Earlier quoted context omitted.
Elasticity of demand is the elephant in the room for build-more-housing advocates. Let's say NYC's mayor rubbed a genie's lamp and wished to double the city's housing supply overnight. Yes, rental and real estate prices would crash through the floor due to the glut of supply. But then millions of people would move to the city and buy up all that supply. This would rapidly double the population of the city which would…
The elephant in the room for people who are against building enough housing is that they're all convinced that everyone would move to their particular locale. I have heard that "everyone" would move to * San Francisco * Bend, Oregon * Boulder, Colorado * Seattle * Austin, Texas * New York City * Santa Barbara, California * Hawaii * Montana * and on and on and on You know what? No, not everyone is going to move to New…
Barcelona will eliminate tourist apartments
181–190 of 375 posts
Re: Barcelona will eliminate tourist apartments
#182Earlier quoted context omitted.
They recognize it exists. I'm even hearing podcast ads from Marriot or similar touting how much more reliable they are. AirBnBs I've stayed in the past few years have all been janky, weird, and not really any cheaper than hotels. I don't have to do chores at hotels, and I can always get (and return) the key promptly. I've also been told on several occasions not to let anyone else in the building know I was an AirBnB…
> AirBnBs I've stayed in the past few years have all been janky, weird, and not really any cheaper than hotels And yet, you stay in them.
Also, while I'm not OP, I gave up on Airbnbs a long time ago for the same reasons, and that impression is occasionally refreshed when I stay in an Airbnb that _someone else_ arranged. I will go out of my way to avoid them if it's all up to me.
Re: Barcelona will eliminate tourist apartments
#183Earlier quoted context omitted.
The issue is that the "airbnb" areas drive normal citizens out which during off-seasons drains foot traffic making local shops go out of business which further complicates the problem. Not to mention that most tourists don't even sit around the local area, but rather go to the city attractions. Airbnb and resident housing areas are just not compatible, they have different needs and require different infrastructure. H…
The problem with hotel rooms is that they’re more expensive, get much more expensive per additional person, and don’t have the amenities of an appartement. If I’m somewhere with a group for longer than three days, we want to be able to hang somewhere and cook our own food. The only other thing that offers this feature set is private rooms in hostels, and those are both rare and nearly always fully booked. I’m not say…
I truly hate Airbnb. Luckily since my parents only stay a week they can afford to stay in a hotel. Invariable we "hang out" with me sitting at the foot of their bed.
These "rules" become extremely oppressive when your home most of the year is an Airbnb room like me. This is why I use Booking or local corporate owned platfroms instead whenever possible
Re: Barcelona will eliminate tourist apartments
#184People will do literally anything over building enough housing to make everyone happy
New construction has halted completely. Seems like the construction sector will rather hold their finished stock and wait for the demand side to pick up due to necessity (people still move in to the city), or due to interest rates eventually going down.
Re: Barcelona will eliminate tourist apartments
#185Honest question: does this work? It seems to me that this change will have unintended effects and will fail to produce the desired results. AFAIK rent in NYC hasn’t gone down since they changed their short-term rental regulations. I might be naive, but I’d assume that the solution is to build more housing to increase the supply instead of curbing the demand? Genuinely curious about others’ takes on this.
In Melbourne/Victoria, Australia, from 2025 they’re applying a government levy on vacation rentals and using it to fund new public and affordable housing projects [1]. They’ve also added a land tax on second homes to disincentivize hoarding of property (though this has had some perverse effects, notably, reducing long-term rental stock and moving into the owner-occupier segment). It’s too early to evaluate outcomes,…
Re: Barcelona will eliminate tourist apartments
#186Barcelona has a population of ~1.7 million. The metro area surrounding is ~5.7 million. The metro area grew by ~100k in the past four years. They are freeing up ~10,000 houses over the next four years with this legislation. Barcelona built ~15,000 new properties between 2011 and 2020. The math don't math. It's a drop in the bucket. The entire impact of AirBnB + all housing built in the last decade does not offset the…
Re: Barcelona will eliminate tourist apartments
#187Earlier quoted context omitted.
For what it’s worth, it’s a little closer than your numbers imply. The city averages 2.51 people per household, so now they just need 75k more houses. https://www.barcelona.cat/infobarcelona/en/tema/city-council...
It still doesn't exactly look great that they "just" need ~45 years of house production to have happened yesterday.
Re: Barcelona will eliminate tourist apartments
#188People will do literally anything over building enough housing to make everyone happy
Re: Barcelona will eliminate tourist apartments
#189Earlier quoted context omitted.
Barcelona has a 16,000 people per square km density - that’s already one of the highest in Europe. https://worldpopulationreview.com/world-cities/barcelona-pop... .
It's 67th in the world and less dense than 11 French cities, though not a great comparison because most of those are small cities. But just because it's in the top 100 doesn't mean it's maxed out. It still has 5000/sqkm fewer people than Paris. Nor does it mean this trade off for a measly 10,000 flats is worth it in such a large city.
Also, increasing density might be easy if you demolish 100 single family homes to build 10 five-stories buildings, but replacing Barcelona's 5-6 stories blocks with 10-stories ones isn't going to be economically viable. And if some brave developer tries this, then the resulting apartments won't be cheap.
Re: Barcelona will eliminate tourist apartments
#190Earlier quoted context omitted.
Following your logic, why not ban hotels?
Hotels go through an approval process to be built, and are regulated (where as AirBnB exists to skirt lodging regulation). Hotels are not competing against residential housing, but AirBnB is.