311–320 of 362 posts
Earlier quoted context omitted.
How would they be?
By bearing the negative externalities of your short term rental? I lived above an NYC airbnb for a while, and of course it was always a noisy partying crew. Which of course makes sense because it's people on holiday/vacation renting on airbnb! But it's pretty disruptive to someone renting the next apartment who isn't on vacation.
Earlier quoted context omitted.
For the 336k people who live there I'm sure what you say is true. It's different for the 300+ million of us that live in the US (where this forum is based thus my reasonable presumption that we're not generally conversing about a small isolated island nation).
>where this forum is based thus my reasonable presumption The 16th word in the post you responded to was "Reykjavik". Second line, first sentence. The post contains the word Iceland once and the word Reykjavik twice. There is only so much I can do to help you on this front.
So again, you replied to a general conversation with a specific in Iceland. Does that mean we all have to converse about airbnb in Iceland with you? If that's the case, I hope you like having conversations with yourself.
Earlier quoted context omitted.
Let's assume average income = x So, rental income from 3 houses = 1.5x Even if we assumed that all three homes were owned outright, you'd be on the hook for property taxes, maintenance, and utilities for each house. About half of my monthly expense minus mortgage is on these three line items. Therefore, 1/2 of 1.5x goes straight to property taxes, maint, utilities leaving your income at 0.75x. You have to pay your ow…
Living off renting is 100% foolproof with 3 properties. You don't have to pay rent when you own your property. I don't know if you said "houses" on purpose. Houses are going for more than 0.5 income.
Earlier quoted context omitted.
The externalities are... what exactly? Too much foot traffic to your door? That's hardly analogous to toxic waste dumping. (Assuming you are talking about single room rather than whole home rentals. Whole home rentals certainly do have the toxic effect of lowering housing supply in cities starved for rentals).
The main externality is driving the price up and shrinking the pool of homes for actual residents who need to rent a place to live. This is already happening in some parts of the world. For example, people from Barcelona are starting to protest (see [1], and [2] by the way. In Spanish, sorry!). In my city, Málaga, it's starting to happen as well. I personally know a person who had to move out because the landlord wan…
It's not clear why "it drives up property prices" is a bad thing in the US, except in San Francisco and (maybe) New York where renters have a little bit of power.
Earlier quoted context omitted.
It's a problem for people looking for long term rentals as landlords can make more profit by listing a unit on AirBnB.
My own personal anecdote: I moved to San Jose last year and could not find an affordable place to live long term. I got incredibly lucky finding a place on craigslist for $600/mo but discovered one month later that it was because the landlord was kicking everyone out in another 2 months so he could give the house to his mother. There was so much competition for places to live that I couldn't find another apartment fo…
Earlier quoted context omitted.
Airbnb is one of those rare products that cracked open an entire world of possibilities for me. For the first time, I've gotten the chance to live as a local all around the world, for even less money than at a hotel or sometimes even a hostel. Ordinary folks just didn't travel like this in the past, getting to know distant cities right from the ground floor. Adjustments should be made on a city-to-city basis, but you…
Your segment of the market is almost certainly a small one. In many cities where I've stayed in AirBnBs, whole-unit rentals dominated the listings, and these were always in touristy parts of town. As you'd expect, the "professionals" optimize by putting their listings in the parts of town with the heaviest tourist traffic. AirBnB is one of those ideas that works fine at a small scale, but becomes pathological as it g…
I agree past a certain scale it can be troublesome. But I don't think it is like a hotel.
Earlier quoted context omitted.
Higher incidents of noise violations, higher trash output, there are a bunch of factors that make hotel guests / airbnb guests less desirable than a typical tenant.
The same could apply to gender, race, age, and occupation groups. I don't think it's good policy to create laws based on generalisations.
Source: tried to rent an apartment in college.
Earlier quoted context omitted.
Airbnb is one of those rare products that cracked open an entire world of possibilities for me. For the first time, I've gotten the chance to live as a local all around the world, for even less money than at a hotel or sometimes even a hostel. Ordinary folks just didn't travel like this in the past, getting to know distant cities right from the ground floor. Adjustments should be made on a city-to-city basis, but you…
> Ordinary folks just didn't travel like this in the past, getting to know distant cities right from the ground floor. Not quite true. In 2005, I did a long road trip in Italy. In that year, in almost every gas station in Italy, you could buy books with listings of local B&B's and "agriturismo" locales, which were essentially B&B's that were on farms and usually included a farm dinner with the hosting family, in addi…
That makes no sense. Of course Italians stay in hotels, and there are one-star hotels for those traveling on a budget, and hostels for young people, same as in any country. B&Bs were introduced later, as an even cheaper option. In Italy they are literally called "bed and breakfast", in English, because they are not a local invention: they were borrowed from the impoverished and benighted country known as the UK.
The agriturismi were not invented as a way to keep tourists out: you may notice that they have "tourism" right in the name. Quite the opposite: owners of small farms were seeking a new revenue stream, and took advantage of the fact that the Italian countryside is quite attractive in its own right. Think hills with small farms, villages, churches and castles, not miles and miles of corn. The idea was to visit the countryside itself, not to take a fifty miles detour to visit a city because the hotels are too expensive.
Earlier quoted context omitted.
How would they be?
By bearing the negative externalities of your short term rental? I lived above an NYC airbnb for a while, and of course it was always a noisy partying crew. Which of course makes sense because it's people on holiday/vacation renting on airbnb! But it's pretty disruptive to someone renting the next apartment who isn't on vacation.