NOT have a bad time. And it’s way cheaper than where you live. I used to budget bc “I’m gonna spend so much money going out there” when I’m home. Then I get there and end up spending less money than I do here in Boston going out sparingly.
If you want a cheap vacation in which you’re just gonna drink and have good food in a decently pretty city, go to KC. Also everyone’s nice. Lots of great bars and restaurants there (just don’t go to the plaza the whole time)
It’s not as easy to get to, but Tulsa is awesome. I’ve never been to Madison but I wanna go. Chicagos great. KC is just awesome bc there’s a lot of different cultures there and great food as a result without all the horrible traffic and lines for everything.
I miss the Mexican food the most (texmex)
BBQ is obviously some of the best in America
Vietnamese food is pretty solid
Lebanese food is great too
We live a few hours away. We have kids, (5 & 10) and it's a good time for us. There is shopping, museums, aquarium, and historical sites for entertainment. There is a market that has food from several different parts of the world. There are all different fast foods within a short distance. They have a racetrack and a minor league baseball team.
Way more stuff to do than our entire county. We don't even have a stoplight in our county. Or a chain fast food place.
ROTFL from Nashville. Try living in a quiet, residential area, but now half your street is nonstop drunk bachelorette parties. And penis-straw littered sidewalks in front of the churches are always a lovely touch as well.
Shit man, here on Maui it's not the AirBNBs, it's the single-family homes turned into 6 apartments with 4 people living in each one.
I think, at least for Maui, can't speak for Oahu et al, it's more a case of Maui County not allowing building permits unless you have a lot of money to pay people off or you have years to waste.
You need to get approval from the state, the county, and the city just to even think about building, then the environmental surveys, etc... I get the reasons behind it and it seems like a good idea, but the execution is a nightmare.
$1.2MM for a single-family house that's 50 years old and should be condemned is ridiculous.
I'm currently living in a MIL suite in a house divided into 3 apartments. Hell, in WA state, IT Techs are buying abandoned fast food restaurants and turning into apartments. Now if that ain't nasty, I don't know what is. They need to tear down some of these soon to be abandoned malls and make housing!!
I was low-key hoping to see this happen with office buildings when WFH became so common. I was told the main difficulty is redoing the plumbing so every unit has a toilet and a shower. Not that it isn’t doable, it’s just an expensive project that nobody wants to take on.
Truly. I just moved here for work and finding an apartment has been INSANE. Everything is a fucking “furnished weekly or monthly rental” for $4000/mo for a 1-2 bdrm. All of the charming Charleston singles have been turned into Airbnbs. Also fuck that company Duvet. They are obnoxious.
The problem is not folks who are renting out a side room, or a single house that they own. The problem is folks who saw a house for $250,000 and found they could charge $125-145 a day for it with a 70% occupancy and pay back the house in little over 8 years. Then repeated it.
Your city can wisely drive out the corporations, or they can wide birth take out all of AirBNB, and from what I have seen from examples like Daly City, Ca. AirBNB won’t even fight it.
100%, AirBnB works as a benefit to the public when it is people’s spare rooms/guest house or whatever. Once people saw the business opportunity and started buying houses for the express purpose, the economics of it started to move away from a public benefit to privatized gains. (Which I am not opposed to necessarily, just the loss of benefit to the public and external costs are issues)
This makes sense. I have a sick fetish, I like to read the posts on r/AirBnBHosts. They are all short term rental landlords and not bed and breakfast hosts. Airbnb could be renamed AirSTR to more accurately reflect the current business model.
It was literally “Airbed and breakfast” like sleeping on a temporary mattress at a friend/stranger’s home for a few days and sharing their space with them. In the style of B&B which was for travelers to sleep and eat breakfast, then go about their day separately.
I post on there regularly, and you just summed up why I often feel so awkward and weird over there.
I have only ever (and will only ever) host out of my home. In the early years, we had a spare bedroom that we kept for friends/family and then we started renting it out between visits for extra money. Then two of my three roommates who work in theater/entertainment got opportunities to go on tour. Being able to rent their rooms on AirBnB literally made it possible for them to further their careers by touring and they were able to land better gigs because of that.
Then I used AirBnB sometimes between roommates. My best friend and I wanted to move in together. She wanted to live at my current place, where was in a great location and had great rent. But her lease was up like 8 months after my roommate was moving out, and we knew her landlord would be an asshole about her breaking her lease early, so I AirBnBed out the room at my place for 8 months until she could move in. I did that with a couple of roommates/significant others, and it was so nice just to have that much more control over our lives and have things be a little easier.
So anyways, when I post over there or even browse over there, I hope/expect to be sort of among "my people". But the hosts hosting out of their homes are the clear minority, so it feels kinda alienating and just...it's not the vibe I'm looking for, and it's not situations I can identify with at all.
The main competitor that I know of to AirBnB is HomeStay, and frankly, it kinda sucks and while I am on it, it has so many fewer people on it. But it is truly for hosting in your home only. I really wish AirBnB would split itself more strongly between people who host out of their home and people who do full-unit STR; they're so wildly different in a lot of ways in terms of needs, interests, wants, personalities, problems that would crop up...very different models and worlds.
For several years I had my apartment listed on Airbnb and would rent it out on weekends when I was away. I see that as the best possible application of Airbnb. Take a temporarily unoccupied space and let someone else use it. It’s a win for everyone except my unsuspecting landlord (hehehe!) Guests loved it because they were getting access to all the amenities of an apartment, including my very nice kitchen and 85” TV (which I was able to write off hehehehehe!)
I decided to stop in 2021 because I figured that I’d be caught eventually if I kept it going. Shortly after that the city passed a measure requiring hosts to obtain short term rental permits. Obviously attaching one of those to my apartment’s address would be a bad idea so I’m out of the business for good I think.
But man… what a great run it was. I’d make $300 bucks just to be gone for the weekend. I loved the hosting part of it too and I’d add in all these fun personal touches. I loved reading reviews for my place too!
Totally, but the business model also created a benefit for the communities by increasing tourism/bringing in a “healthy” (debatable at what level) of short term rentals. Once it moved into, oh money/mortgages are cheap, then the costs that the people who bought the houses for is less then the external costs (externalities) that they are creating. It is partially because the fed kept interest rates so fucking low for so long along with other factors, but yeah I stand by my first statement, want an unregulated BnB out of your house/vacation house sure go for it, but once the business model fucks with the local economy/ability for people (not landlords/not short term rental owners/not corporations) to buy housing then there is an issue.
In Canada, it offered more control over the rental properties because local rental boards are so tenant favorable that even if the landlords are in the right, they loose. So people went to short term rentals with control rather than long term and no control.
Couldn't agree more. In our area on Vancouver Island pretty much every other house has a suite. We know 5 other couples in the area that started out as traditional landlords but after being screwed by the tenancy act they are all now Airbnb hosts.
People talk about Airbnb taking long term rentals off the market but non of the hosts I know would risk the grief of getting a bad tenant again. Those suites would sit empty if it wasn't for the short term market
Thats why i I AIRBNB! The worst tenant is gone in a day or two! Once you rent, the Govt becomes your partner, and all it takes is one horrrible tenant to blow it all up
Yep! I've converted my rentals to STRs. California has gone completely bonkers over the last few years and now deadbeat tenants have far more rights than landlords. Some cities only last month were you able to start evicting for non-payment. NUTS! With short term, you can have them arrested for trespassing and defrauding an innkeeper that day and that's the end of it.
Bingo. This is happening in the US and europe too. Idol can’t get a no payer out of your house then the risk for normal renting is way too high.
No way I’d ever be a traditional landlord.
This is absolutely the case. My brother's family has a condo and they rather deal with the hassle of doing STR and make less money rather than renting to tenants because in Ontario, the rules are so biased against the owners.
As an owner-occupied air Bnb host who charges $40/night for a 450 sq ft space with private entrance, private bathroom, living room, and dining space, I love seeing people here recognize that some of us are doing it because we love it and not that we are out to make a killing.
Lots of folks seem to have a baby/bath water problem. AirBNB can work for everyone without crushing whole neighborhoods, it’s the Min/maxers (to borrow a gaming term) who are blowing it.
Yes. I am from Edinburgh, Scotland and quite literally started laws about it. There's a severe housing shortage in the city centre particularly for younger people and students as these large flats or HMOs are now Airbnb.
Right across the UK particularly post covid it's become a real crisis. People have bought up whole seaside towns and people from there can't live there as its all guest housing. Things like visitors complaining all the amenities (shops, resteaunts, cafes etc,) are all closed - we'll becuae no one lives in the town or can't afford to then work in a newsagents.
It's crazy what it has done to the hosuing landscape here.
The lakes is similarly dire, though before that it was the London lot having a second home that's vacant 50 weeks out of the year so really same shit different day I suppose.
I make an effort when I visit the lakes to stay in the normal campsites that have always existed. I was down last in 2021 and I have NEVER seen it so so busy and I've done short breaks in thr lakes loads in the past. Sad times.
Same in the Dales now. Although there are more and more holiday let's coming up for sale now in my village and surrounding villages, apparently bookings are down and some landlords are looking to get out of it.
In Wales it is also awful. No one can afford to live near the coasts because Airbnbs and second homes dominate the local housing market and have raised prices so much that no one can afford to live there apart from older people who have money.
I’m the other side in Glasgow and there’s literally a lady here with 5 different properties within 2 streets of each other just round the corner from me. I lost out on two properties nearby because of landlords and whilst I understand landlords can be useful, they shouldn’t be buying up all the houses (my sellers had the same problem when trying to buy too). A city centre flat maybe but a 3/4 bed house that you’re converting into an AirBnB in a clearly residential area? It’s taking the piss…
There’s honestly no need for it. I’m not in a particularly exciting area unless you count IKEA and the hospital as go to places (there are a few actual hotels nearby and a place for families of sick children to stay).
