What needs consideration are the people that live near the places that are rented out for Airbnb or Booking. It destroys the social fabric by injecting a rotation of strangers into the community, sometimes those strangers are also very problematic by e.g. throwing loud parties. On top of that it drives up the prices pushing out normal people out of the better parts of the city.
For about seven years, I lived between two of Chattanooga's top tourist attractions / revenue generators. Although our city has banned new STRs, pre-existing properties are grandfathered (which conveys with deed). >It destroys the social fabric by injecting a rotation of strangers into the community. Absolutely this. Literally half on my former neighborhood was AirBNBs, mostly small-time couples (1 or 2 properties) b…
If you want to play hotel owner then build one without exploiting people that want to live normal lives with their families.