321–330 of 375 posts
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That would be very illegal in many places.
For what it's worth, they're also prohibited by Airbnb's terms of service: https://www.airbnb.com/help/article/3061
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Tourist gives you such great returns on investment it doesn’t make sense to do anything else if you have capital Yep, I'm considering buying a vacation home to Airbnb for this reason. I have mixed feelings about it though, because I don't want to be part of the problem. But I live in NYC and I can't move (shared custody), nor can I buy a suitable home in the city, meanwhile the national housing market is exploding. I…
There should be easier ways to hedge real estate inflation than owning an airbnb.
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Tourist gives you such great returns on investment it doesn’t make sense to do anything else if you have capital Yep, I'm considering buying a vacation home to Airbnb for this reason. I have mixed feelings about it though, because I don't want to be part of the problem. But I live in NYC and I can't move (shared custody), nor can I buy a suitable home in the city, meanwhile the national housing market is exploding. I…
There should be easier ways to hedge real estate inflation than owning an airbnb.
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Of course hotels are competing against residential housing. They take up land that could be used for residential housing instead.
Outside of downtown areas in the biggest cities in the US, it is very unlikely that a hotel is built in an area that people would want to build residential housing. Normally hotels are built near either business or tourist areas. Very few people want their residences in the suburban office park areas. Tourist areas tend to be older areas that have strong restrictions on new development--hotels there have to go throug…
Of course they do.
I was just observing yesterday a big condo development right across from a recently-vacated office complex in an ex-urban area where I used to work.
Barcelona 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…
> 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 last half decade of population growth. The population growth is largely due to rich foreigners moving into the city: "I was born and raised in Barcelona, no longer live there however. I didn't remember how bad it was until I went to visit my family last summer. Me and some friends w…
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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…
> The problem with hotel rooms is that they’re more expensive, Maybe they are more expensive than the displayed rate for an AirBnB, but by the time you add in the cleaning fees and other non-sense things it turns out to be more expensive. Also, when I'm in a hotel, I'm not asked to wash the sheets, wash the dishes, or any of that nonsense as well as paying the cleaning fees.
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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…
> The problem with hotel rooms is that they’re more expensive, Maybe they are more expensive than the displayed rate for an AirBnB, but by the time you add in the cleaning fees and other non-sense things it turns out to be more expensive. Also, when I'm in a hotel, I'm not asked to wash the sheets, wash the dishes, or any of that nonsense as well as paying the cleaning fees.
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That being said, in the US you can and should absolutely should build more, and basically get rid of most zoning regulations. You'd have a hard time finding anything as touristic and dense as Barcelona in the US.
> get rid of most zoning regulations "most" is doing a lot of work here. don't forget you probably don't want to live next to an airport, railroad, chemical plant
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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…
> The problem with hotel rooms is that they’re more expensive, Maybe they are more expensive than the displayed rate for an AirBnB, but by the time you add in the cleaning fees and other non-sense things it turns out to be more expensive. Also, when I'm in a hotel, I'm not asked to wash the sheets, wash the dishes, or any of that nonsense as well as paying the cleaning fees.
I have never encountered those requirements in European / Asian / S-American / African AirBnBs.
Occasionally you’re asked to do the dishes or take off the sheets and leave them on the beds, but that’s it. No fees.
A lot of People in “colder” countries with higher purchasing power (specially in Europe) still want to move to Barcelona now that they can work remotely. I wonder how this fact affects the prices compared to tourism apartments.