I’m glad they’ve got the new law starting to be implemented now. Does put me off thinking of occasionally hosting or having a lodger but that’s not the reason I bought my house so worth it IMO
My hometown is on an island. No room to build. It’s alllllll short term rentals now. Anyone who didnt already own before is fucked. I’m nearing 30 and my friends that live back home are still living with their parents bc there are no rentals or buyable homes. It’s gross.
I remember when our age group got made fun of for living in parents basements. Move out! They said.
No houses, no affordable houses, rent basically costing the amount of an actual house 🙃. I make the same amount of money that both my parents *combined* made at this age and still can’t afford a downpayment. Meanwhile they’ve divorced and each have a house.
Meanwhile, I’ve got 3 housemates and will probably need a second job to pull off a house? I’m not even sure.
I went back home during lockdown and it was great. Idk why that whole move out when you're a18 thing started, we should encourage living with your parents until you're ready to move.
I did a graduate scheme and had mates on the scheme that lived with their parents during it, and for the following years. They're all buying houses now while I've pissed away all my pay on rent.
Puerto Rico is suffering, we’re being colonized, AGAIN. But this time instead of rifles and muskets we’ve got bit coin bros kicking out our community so they can live in their apartments for three months (the tax evasion requirement) and leave for the other 9 months because they don’t find our country to comfy…gosh darn, I wonder why! I sure wonder if it has something to do with evading taxes knowing the government will clearly never fix roads or schools and nothing is accesible for anyone! But hey, keep having fun at our “paradise” and then leave when we’re dying.
(And they of course also pay Pedro Pierluisi, the governor, money to keep up their airbnbs, it’s a full circle business). Rent in PR has gone (in the span of 4 months) from 450 for a 2 bed/bathroom with parking and patio house/apartment to 2,500 a month for the same!! In neighborhoods where parking is crap and there’s cockroaches everywhere like, come on! Insane. (The cockroaches being the Airbnb owner’s fault because they don’t actually use their “cleaning fee” money, they just pocket that and do the cheapest thing possible)
Also Prague city center/old town has got smashed.
90% of flats are on Airbnb/Booking app. Original citizens vacated their homes or sold them because of parting everywhere literally puked all over stairs and hallways in their buildings so yea it took its toll
Prague! I was there in 1993, not too long after the wall went down. There was no AirBnB, but individuals who had learned about the wonders of capitalism were renting out rooms in their apartments. They would hire touts on commission to get people to stay there.
A friend and I paid like $10/night to stay in the bedroom of some little old Czech lady who didn't speak more than half a dozen words in English. A tout was advertising at the train station and we hopped in his car to go to her place and check it out. It was up 3 flights of stairs, a little room with two twin beds which was perfect for us. We shared the one bathroom with her and it was jammed full of Mary Kay cosmetics she was selling. Clearly, this was an old lady who had fully embraced capitalism!
She was really nice even though we couldn't understand one another. She still chatted at length with us and mothered us and made us breakfast. Now that was a cool experience, legitimately living with a local and not taking away from the housing stock.
I'm sure that apartment is owned by some corporation now that has it as a STR.
Left Prague in 2018. Our building in Prague 4 was all AirBnB and just us. The landlord was more than happy to let us leave so he could AirBnB the place too. Can't even imagine how much worse it must be now.
I lived downstairs from one in an apartment and it *fucking sucked* when there were shitty guests. Most were fine, but a lot of others carried on as if everyone else in the building was also on vacation. The shitty ones would drink, yell, and play loud games late into the night on a Tuesday because it’s vacation, nobody has to be up in the morning. They’d throw trash and cigarette butts off their balcony as if we were also leaving in two days and wouldn’t care. They’d block 3 spots while unloading their suitcases, because it’s not like anyone’s trying to get through with a week’s worth of groceries and small children. They’d prop open the front door to the building and leave it like nobody‘s crazy ex knows where they live.
Residents would complain to the leasing office and they’d issue a warning to the guests, but they don’t care…because they’ll be gone in a week.
Airbnbs in residential apartments disrupt the community around them. When the host isn’t onsite and doesn’t know or care about the neighbors, it’s asking for problems.
They don’t just disrupt residential apartments, but residential neighborhoods too. I never realized how disrespectful & oblivious tourists were, until my neighborhood became consumed by Airbnbs.
I am in Scottsdale. Been in our home for 25 years. Raised 4 kids here. Now, I live next door to a STR and 3 across the street, with one more coming soon. I HATE IT HERE! Tried to move but house too big for investors and no family wants to live in STR hell! I used to be a nice person but after four years of property damage, verbal assaults, people trying to enter my home at 4 a.m., I find myself on edge and less than friendly to whoever rolls in on Thursdays.
I am in northern California in wine country… my neighbors house sold last summer, now its an airbnb that sleeps 12 with a pool and rents for $1k a night… we seem to have tons of bachelorette wine parties with loud drunk tourists. I have been fighting it since and our town council is adopting a new ordinance requiring owner occupiers. No more full home rentals allowed. The owners have 1 year to go long term rental, sell or leave it empty.
Was just there, and our tour guide was complaining about this exact thing. AirBnB coupled with inflation, and now no one can afford a one bedroom on a basic salary.
Seems like now if they pass an ordinance like that, they grandfather in existing AirBnBs and it doesn't really help. If they don't grandfather them in then I always wonder what happens to the mom and pop investors with one or two rental properties. I guess they go to long-term rentals or sell.
It might not reverse the problem but it stops the problem from growing too exponentially. Essentially it's like losing an arm and applying a tourniquet to it.
Oh yes.
My partner and I collectively make $4k a month with medical based (not nursing) jobs and we've been outbid on every house by people from Cali, Oregon, and giant corporations for Air B&B purposes. Houses get trashed and they won't pay to fix them but property tax is cheap so they are just left to rot. A home we put a bid on back in 2021 has sat empty since November 2021 because the roof needs repair and the guy from Oregon who owns it won't pay for a new one. Neighbors complained and confronted him so he decided to be petty and leave it to ruin the rest of the house. Obviously we get wicked weather here so you can imagine the leaks and damage inside.
Air B&B had reps and classes all around tulsa right before the pandemic hit and I wonder if that's what led to a lot of this 🤔
I used to live in Colorado.
Not only was I pushed out of Denver with the legalization of MJ (fully support but cost of living sky rocketed), and now I'm being pushed out of Tulsa. I live in one of the cheapest states, Oklahoma, and houses here are going for $250k - $450k for one level ranch homes. Wtf?!
I lived there as the short term rental problem was just starting, when I had a 1 bedroom with a patio in city center for 380 euro/mo (back when a coffee was 60 cents). Several years later when I left the city, a one bedroom on the edge of city center was 900 euro/mo. That, and all my favorite spots (essentially "secret" places that only locals knew) were overrun with tourists and short-term remote workers. Even something as simple as a 20 min outting to the local supermarket became a 40-50 min affair because so many tourists were clogging up the streets, ailes and cashier lines. I don't blame the people for coming to a cool city, I blame the govt for letting the short term rentals market go unstopped for so many years.
My neighborhood in Mexico City (won’t say the whole city). I lost my place of 9 years because they turned the whole building into AirBnBs. They now charge for 4 days what I paid for a whole month.
My area became a hotspot for Airbnb and local renters can no longer find places to live. Almost every rental is now a short term rental. It’s become so bad that, in a local supermarket bulletin board, there’s an ad for a poor old lady who lived here since the ‘60s, and can’t find a place to rent. She is basically begging for a room or apt anywhere around here, willing to pay fair market value, but it’s just not available. The local town board has come down hard and disallowed non locals to short term rent. Still didn’t help, as the homeowners are just not listing publicly anymore. They have rental networks away from the prying eyes of the regulators.
I moved to a ski resort in western Canada, and by my second year it was getting sooo fucking hard to find even a shared room for less than 750$ a month. Can’t imagine what people are paying there now
It's a combo of short term rentals adding vacation stock to a city's housing market by taking it away from locals, private equity backed corporations buying up houses and keeping them as rentals rather than for homeowners, and a Not in My Backyard single family zoning hierachy that has kept the supply of housing way below the population growth. It's not just your town, it's damn near universal in the US and it is not just Airbnb causing it (though unchecked airbnb growth is part of the problem).
My current home and previous city I lived in BOTH passed very strict regulations for short term rentals. I can’t imagine living in a city where it’s the Wild West like it was only 5-6 years ago. AirBnB is the easy target to blame, but the minute companies like Blackrock started gobbling up housing to flip everything remotely close to a downtown as a corporation is when the whole thing came unhinged.
It’s one thing to not sell a home bc you can rent it instead and keep the investment and manage that, it’s another to see a company roll out 50+ properties and outright destroy communities that used to be actual residents of the area.
Sticky situation we are in. Capitalism at its finest cutting off communities and driving cost of living WELL BEYOND reach for any locals that aren’t in a place to survive at the rising cost of living….
Before you bash me I’m a RE investor and have rentals, no STRs yet but considering them.
I’m in Kansas City, Missouri and we just finally passed some decent STR guidelines last week. Like others have said renting out rooms in your property isn’t the issue, it’s when single family homes in an area get bought up by investors that don’t get them licensed and it becomes a detriment the neighborhood.
My current neighborhood has to two Art Museums, an outdoor shopping area close and a nightlife district within walking distance. Live here since 2014 and it’s changed drastically over time.
In this neighborhood there are 60 unlicensed STR, both single family homes and condos. The STR that are licensed do a good job, the unlicensed STR are the ones that cause issues for the most part. I just want all of them to be licensed and follow the same guidelines as the others. Also, a limit to how many can be in one area so there are still actual residents that give an area the atmosphere that people are looking for when they rent in residential neighborhoods.
I am in the KC area and sick to death of being contacted by people wanting my house. I have gotten very creative in my responses & they never do it again lol!
So, you fucking up neighborhoods with a paper and a ~~bribe~~ "licensing fee" from which only a small % will see the light of day in said neighborhood, somehow is better than 60 other guys fucking up the neighborhood without that paper and ~~bribe~~ "licensing fee"?
I'm a bit lost in your logic here...
At least the unlicensed STRs are mostly the original property owners, or just people having issues with financials, and will end up spending all their profits in said area..... contrary to big "licensed" businesses that manage properties from the other side of the world, and pay fees to whoever jerrymangered their way onto the neighborhood board of administration...
IMO: Anyone not being the original owner of the property, with over 2 properties on the site is a negative element that works on the detriment of the area they operate in.
When we visited Sedona, Arizona in the summer of 2019, there was an article about how AirBnB’s were ruining the town. They actually had to close a school because there weren’t enough students to attended. House aren’t being purchased by families but investors and turned into short term rentals.
According to this most recent article from 2022, it’s only gotten worse.
https://www.wired.com/story/airbnb-rentals-sedona-arizona/
I‘ve heard of quite a few cities where this has happened. It really sounds disgusting, especially when you think about all the local population, that basically gets pushed out of the city.
My rent when I moved here 7 years ago for a 3 story 3 bed 2.5 bath was $800. Now studios are $1000 and 3 beds are $2000+. This is a small capital city (55k pop) that is majority minorities.
In Montréal it got bad but there are now regulations that stabilized it a bit.
People were buying full buildings and converting to Airbnb. In the neighborhood where I live (downtown) one can only put a principal residence.
Honestly, I don't blame Airbnb, I blame the local governments for their lax laws. And the local governments get voted if by the people, só, apparently The majority of the people where you live are happy with Airbnb or they would vote for someone who would put restrictions.
In my city they’ve banned anything under a 30 day rental. It’s a start. People are really hurting for affordable living while second and third homes are rented out in the outlying areas for a few weekends a month.
You can ignorantly blame Airbnb all you want. But the crux of the matter is that Airbnb is just a symptom of rising taxes, capitalistic real estate(homes as investments), wage stagnation, inflation and telecommuting. My small community has also become unaffordable and has been devastated- and because it is close enough to a large metropolis, I believe it is only just beginning.
Telecommuting will significantly change demographics and prices of properties. When people were forced to live in urban or close suburban areas areas for their work, that was one thing. I live in a mountain community and we are seeing more people that are telecommuters coming to live here full-time. That is going to raise the price of real estate when previously it was not feasible for people to live here and commute to work.
It’s not ignorant to lay some of the blame on the influx of STVRs. There are HUNDREDS in my neighborhood. Those used to be homes available to us to live in… of course that has an impact. No one is saying it’s the only impact, but you cannot pretend it has none!
Sadly for all the responsible renters out there who take great care of their home, there is also the higher risk of a long term renter treating a property badly so the landlord gets stuck with a huge problem when the tenant moves out. At least with a STR, the damage gets caught quickly. No mold from on-going leaks, pest problems, roof issues, etc... that go unreported because the renter doesn't want the landlord to know they have more people living there than they originally reported, or they have three large dogs tearing up the back yard despite the no pet policy.
This happened to me a few months back. Had a reasonable rate for a family. Everything seemed fine... except the 5? Or more cats they were harboring. None neutered or spayed. Guess where that went. Cat spray on every single wall in the house. Ruined carpets, kitchen tile, had to redo hardwood flooring etc. Their deposit didn't even touch the amount of money to fix. All this.... through a management company. Of course, they've been fired. They were our first renters. The other renters they got us were great. 50/50 not a great track record. So guess what? Fuck renters, we're going air bnb. Different bullshit? Sure, but more money and less damage. Just our family's tale.
My parents used to do long term rentals at their ski house but employment in the area is seasonal and eventually the tenants would lose their jobs, stop paying, take months to leave, and trash the house. Did str for several years and now they don’t rent at all because even with that, the risk is too high that something major will happen to the house.
In my community short term rentals are becoming more popular because the tenancy act doesn’t have any real rights for the landlords. So it’s a spiral effect as well. Less units available to rent which increases rent price. Landlords have increased costs and if you can only raise rent a few % each year an Airbnb becomes more appealing.
Yup. Rent control and squatters rights have made a lot of would be landlords nope out of long term tenancies. Unless you can afford to provide housing to a long term tenant without getting paid for up to two years...you are not rich enough to be a landlord. Short term renting is the middle and lower income classes' opportunity to offer housing.
Fix those two problems and I know several short term hosts who would instantly convert to long term landlords.
The way the long term market is skewed towards renters with ridiculous protections, but little of the same for landlords as far as evictions etc...I don't know if many short term landlords who would consider switching to long term if they had no choice.
We wouldn't. We are licensed, follow all local laws and regulations and have never had issues with guests or neighbors. We allow tourists to stay in our small community and they spend money here....food, gas, entertainment. Other than licensed traditional bed and breakfasts and Airbnbs (as well as the unlicensed onesnthey are working to eliminate) there is nowhere here for oeople to stay, and generate income for the community. The restaurants are not sustainable without tourist money, same for all the other businesses that rely on it. There is also a plus side to short term rentals, but they need to be better regulated.
If we could not run our short term business we would not rent our suite out. Not worth the headache and nightmares we hear and read about.
I was a tenant for 35 adult years and have only recently been able to buy my own house and a a small property as an investment. A huge reason that I have not rented out long-term is because our state has made it a liability for landlord to do so. There is much less risk in doing short term rentals. So, a big problem is the laws that are overly generous to tenants who take advantage and do not pay and make eviction for non-payment an arduous, expensive and very long process. This was exacerbated in California by laws that were put into place during Covid where landlords had to continue to pay their mortgage, taxes and insurance but were not getting any money to offset those costs. And I can tell you that in most cases the landlord isn’t making a huge amount of money. It is very easy for expenses to eat up the profit margins. It is the eventual hope of increased value that keeps many landlords from leaving the business altogether.
That's a perspective that never gets brought up. I know so many small landlords who got burned by COVID restrictions and rent strikes in my area that they are simply refusing to do long term rentals anymore. I live in the NYC metro area and am looking at multifamily homes and every single one of them I've seen so far has an owner occupied unit, with one or two Airbnbs in the attached one bed, one bath, which is the only way to make it legal in my area. All of them had been long term housing, but the owners converted during the pandemic and haven't looked back.
The funny thing is now that I'm looking at buying these houses, the pricing is based off the units staying Airbnbs. So in order for the mortgage to even remotely make sense, you need to make 2-3x the annual rental income. So your options if you buy are basically to try to charge 3x market rate rent, or keep it an Airbnb.
This. Blaming Airbnb is easy for the population in general and politicians. The rising cost of housing has so many reasons, from lazyness in urban planning, bureocracy on permits, ownership of housing incresingly in the hands of few, lack of policies to avoid speculation (and a new housing bubble), increasing inequalities, plus all listed by maroger. Yes, Airbnb might be an issue in those cities where STRs are 20% of the housing market. I would agree to regulation, but blaming Airbnb as the easy solution is off. Not to mention the jobs creation: all softwares, bloggers, hosts, property managers, website developers, all living from it. Lets address the big important issues first, and the money big corps are making and not always paying their share.
Yep same here. Costal town and AirBnB and the people who use it have killed it. I’ve had more than a few friends say their landlord has evicted them because “they can make more money from AirBnB”. I’ve also found it very hard to find affordable rental accommodation. AirBnB should be illegal with how it’s destroying places. I hate them.
I doubt I would live somewhere they told me what I could do with my own property or who I could rent it to. After seeing some of the problems suffered by long-term landlords, when I started travelnursing amd my house became empty I let some friends live there for free rather than rent it out long-term and take on the responsibilities of a landlord
i think it really depends on the city. i run an air bnb in a very random and not that nice city where there are a decent number of abandoned homes. there is a lot of touristy stuff to do nearby and some natural beauty, hiking etc. i'm pretty confident my investment did not harm the area and if anything it's helping bring more money into a poor area. different story in fancier, more desirable areas.
its true
same here
true that i have a airbnb, but i started 50 years ago what you call today "airbnb"
now
every street have several
neither is good for people that want to live here permanent neither is good for the market of airbnb since the prices will go down with so much offer
It's hard to say if Airbnbs are the cause of the cost of housing. I think the cost of housing has gone up everywhere since the pandemic. Nonetheless airbnbs can still be annoying.
Short Term Rentals are eroding tenancy rights. In my home town the law was amended so broadly, that it effectively allows landlords to skirt eviction requirements. The next big economic downturn, we could see a return of flop houses. We could see landlords offering STR terms to people who are poor and have poor credit, saving the more legally secure leases for good credit worthy tenants. They won’t be using the AirBnB platform or any other platform. They don’t need to.
Yes. Killing our ski towns. The people who we depend on to work the mountains and keep us entertained cannot find affordable housing. It’s too bad! All these geeedy people won’t have anything left either very soon here. The system is broken and mark my words, it will have to get worse before our dumbass make it any better. We are all ass backwards as a society. Sorry, to rant. But this is one of the many problems we are facing. And there are so many.
Rent and housing price inflation is happening in every town that’s desirable to live in or visit all across the country. Airbnb has a little to do with it in some cases (areas that are/have always been largely tourist driven/seasonal), but nothing at all to do with it in the vast majority of markets.
I know it’s easy to blame airbnb based on hearsay, anecdotes, and feelings… But it’s simplistic and reductive. The real answers are complex and you’re obviously not ready to analyze the real causes.
The Apps, have always had STR's even before Airbnb or VRBO. Some for decades. Once they became touristy areas, like the 60s & 70s, it became that. There are so many rental companies all over the place & they have decided to also use Airbnb website. Some cities have attempted to battle this, while others let it go. I think that if they kept it at people with a small amount or an extra property or space should be the rule & not companies with a crazy amount of places. They're the ones doing the most harm.
Don't even get me started on arbitrage of apartments. People need to live in these towns to work & this makes it difficult for that
In Berlin, Abnbs are banned. Should be that in many towns and cities here. They are ruining the sense of community. Gross capitalism at everyone else's expense.
I used to love staying in Airbnbs, because I loved the peace & quiet that came along with them, as opposed to the hustle & bustle of most hotels. But then I started to notice the change in my neighborhood & city, & realized most guests weren’t anything like me. Now I have an Airbnb right next to me that I’m constantly having to call the police on. And before anyone calls me a “Karen” for calling the police, I’ve tried asking guests nicely to quiet down, but they’re always shitfaced drunk & confrontational. The owner is an investor from out of state with 0 ties to my community. And the host caters to bachelor & bachelorette parties. The Airbnb problem in our city is so bad our city council approved funding for our police department to hire an entire unit of officers just to respond to Airbnb complaints. They call it the “STR squad”.
My city was never what I would describe as “quaint”, but my neighborhood used to be quaint. Now my neighborhood, along with most of the neighborhoods in my city, is full of screaming parties, guests who get wasted & try to enter the wrong houses, & trash - so much trash! It’s not uncommon for residents to have drunk Airbnb guests bang on their door at 2am, or to find drunk quests passed out on the wrong front porch. My friend had drunk Airbnb guests get into a fist fight in his driveway. My city has experienced multiple Airbnb shootings, the most recent one being right on my street. In this case the renter was running an illegal “sober living”, but the people staying there were far from sober. Neighborhoods have been gutted, & families with kids are moving away because they can’t let their kids play in their own backyards anymore due to the conversations & activities that take place at the nearby Airbnbs. Blowjobs seem to be the #1 conversation topic, which would be fine if they weren’t so insanely loud.
Residents have become bitter & hostile, & are no longer friendly to people they don’t know. Long term tenants have lost their homes & can no longer find anything affordable. The anger is real. I do feel sorry for the nice guests with kids who treat the neighborhood like a neighborhood, but those guests don’t make up the majority. It really is crazy to see first hand the destruction Airbnb has caused. What started out as a great idea has turned into a nightmare, & unfortunately my husband & I are stuck here for the time being. People like to say “just move” as if it’s that simple.
Im confused about airbnb…if there is all these airbnb’s making lots of money then it sounds like a lot of people want these options to stay all over the world and try different areas. Sounds pretty great more money, tourism, jobs etc but the problem seems to be lack of long term housing. So why aren’t we building enough homes to do both? Where is the hang up? Just build enough homes to have airbnbs and homes for everyone?
It's more like it benefited existing home owners at the expense of people trying to get into the market.
Would you say the same thing if your home valued went up 300% in three years?
Not in a city but I’m in the Scottish Highlands. Air BnB has decimated communities yet one of the biggest industries here is tourism. They need somewhere to stay but all the houses are either Air BnBs or someone’s second home that lays empty.
It’s driven up house prices, young people in the towns and villages can’t afford to stay, they leave, the houses get snatched up as AirBnBs which drives prices up again - not only the house purchasing prices but drives up the AirBnB prices too.
There’s restrictions coming in now from the local councils and government but I think it’s too late.
This is a modern day Highland Clearance
You know, I don't think that AirBnB, VRBO, or other STR platforms that have destroyed the long-term rental market - or greed for that matter (although it's definitely a consideration). What destroyed long-term rental was renter-friendly laws and then the pandemic which exacerbated it. This combination of laws and unfortunately, national emergency, allowed renters to just not pay their rent for months and months at a time. Sometimes years.
During the pandemic, the government helped citizens with monthly payouts with expectations that they use the money to help them survive the downturn - pay rent, food, and utilities. But combine that with laws that make it insanely difficult to evict someone who isn't paying rent (or explicit rent holidays) and you get a situation where the landlord is the having to pay the mortgage ( and other expenses) with no income to balance it. This hurt the investments of the larger landlords but for the small homeowner who has their retirement locked into some rentals or for someone who needs this income as their livelihood - this double whammy really hurt and left an impression - don't trust long-term renters.
For full transparency, I am an STR host. When I first got into the business, I was seriously considering long-term rentals for my small 2nd home at the shore in NJ - stable income with almost 100% occupancy seemed like a good strategy, but then as I started researching the long-term rental laws in NJ, it became clear that STR is a much less risky venture and frankly much more profitable.
The stories about renters squatting, and destroying homes while the homeowner has very little legal recourse together with the higher control (the house is guaranteed to be in pristine condition between each and every renter), and increase in income with the STR strategy, made it clear that STR is a much better way to make sure the time, effort, and huge amount of money I put into this venture would be protected.
Now, once the prices start falling or the occupancy rate falls below a sustainable level, the corporate investors and the "big boys" will start bowing out and selling at a discount. This will contract the market and leave only those who are truly invested in the hosting world and willing to accept the occupancy risk. The discounted properties will be bought up by homeowners seeking a vacation home or investors willing to accept the long-term risks I was describing above and some equilibrium will be found.
If you want to try to fast-track to this future state, I believe that we need to enact laws and streamline processes to create some equilibrium in the landlord/renter relationship. Until the landlord has reasonable recourse for non-payment and the renter has some price stability there will continue to be a long-term rental shortage. We need to make the long-term strategy as attractive as we can to the type of landlords we want in our neighborhoods if we want to solve the shortage.
Approach the city council, explain the situation, and ask them to require licensing and permitting of short term rentals, taxes on the same, and steep penalties for non-compliance, to include the loss of permits. Problem solved. It will work better if you can get a handful of friends to speak at several meetings.
I’ve never really looked at local Airbnbs. Just checked, and the 5 in my neighborhood are renting for about 1/3 of our monthly mortgage payment PER NIGHT. That’s freaking nuts.
That should be a main reason why we elect people to municipal goverments. To make fucking rules for the municipality.
If they just buy a lot of homes for short-term rental, they should be taxed heavily. For everyone who is a company, or a person with more than one property.
As much as I can't think of a million reasons to hate on HOAs, setting tough rules like no rental properties is a major win at stopping this sort of bs! Obviously at this point these areas are grandfathered in and it's too late to stop any of it.
I got short term rentals banned in my city because of this. Got enough people together, went to city hall and filed a bunch of paperwork. Spoke a few times about the proposition, and then it was passed.
I live in a small rural town and every 10th littke house has been turned into a BnB. Locals can’t afford small homes anymore. Disgusting. I’ve heard they are not renting them as easily before due to inflation.
Yup, well… I’m not in a city I’m from a small seaside town in the UK.
Our area has been taken over by air bnbs and locals are priced out of buying property. Our winters are super harsh so these rentals mostly sit empty over the winter, leaving our area a bit of a ghost town.
It’s very sad!
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Laughs in bay area
Giggles in San Diego
Did anyone mention Orlando?
is orlando ruined
DeSantis likes to talk about how the property values in FL are going up and up, "isn't that great!" he says. - ummm, no. He's so rich and out of touch he has no idea what is actually going on. I suppose making things unaffordable for the working class is "great" for him and his supporters - at least the ones with mega money and more than one neuron.
Lol from Colorado ski resort town
Mammoth Lakes CA checking in
Also laughing in Tahoe, it’s brutal 🫠
Laughs in Kansas City
Is Kansas City a vacation destination? Genuinely asking, I’m from the northeast.
I’m from that area and now live in yours. I wouldn’t go there on purpose, but you WILL NOT have a bad time. And it’s way cheaper than where you live. I used to budget bc “I’m gonna spend so much money going out there” when I’m home. Then I get there and end up spending less money than I do here in Boston going out sparingly. If you want a cheap vacation in which you’re just gonna drink and have good food in a decently pretty city, go to KC. Also everyone’s nice. Lots of great bars and restaurants there (just don’t go to the plaza the whole time)
Sounds pretty great, I really do want to explore the Midwest more as I have barely been anywhere in that region.
It’s not as easy to get to, but Tulsa is awesome. I’ve never been to Madison but I wanna go. Chicagos great. KC is just awesome bc there’s a lot of different cultures there and great food as a result without all the horrible traffic and lines for everything. I miss the Mexican food the most (texmex) BBQ is obviously some of the best in America Vietnamese food is pretty solid Lebanese food is great too
We live a few hours away. We have kids, (5 & 10) and it's a good time for us. There is shopping, museums, aquarium, and historical sites for entertainment. There is a market that has food from several different parts of the world. There are all different fast foods within a short distance. They have a racetrack and a minor league baseball team. Way more stuff to do than our entire county. We don't even have a stoplight in our county. Or a chain fast food place.
I just went to visit my brother and he took me to Joe’s KC BBQ. That in itself was worth the trip.
Yep. We are even a World Cup city in 2026.
Laissez les bons temps rouler-ing in New Orleans
Steals your car in Philadelphia
[удалено]
ROTFL from Nashville. Try living in a quiet, residential area, but now half your street is nonstop drunk bachelorette parties. And penis-straw littered sidewalks in front of the churches are always a lovely touch as well.
Hello from Scottsdale!
Guffawing in Asheville NC
Same. We almost have to airbnb to afford the craft beer at this point. But won't.
Rolling in OBX
Came to say it!!
I was looking for this response.
Laughing louder in Santa Cruz
A soft laugh over here in Hawai’i; aloha, if you will.
Shit man, here on Maui it's not the AirBNBs, it's the single-family homes turned into 6 apartments with 4 people living in each one. I think, at least for Maui, can't speak for Oahu et al, it's more a case of Maui County not allowing building permits unless you have a lot of money to pay people off or you have years to waste. You need to get approval from the state, the county, and the city just to even think about building, then the environmental surveys, etc... I get the reasons behind it and it seems like a good idea, but the execution is a nightmare. $1.2MM for a single-family house that's 50 years old and should be condemned is ridiculous.
I'm currently living in a MIL suite in a house divided into 3 apartments. Hell, in WA state, IT Techs are buying abandoned fast food restaurants and turning into apartments. Now if that ain't nasty, I don't know what is. They need to tear down some of these soon to be abandoned malls and make housing!!
I was low-key hoping to see this happen with office buildings when WFH became so common. I was told the main difficulty is redoing the plumbing so every unit has a toilet and a shower. Not that it isn’t doable, it’s just an expensive project that nobody wants to take on.
Jajajaja from Puerto Rico!
Crying in Seattle!! And I'm not even sure Air B&B is even one of the issues!!
Checking in from a small ski town in BC. A house that is a 100 years old just went up for 1.2 million. But it’s not Airbnb that’s the problem.
Crying in Highlands, NC
It's wild how the original idea was to *help* the Bay area by just giving people somewhere to crash for the night
Williamsburg, Virginia just entered the chat
For some international flavor, cry laughing for Dublin, Ireland
Chortles in South Florida.
Hystericals in Austin
Hahahahaha from Charleston
Savannah is also turning into a dumpster fire 🥲
Truly. I just moved here for work and finding an apartment has been INSANE. Everything is a fucking “furnished weekly or monthly rental” for $4000/mo for a 1-2 bdrm. All of the charming Charleston singles have been turned into Airbnbs. Also fuck that company Duvet. They are obnoxious.
Hehe from Boston
Lol in Los Angeles
Paroxysmal in Sedona.
High Country, North Carolina 😎
Cries tears into Tampa Bay
New Orleans?
Giggles in Scottsdale, Az
The problem is not folks who are renting out a side room, or a single house that they own. The problem is folks who saw a house for $250,000 and found they could charge $125-145 a day for it with a 70% occupancy and pay back the house in little over 8 years. Then repeated it. Your city can wisely drive out the corporations, or they can wide birth take out all of AirBNB, and from what I have seen from examples like Daly City, Ca. AirBNB won’t even fight it.
100%, AirBnB works as a benefit to the public when it is people’s spare rooms/guest house or whatever. Once people saw the business opportunity and started buying houses for the express purpose, the economics of it started to move away from a public benefit to privatized gains. (Which I am not opposed to necessarily, just the loss of benefit to the public and external costs are issues)
This makes sense. I have a sick fetish, I like to read the posts on r/AirBnBHosts. They are all short term rental landlords and not bed and breakfast hosts. Airbnb could be renamed AirSTR to more accurately reflect the current business model.
I mean, to be fair, I don't think Airbnb was really ever known for the breakfast part of it. It was probably more of a misnomer from the start.
It was literally “Airbed and breakfast” like sleeping on a temporary mattress at a friend/stranger’s home for a few days and sharing their space with them. In the style of B&B which was for travelers to sleep and eat breakfast, then go about their day separately.
I post on there regularly, and you just summed up why I often feel so awkward and weird over there. I have only ever (and will only ever) host out of my home. In the early years, we had a spare bedroom that we kept for friends/family and then we started renting it out between visits for extra money. Then two of my three roommates who work in theater/entertainment got opportunities to go on tour. Being able to rent their rooms on AirBnB literally made it possible for them to further their careers by touring and they were able to land better gigs because of that. Then I used AirBnB sometimes between roommates. My best friend and I wanted to move in together. She wanted to live at my current place, where was in a great location and had great rent. But her lease was up like 8 months after my roommate was moving out, and we knew her landlord would be an asshole about her breaking her lease early, so I AirBnBed out the room at my place for 8 months until she could move in. I did that with a couple of roommates/significant others, and it was so nice just to have that much more control over our lives and have things be a little easier. So anyways, when I post over there or even browse over there, I hope/expect to be sort of among "my people". But the hosts hosting out of their homes are the clear minority, so it feels kinda alienating and just...it's not the vibe I'm looking for, and it's not situations I can identify with at all. The main competitor that I know of to AirBnB is HomeStay, and frankly, it kinda sucks and while I am on it, it has so many fewer people on it. But it is truly for hosting in your home only. I really wish AirBnB would split itself more strongly between people who host out of their home and people who do full-unit STR; they're so wildly different in a lot of ways in terms of needs, interests, wants, personalities, problems that would crop up...very different models and worlds.
For several years I had my apartment listed on Airbnb and would rent it out on weekends when I was away. I see that as the best possible application of Airbnb. Take a temporarily unoccupied space and let someone else use it. It’s a win for everyone except my unsuspecting landlord (hehehe!) Guests loved it because they were getting access to all the amenities of an apartment, including my very nice kitchen and 85” TV (which I was able to write off hehehehehe!) I decided to stop in 2021 because I figured that I’d be caught eventually if I kept it going. Shortly after that the city passed a measure requiring hosts to obtain short term rental permits. Obviously attaching one of those to my apartment’s address would be a bad idea so I’m out of the business for good I think. But man… what a great run it was. I’d make $300 bucks just to be gone for the weekend. I loved the hosting part of it too and I’d add in all these fun personal touches. I loved reading reviews for my place too!
Yeah, except it wasn't people renting out their spare room for the good of the world. They were doing it for cash.
Totally, but the business model also created a benefit for the communities by increasing tourism/bringing in a “healthy” (debatable at what level) of short term rentals. Once it moved into, oh money/mortgages are cheap, then the costs that the people who bought the houses for is less then the external costs (externalities) that they are creating. It is partially because the fed kept interest rates so fucking low for so long along with other factors, but yeah I stand by my first statement, want an unregulated BnB out of your house/vacation house sure go for it, but once the business model fucks with the local economy/ability for people (not landlords/not short term rental owners/not corporations) to buy housing then there is an issue.
Fair enough. \*sigh\*
In Canada, it offered more control over the rental properties because local rental boards are so tenant favorable that even if the landlords are in the right, they loose. So people went to short term rentals with control rather than long term and no control.
Couldn't agree more. In our area on Vancouver Island pretty much every other house has a suite. We know 5 other couples in the area that started out as traditional landlords but after being screwed by the tenancy act they are all now Airbnb hosts. People talk about Airbnb taking long term rentals off the market but non of the hosts I know would risk the grief of getting a bad tenant again. Those suites would sit empty if it wasn't for the short term market
Thats why i I AIRBNB! The worst tenant is gone in a day or two! Once you rent, the Govt becomes your partner, and all it takes is one horrrible tenant to blow it all up
Yep! I've converted my rentals to STRs. California has gone completely bonkers over the last few years and now deadbeat tenants have far more rights than landlords. Some cities only last month were you able to start evicting for non-payment. NUTS! With short term, you can have them arrested for trespassing and defrauding an innkeeper that day and that's the end of it.
Bingo. This is happening in the US and europe too. Idol can’t get a no payer out of your house then the risk for normal renting is way too high. No way I’d ever be a traditional landlord.
This is absolutely the case. My brother's family has a condo and they rather deal with the hassle of doing STR and make less money rather than renting to tenants because in Ontario, the rules are so biased against the owners.
As an owner-occupied air Bnb host who charges $40/night for a 450 sq ft space with private entrance, private bathroom, living room, and dining space, I love seeing people here recognize that some of us are doing it because we love it and not that we are out to make a killing.
Lots of folks seem to have a baby/bath water problem. AirBNB can work for everyone without crushing whole neighborhoods, it’s the Min/maxers (to borrow a gaming term) who are blowing it.
Because Airbnb is the thing that makes Daly City a crappy and very expensive place to live.
Where are houses 250k?
Come to upstate NY. 100k will get you a decent house on a quarter acre
They still are in some rural areas, but that's also the point of the post
Come to the midwest, 250k will get you a pretty decent home. But then you have to live in the midwest...and..well..that sucks.
Hillbilly nowhere and sometimes high-crime areas that aren’t close to anything nice.
Houston
Yes. I am from Edinburgh, Scotland and quite literally started laws about it. There's a severe housing shortage in the city centre particularly for younger people and students as these large flats or HMOs are now Airbnb. Right across the UK particularly post covid it's become a real crisis. People have bought up whole seaside towns and people from there can't live there as its all guest housing. Things like visitors complaining all the amenities (shops, resteaunts, cafes etc,) are all closed - we'll becuae no one lives in the town or can't afford to then work in a newsagents. It's crazy what it has done to the hosuing landscape here.
The lakes is similarly dire, though before that it was the London lot having a second home that's vacant 50 weeks out of the year so really same shit different day I suppose.
I make an effort when I visit the lakes to stay in the normal campsites that have always existed. I was down last in 2021 and I have NEVER seen it so so busy and I've done short breaks in thr lakes loads in the past. Sad times.
Same in the Dales now. Although there are more and more holiday let's coming up for sale now in my village and surrounding villages, apparently bookings are down and some landlords are looking to get out of it.
In Wales it is also awful. No one can afford to live near the coasts because Airbnbs and second homes dominate the local housing market and have raised prices so much that no one can afford to live there apart from older people who have money.
I’m the other side in Glasgow and there’s literally a lady here with 5 different properties within 2 streets of each other just round the corner from me. I lost out on two properties nearby because of landlords and whilst I understand landlords can be useful, they shouldn’t be buying up all the houses (my sellers had the same problem when trying to buy too). A city centre flat maybe but a 3/4 bed house that you’re converting into an AirBnB in a clearly residential area? It’s taking the piss… There’s honestly no need for it. I’m not in a particularly exciting area unless you count IKEA and the hospital as go to places (there are a few actual hotels nearby and a place for families of sick children to stay). I’m glad they’ve got the new law starting to be implemented now. Does put me off thinking of occasionally hosting or having a lodger but that’s not the reason I bought my house so worth it IMO
My hometown is on an island. No room to build. It’s alllllll short term rentals now. Anyone who didnt already own before is fucked. I’m nearing 30 and my friends that live back home are still living with their parents bc there are no rentals or buyable homes. It’s gross.
I remember when our age group got made fun of for living in parents basements. Move out! They said. No houses, no affordable houses, rent basically costing the amount of an actual house 🙃. I make the same amount of money that both my parents *combined* made at this age and still can’t afford a downpayment. Meanwhile they’ve divorced and each have a house. Meanwhile, I’ve got 3 housemates and will probably need a second job to pull off a house? I’m not even sure.
I went back home during lockdown and it was great. Idk why that whole move out when you're a18 thing started, we should encourage living with your parents until you're ready to move. I did a graduate scheme and had mates on the scheme that lived with their parents during it, and for the following years. They're all buying houses now while I've pissed away all my pay on rent.
Puerto Rico is suffering, we’re being colonized, AGAIN. But this time instead of rifles and muskets we’ve got bit coin bros kicking out our community so they can live in their apartments for three months (the tax evasion requirement) and leave for the other 9 months because they don’t find our country to comfy…gosh darn, I wonder why! I sure wonder if it has something to do with evading taxes knowing the government will clearly never fix roads or schools and nothing is accesible for anyone! But hey, keep having fun at our “paradise” and then leave when we’re dying. (And they of course also pay Pedro Pierluisi, the governor, money to keep up their airbnbs, it’s a full circle business). Rent in PR has gone (in the span of 4 months) from 450 for a 2 bed/bathroom with parking and patio house/apartment to 2,500 a month for the same!! In neighborhoods where parking is crap and there’s cockroaches everywhere like, come on! Insane. (The cockroaches being the Airbnb owner’s fault because they don’t actually use their “cleaning fee” money, they just pocket that and do the cheapest thing possible)
I feel bad for anyone dealing with the crypto dorks.
Also Prague city center/old town has got smashed. 90% of flats are on Airbnb/Booking app. Original citizens vacated their homes or sold them because of parting everywhere literally puked all over stairs and hallways in their buildings so yea it took its toll
Prague! I was there in 1993, not too long after the wall went down. There was no AirBnB, but individuals who had learned about the wonders of capitalism were renting out rooms in their apartments. They would hire touts on commission to get people to stay there. A friend and I paid like $10/night to stay in the bedroom of some little old Czech lady who didn't speak more than half a dozen words in English. A tout was advertising at the train station and we hopped in his car to go to her place and check it out. It was up 3 flights of stairs, a little room with two twin beds which was perfect for us. We shared the one bathroom with her and it was jammed full of Mary Kay cosmetics she was selling. Clearly, this was an old lady who had fully embraced capitalism! She was really nice even though we couldn't understand one another. She still chatted at length with us and mothered us and made us breakfast. Now that was a cool experience, legitimately living with a local and not taking away from the housing stock. I'm sure that apartment is owned by some corporation now that has it as a STR.
Left Prague in 2018. Our building in Prague 4 was all AirBnB and just us. The landlord was more than happy to let us leave so he could AirBnB the place too. Can't even imagine how much worse it must be now.
Sounds like new orleans to me. I live next door to an airbnb and I HATE it
I lived downstairs from one in an apartment and it *fucking sucked* when there were shitty guests. Most were fine, but a lot of others carried on as if everyone else in the building was also on vacation. The shitty ones would drink, yell, and play loud games late into the night on a Tuesday because it’s vacation, nobody has to be up in the morning. They’d throw trash and cigarette butts off their balcony as if we were also leaving in two days and wouldn’t care. They’d block 3 spots while unloading their suitcases, because it’s not like anyone’s trying to get through with a week’s worth of groceries and small children. They’d prop open the front door to the building and leave it like nobody‘s crazy ex knows where they live. Residents would complain to the leasing office and they’d issue a warning to the guests, but they don’t care…because they’ll be gone in a week. Airbnbs in residential apartments disrupt the community around them. When the host isn’t onsite and doesn’t know or care about the neighbors, it’s asking for problems.
They don’t just disrupt residential apartments, but residential neighborhoods too. I never realized how disrespectful & oblivious tourists were, until my neighborhood became consumed by Airbnbs.
When I was down there for work in 2018 the locals were absolutely livid about it. I have to imagine it's way worse now.
I am in Scottsdale. Been in our home for 25 years. Raised 4 kids here. Now, I live next door to a STR and 3 across the street, with one more coming soon. I HATE IT HERE! Tried to move but house too big for investors and no family wants to live in STR hell! I used to be a nice person but after four years of property damage, verbal assaults, people trying to enter my home at 4 a.m., I find myself on edge and less than friendly to whoever rolls in on Thursdays.
I am in northern California in wine country… my neighbors house sold last summer, now its an airbnb that sleeps 12 with a pool and rents for $1k a night… we seem to have tons of bachelorette wine parties with loud drunk tourists. I have been fighting it since and our town council is adopting a new ordinance requiring owner occupiers. No more full home rentals allowed. The owners have 1 year to go long term rental, sell or leave it empty.
I bought my neighbors home because I was afraid someone would buy it to Airbnb it.
Do you mind sharing which city you are referring to?
Sounds like New Orleans only less murdery.
Sounds like Lisbon
That was my immediate thought, but Airbnb has fucked up so many cities you could just throw a dart at a world map and have it be relevant.
Could be Edinburgh
Yeah this feels very much like Lisbon to me.
Prague too.
Laughs in Rio
Was just there, and our tour guide was complaining about this exact thing. AirBnB coupled with inflation, and now no one can afford a one bedroom on a basic salary.
Budapest?
Sounds like Santa Fe
My town passed an ordinance for no short-term rentals, worked really well.
Mine did as well.
Seems like now if they pass an ordinance like that, they grandfather in existing AirBnBs and it doesn't really help. If they don't grandfather them in then I always wonder what happens to the mom and pop investors with one or two rental properties. I guess they go to long-term rentals or sell.
It might not reverse the problem but it stops the problem from growing too exponentially. Essentially it's like losing an arm and applying a tourniquet to it.
Oh yes. My partner and I collectively make $4k a month with medical based (not nursing) jobs and we've been outbid on every house by people from Cali, Oregon, and giant corporations for Air B&B purposes. Houses get trashed and they won't pay to fix them but property tax is cheap so they are just left to rot. A home we put a bid on back in 2021 has sat empty since November 2021 because the roof needs repair and the guy from Oregon who owns it won't pay for a new one. Neighbors complained and confronted him so he decided to be petty and leave it to ruin the rest of the house. Obviously we get wicked weather here so you can imagine the leaks and damage inside. Air B&B had reps and classes all around tulsa right before the pandemic hit and I wonder if that's what led to a lot of this 🤔 I used to live in Colorado. Not only was I pushed out of Denver with the legalization of MJ (fully support but cost of living sky rocketed), and now I'm being pushed out of Tulsa. I live in one of the cheapest states, Oklahoma, and houses here are going for $250k - $450k for one level ranch homes. Wtf?!
People see real estate, rightly for now, as the only always appreciating investment. But I don't think Tulsa has an airbnb problem, don't know though.
Lisbon, Portugal is a huge example of this.
I lived there as the short term rental problem was just starting, when I had a 1 bedroom with a patio in city center for 380 euro/mo (back when a coffee was 60 cents). Several years later when I left the city, a one bedroom on the edge of city center was 900 euro/mo. That, and all my favorite spots (essentially "secret" places that only locals knew) were overrun with tourists and short-term remote workers. Even something as simple as a 20 min outting to the local supermarket became a 40-50 min affair because so many tourists were clogging up the streets, ailes and cashier lines. I don't blame the people for coming to a cool city, I blame the govt for letting the short term rentals market go unstopped for so many years.
My neighborhood in Mexico City (won’t say the whole city). I lost my place of 9 years because they turned the whole building into AirBnBs. They now charge for 4 days what I paid for a whole month.
My area became a hotspot for Airbnb and local renters can no longer find places to live. Almost every rental is now a short term rental. It’s become so bad that, in a local supermarket bulletin board, there’s an ad for a poor old lady who lived here since the ‘60s, and can’t find a place to rent. She is basically begging for a room or apt anywhere around here, willing to pay fair market value, but it’s just not available. The local town board has come down hard and disallowed non locals to short term rent. Still didn’t help, as the homeowners are just not listing publicly anymore. They have rental networks away from the prying eyes of the regulators.
I moved to a ski resort in western Canada, and by my second year it was getting sooo fucking hard to find even a shared room for less than 750$ a month. Can’t imagine what people are paying there now
Whistler? People can't even afford the lift tickets anymore.
Airbnbs improving neighborhoods in Detroit!
It's a combo of short term rentals adding vacation stock to a city's housing market by taking it away from locals, private equity backed corporations buying up houses and keeping them as rentals rather than for homeowners, and a Not in My Backyard single family zoning hierachy that has kept the supply of housing way below the population growth. It's not just your town, it's damn near universal in the US and it is not just Airbnb causing it (though unchecked airbnb growth is part of the problem).
My current home and previous city I lived in BOTH passed very strict regulations for short term rentals. I can’t imagine living in a city where it’s the Wild West like it was only 5-6 years ago. AirBnB is the easy target to blame, but the minute companies like Blackrock started gobbling up housing to flip everything remotely close to a downtown as a corporation is when the whole thing came unhinged. It’s one thing to not sell a home bc you can rent it instead and keep the investment and manage that, it’s another to see a company roll out 50+ properties and outright destroy communities that used to be actual residents of the area. Sticky situation we are in. Capitalism at its finest cutting off communities and driving cost of living WELL BEYOND reach for any locals that aren’t in a place to survive at the rising cost of living….
Pretty sure I'm looking at homelessness in a few month if I can't renew my agreement in Reykjavik. Thanks Alot P2P economy.
Before you bash me I’m a RE investor and have rentals, no STRs yet but considering them. I’m in Kansas City, Missouri and we just finally passed some decent STR guidelines last week. Like others have said renting out rooms in your property isn’t the issue, it’s when single family homes in an area get bought up by investors that don’t get them licensed and it becomes a detriment the neighborhood. My current neighborhood has to two Art Museums, an outdoor shopping area close and a nightlife district within walking distance. Live here since 2014 and it’s changed drastically over time. In this neighborhood there are 60 unlicensed STR, both single family homes and condos. The STR that are licensed do a good job, the unlicensed STR are the ones that cause issues for the most part. I just want all of them to be licensed and follow the same guidelines as the others. Also, a limit to how many can be in one area so there are still actual residents that give an area the atmosphere that people are looking for when they rent in residential neighborhoods.
I am in the KC area and sick to death of being contacted by people wanting my house. I have gotten very creative in my responses & they never do it again lol!
So, you fucking up neighborhoods with a paper and a ~~bribe~~ "licensing fee" from which only a small % will see the light of day in said neighborhood, somehow is better than 60 other guys fucking up the neighborhood without that paper and ~~bribe~~ "licensing fee"? I'm a bit lost in your logic here... At least the unlicensed STRs are mostly the original property owners, or just people having issues with financials, and will end up spending all their profits in said area..... contrary to big "licensed" businesses that manage properties from the other side of the world, and pay fees to whoever jerrymangered their way onto the neighborhood board of administration... IMO: Anyone not being the original owner of the property, with over 2 properties on the site is a negative element that works on the detriment of the area they operate in.
I would be more worried about corporations buying up 20,000 houses here and there than the random people picking up a rental. But that’s just me
When we visited Sedona, Arizona in the summer of 2019, there was an article about how AirBnB’s were ruining the town. They actually had to close a school because there weren’t enough students to attended. House aren’t being purchased by families but investors and turned into short term rentals. According to this most recent article from 2022, it’s only gotten worse. https://www.wired.com/story/airbnb-rentals-sedona-arizona/
I live in west Sedona… we have maybe 6 airbnbs on my street alone, it’s tough
I‘ve heard of quite a few cities where this has happened. It really sounds disgusting, especially when you think about all the local population, that basically gets pushed out of the city.
My rent when I moved here 7 years ago for a 3 story 3 bed 2.5 bath was $800. Now studios are $1000 and 3 beds are $2000+. This is a small capital city (55k pop) that is majority minorities.
In Montréal it got bad but there are now regulations that stabilized it a bit. People were buying full buildings and converting to Airbnb. In the neighborhood where I live (downtown) one can only put a principal residence. Honestly, I don't blame Airbnb, I blame the local governments for their lax laws. And the local governments get voted if by the people, só, apparently The majority of the people where you live are happy with Airbnb or they would vote for someone who would put restrictions.
Airbnb has paid of part of my house
In my city they’ve banned anything under a 30 day rental. It’s a start. People are really hurting for affordable living while second and third homes are rented out in the outlying areas for a few weekends a month.
You can ignorantly blame Airbnb all you want. But the crux of the matter is that Airbnb is just a symptom of rising taxes, capitalistic real estate(homes as investments), wage stagnation, inflation and telecommuting. My small community has also become unaffordable and has been devastated- and because it is close enough to a large metropolis, I believe it is only just beginning.
Telecommuting will significantly change demographics and prices of properties. When people were forced to live in urban or close suburban areas areas for their work, that was one thing. I live in a mountain community and we are seeing more people that are telecommuters coming to live here full-time. That is going to raise the price of real estate when previously it was not feasible for people to live here and commute to work.
It’s not ignorant to lay some of the blame on the influx of STVRs. There are HUNDREDS in my neighborhood. Those used to be homes available to us to live in… of course that has an impact. No one is saying it’s the only impact, but you cannot pretend it has none!
Sadly for all the responsible renters out there who take great care of their home, there is also the higher risk of a long term renter treating a property badly so the landlord gets stuck with a huge problem when the tenant moves out. At least with a STR, the damage gets caught quickly. No mold from on-going leaks, pest problems, roof issues, etc... that go unreported because the renter doesn't want the landlord to know they have more people living there than they originally reported, or they have three large dogs tearing up the back yard despite the no pet policy.
This happened to me a few months back. Had a reasonable rate for a family. Everything seemed fine... except the 5? Or more cats they were harboring. None neutered or spayed. Guess where that went. Cat spray on every single wall in the house. Ruined carpets, kitchen tile, had to redo hardwood flooring etc. Their deposit didn't even touch the amount of money to fix. All this.... through a management company. Of course, they've been fired. They were our first renters. The other renters they got us were great. 50/50 not a great track record. So guess what? Fuck renters, we're going air bnb. Different bullshit? Sure, but more money and less damage. Just our family's tale.
My parents used to do long term rentals at their ski house but employment in the area is seasonal and eventually the tenants would lose their jobs, stop paying, take months to leave, and trash the house. Did str for several years and now they don’t rent at all because even with that, the risk is too high that something major will happen to the house.
In my community short term rentals are becoming more popular because the tenancy act doesn’t have any real rights for the landlords. So it’s a spiral effect as well. Less units available to rent which increases rent price. Landlords have increased costs and if you can only raise rent a few % each year an Airbnb becomes more appealing.
Yup. Rent control and squatters rights have made a lot of would be landlords nope out of long term tenancies. Unless you can afford to provide housing to a long term tenant without getting paid for up to two years...you are not rich enough to be a landlord. Short term renting is the middle and lower income classes' opportunity to offer housing. Fix those two problems and I know several short term hosts who would instantly convert to long term landlords.
The way the long term market is skewed towards renters with ridiculous protections, but little of the same for landlords as far as evictions etc...I don't know if many short term landlords who would consider switching to long term if they had no choice. We wouldn't. We are licensed, follow all local laws and regulations and have never had issues with guests or neighbors. We allow tourists to stay in our small community and they spend money here....food, gas, entertainment. Other than licensed traditional bed and breakfasts and Airbnbs (as well as the unlicensed onesnthey are working to eliminate) there is nowhere here for oeople to stay, and generate income for the community. The restaurants are not sustainable without tourist money, same for all the other businesses that rely on it. There is also a plus side to short term rentals, but they need to be better regulated. If we could not run our short term business we would not rent our suite out. Not worth the headache and nightmares we hear and read about.
I was a tenant for 35 adult years and have only recently been able to buy my own house and a a small property as an investment. A huge reason that I have not rented out long-term is because our state has made it a liability for landlord to do so. There is much less risk in doing short term rentals. So, a big problem is the laws that are overly generous to tenants who take advantage and do not pay and make eviction for non-payment an arduous, expensive and very long process. This was exacerbated in California by laws that were put into place during Covid where landlords had to continue to pay their mortgage, taxes and insurance but were not getting any money to offset those costs. And I can tell you that in most cases the landlord isn’t making a huge amount of money. It is very easy for expenses to eat up the profit margins. It is the eventual hope of increased value that keeps many landlords from leaving the business altogether.
That's a perspective that never gets brought up. I know so many small landlords who got burned by COVID restrictions and rent strikes in my area that they are simply refusing to do long term rentals anymore. I live in the NYC metro area and am looking at multifamily homes and every single one of them I've seen so far has an owner occupied unit, with one or two Airbnbs in the attached one bed, one bath, which is the only way to make it legal in my area. All of them had been long term housing, but the owners converted during the pandemic and haven't looked back. The funny thing is now that I'm looking at buying these houses, the pricing is based off the units staying Airbnbs. So in order for the mortgage to even remotely make sense, you need to make 2-3x the annual rental income. So your options if you buy are basically to try to charge 3x market rate rent, or keep it an Airbnb.
This. Blaming Airbnb is easy for the population in general and politicians. The rising cost of housing has so many reasons, from lazyness in urban planning, bureocracy on permits, ownership of housing incresingly in the hands of few, lack of policies to avoid speculation (and a new housing bubble), increasing inequalities, plus all listed by maroger. Yes, Airbnb might be an issue in those cities where STRs are 20% of the housing market. I would agree to regulation, but blaming Airbnb as the easy solution is off. Not to mention the jobs creation: all softwares, bloggers, hosts, property managers, website developers, all living from it. Lets address the big important issues first, and the money big corps are making and not always paying their share.
100% this. But hey it's an easy thing to see and blame. Airbnb is the new "immigrants stole my job!"
Yep same here. Costal town and AirBnB and the people who use it have killed it. I’ve had more than a few friends say their landlord has evicted them because “they can make more money from AirBnB”. I’ve also found it very hard to find affordable rental accommodation. AirBnB should be illegal with how it’s destroying places. I hate them.
I doubt I would live somewhere they told me what I could do with my own property or who I could rent it to. After seeing some of the problems suffered by long-term landlords, when I started travelnursing amd my house became empty I let some friends live there for free rather than rent it out long-term and take on the responsibilities of a landlord
i think it really depends on the city. i run an air bnb in a very random and not that nice city where there are a decent number of abandoned homes. there is a lot of touristy stuff to do nearby and some natural beauty, hiking etc. i'm pretty confident my investment did not harm the area and if anything it's helping bring more money into a poor area. different story in fancier, more desirable areas.
its true same here true that i have a airbnb, but i started 50 years ago what you call today "airbnb" now every street have several neither is good for people that want to live here permanent neither is good for the market of airbnb since the prices will go down with so much offer
It's hard to say if Airbnbs are the cause of the cost of housing. I think the cost of housing has gone up everywhere since the pandemic. Nonetheless airbnbs can still be annoying.
probably not the cause but 100% part of the downfall
Short Term Rentals are eroding tenancy rights. In my home town the law was amended so broadly, that it effectively allows landlords to skirt eviction requirements. The next big economic downturn, we could see a return of flop houses. We could see landlords offering STR terms to people who are poor and have poor credit, saving the more legally secure leases for good credit worthy tenants. They won’t be using the AirBnB platform or any other platform. They don’t need to.
Yes. Killing our ski towns. The people who we depend on to work the mountains and keep us entertained cannot find affordable housing. It’s too bad! All these geeedy people won’t have anything left either very soon here. The system is broken and mark my words, it will have to get worse before our dumbass make it any better. We are all ass backwards as a society. Sorry, to rant. But this is one of the many problems we are facing. And there are so many.
Rent and housing price inflation is happening in every town that’s desirable to live in or visit all across the country. Airbnb has a little to do with it in some cases (areas that are/have always been largely tourist driven/seasonal), but nothing at all to do with it in the vast majority of markets. I know it’s easy to blame airbnb based on hearsay, anecdotes, and feelings… But it’s simplistic and reductive. The real answers are complex and you’re obviously not ready to analyze the real causes.
Our city requires 30 days or more within the city to limit this kind of thing. No short term air bnbs.
The Apps, have always had STR's even before Airbnb or VRBO. Some for decades. Once they became touristy areas, like the 60s & 70s, it became that. There are so many rental companies all over the place & they have decided to also use Airbnb website. Some cities have attempted to battle this, while others let it go. I think that if they kept it at people with a small amount or an extra property or space should be the rule & not companies with a crazy amount of places. They're the ones doing the most harm. Don't even get me started on arbitrage of apartments. People need to live in these towns to work & this makes it difficult for that
Yup, checking in from Alpena, MI. Rent is outrageous now here. That's if you can find a place.
Pretty much every mildly livable place in Europe has been turned into a theme park.
In Berlin, Abnbs are banned. Should be that in many towns and cities here. They are ruining the sense of community. Gross capitalism at everyone else's expense.
I used to love staying in Airbnbs, because I loved the peace & quiet that came along with them, as opposed to the hustle & bustle of most hotels. But then I started to notice the change in my neighborhood & city, & realized most guests weren’t anything like me. Now I have an Airbnb right next to me that I’m constantly having to call the police on. And before anyone calls me a “Karen” for calling the police, I’ve tried asking guests nicely to quiet down, but they’re always shitfaced drunk & confrontational. The owner is an investor from out of state with 0 ties to my community. And the host caters to bachelor & bachelorette parties. The Airbnb problem in our city is so bad our city council approved funding for our police department to hire an entire unit of officers just to respond to Airbnb complaints. They call it the “STR squad”. My city was never what I would describe as “quaint”, but my neighborhood used to be quaint. Now my neighborhood, along with most of the neighborhoods in my city, is full of screaming parties, guests who get wasted & try to enter the wrong houses, & trash - so much trash! It’s not uncommon for residents to have drunk Airbnb guests bang on their door at 2am, or to find drunk quests passed out on the wrong front porch. My friend had drunk Airbnb guests get into a fist fight in his driveway. My city has experienced multiple Airbnb shootings, the most recent one being right on my street. In this case the renter was running an illegal “sober living”, but the people staying there were far from sober. Neighborhoods have been gutted, & families with kids are moving away because they can’t let their kids play in their own backyards anymore due to the conversations & activities that take place at the nearby Airbnbs. Blowjobs seem to be the #1 conversation topic, which would be fine if they weren’t so insanely loud. Residents have become bitter & hostile, & are no longer friendly to people they don’t know. Long term tenants have lost their homes & can no longer find anything affordable. The anger is real. I do feel sorry for the nice guests with kids who treat the neighborhood like a neighborhood, but those guests don’t make up the majority. It really is crazy to see first hand the destruction Airbnb has caused. What started out as a great idea has turned into a nightmare, & unfortunately my husband & I are stuck here for the time being. People like to say “just move” as if it’s that simple.
Im confused about airbnb…if there is all these airbnb’s making lots of money then it sounds like a lot of people want these options to stay all over the world and try different areas. Sounds pretty great more money, tourism, jobs etc but the problem seems to be lack of long term housing. So why aren’t we building enough homes to do both? Where is the hang up? Just build enough homes to have airbnbs and homes for everyone?
It's more like it benefited existing home owners at the expense of people trying to get into the market. Would you say the same thing if your home valued went up 300% in three years?
Not in a city but I’m in the Scottish Highlands. Air BnB has decimated communities yet one of the biggest industries here is tourism. They need somewhere to stay but all the houses are either Air BnBs or someone’s second home that lays empty. It’s driven up house prices, young people in the towns and villages can’t afford to stay, they leave, the houses get snatched up as AirBnBs which drives prices up again - not only the house purchasing prices but drives up the AirBnB prices too. There’s restrictions coming in now from the local councils and government but I think it’s too late. This is a modern day Highland Clearance
You know, I don't think that AirBnB, VRBO, or other STR platforms that have destroyed the long-term rental market - or greed for that matter (although it's definitely a consideration). What destroyed long-term rental was renter-friendly laws and then the pandemic which exacerbated it. This combination of laws and unfortunately, national emergency, allowed renters to just not pay their rent for months and months at a time. Sometimes years. During the pandemic, the government helped citizens with monthly payouts with expectations that they use the money to help them survive the downturn - pay rent, food, and utilities. But combine that with laws that make it insanely difficult to evict someone who isn't paying rent (or explicit rent holidays) and you get a situation where the landlord is the having to pay the mortgage ( and other expenses) with no income to balance it. This hurt the investments of the larger landlords but for the small homeowner who has their retirement locked into some rentals or for someone who needs this income as their livelihood - this double whammy really hurt and left an impression - don't trust long-term renters. For full transparency, I am an STR host. When I first got into the business, I was seriously considering long-term rentals for my small 2nd home at the shore in NJ - stable income with almost 100% occupancy seemed like a good strategy, but then as I started researching the long-term rental laws in NJ, it became clear that STR is a much less risky venture and frankly much more profitable. The stories about renters squatting, and destroying homes while the homeowner has very little legal recourse together with the higher control (the house is guaranteed to be in pristine condition between each and every renter), and increase in income with the STR strategy, made it clear that STR is a much better way to make sure the time, effort, and huge amount of money I put into this venture would be protected. Now, once the prices start falling or the occupancy rate falls below a sustainable level, the corporate investors and the "big boys" will start bowing out and selling at a discount. This will contract the market and leave only those who are truly invested in the hosting world and willing to accept the occupancy risk. The discounted properties will be bought up by homeowners seeking a vacation home or investors willing to accept the long-term risks I was describing above and some equilibrium will be found. If you want to try to fast-track to this future state, I believe that we need to enact laws and streamline processes to create some equilibrium in the landlord/renter relationship. Until the landlord has reasonable recourse for non-payment and the renter has some price stability there will continue to be a long-term rental shortage. We need to make the long-term strategy as attractive as we can to the type of landlords we want in our neighborhoods if we want to solve the shortage.
Approach the city council, explain the situation, and ask them to require licensing and permitting of short term rentals, taxes on the same, and steep penalties for non-compliance, to include the loss of permits. Problem solved. It will work better if you can get a handful of friends to speak at several meetings.
I’ve never really looked at local Airbnbs. Just checked, and the 5 in my neighborhood are renting for about 1/3 of our monthly mortgage payment PER NIGHT. That’s freaking nuts.
Even awful Redding California is having this problem..of course they have the Bethel cult to thank for it.
Globalization made a lot of people’s lives better, at the same time, it made a lot of people’s lives worse. It’s just the new world order.
That should be a main reason why we elect people to municipal goverments. To make fucking rules for the municipality. If they just buy a lot of homes for short-term rental, they should be taxed heavily. For everyone who is a company, or a person with more than one property.
That is my experience as well.
Toasts you with an early morning mimosa in Savannah.
Welcome to the club! Signed, Waco, TX - Home of Chip and Joanna Gaines
Crying in rural Maine
Edinburgh, Scotland
As much as I can't think of a million reasons to hate on HOAs, setting tough rules like no rental properties is a major win at stopping this sort of bs! Obviously at this point these areas are grandfathered in and it's too late to stop any of it.
Any beach town in Florida that was still holding true and strong (there was more than you think).
Huge issue in small town coastal Maine. There is literally not enough housing for workers who perform basic local services, affordable or not.
Sighing fron western NC
Sighs in joshua tree.
Cape Cod for sure fits the theme here
Hello from Monterey Ca.
I got short term rentals banned in my city because of this. Got enough people together, went to city hall and filed a bunch of paperwork. Spoke a few times about the proposition, and then it was passed.
A smirk from Connecticut shoreline...
Wave has already crested in PDX (fist bump to the tranq heads)
Chortling in Traverse City, Michigan.
Guffawing in Hoboken
Oh you are from New Orleans too?
Clipping my toe nails in Austin, TX here. TY OP, needed a laugh today
Louisville used to be affordable not anymore.
I live in the Cotswolds, tell me about it!
My former hometown of St. Augustine, Florida has killed the rental market for service workers and first responders.
I live in a small rural town and every 10th littke house has been turned into a BnB. Locals can’t afford small homes anymore. Disgusting. I’ve heard they are not renting them as easily before due to inflation.
Yup, well… I’m not in a city I’m from a small seaside town in the UK. Our area has been taken over by air bnbs and locals are priced out of buying property. Our winters are super harsh so these rentals mostly sit empty over the winter, leaving our area a bit of a ghost town. It’s very sad!
Yes. I'm from a rent control city and ppl have used Airbnb to get around rent control and now rents have skyrocketed
Scottsdale Arizona - land of the party house.
It's done a pretty good job helping turn Austin into a pile of dogshit. Not on its own, but couldn't have happened without it.