101–104 of 104 posts
Earlier quoted context omitted.
Because renting != hotel. There is a huge different between how a tourist treats a building/apartment/neighborhood and a resident does. There are many good reasons why hotels have regulations. Mini-hotel platforms are not subject to the same things.
All of the laws regarding noise, littering, loitering, smoking, etc. don't magically vanish. You have the same recourse against a renter as you would a tourist.
Earlier quoted context omitted.
> When I need 3 adjoining bedrooms and a space that will take dogs, a hotel is going to cost an absolute fortune in comparison or be actually impossible to find. Board your dogs at home. It's impossible to penalize dog owners for not cleaning up after themselves when they're skipping town in a few days. This is why zoning laws prohibit renting in residential areas - because you can't threaten people who don't live th…
But that’s exactly my point. Under the current system it’s impossible to penalize bad behavior of any kind on the part of the short term tenant, except by fining the landlord. Whether it’s not cleaning up after a dog, or playing music too loud, or being rude in the hallway, or littering in the street. So what’s the solution — other than pervasive tracking — that allows good people behaving well (e.g. a middle class f…
Maybe the people who actually live in these cities you want to visit have decided they don't want more tourists, and their zoning laws reflect that.
You don't, like, have a "right" to affordable lodging in a city you don't pay taxes in.
Earlier quoted context omitted.
No, the reason is that to-date there had not been a global platform available. AirBNB benefits from a massive global economy of scale. I can use the same platform in America, Germany, Australia, Bulgaria. First one to scale wins.
Wasn’t VRBO available (globally) long before AirBnB? I thought AirBnB just stole the idea and had the VC capital to scale it
financial illiteracy is a real problem in journalism. You can't really judge how egregious/successful these guys were without knowing the annualized NET revenue of this business.
I'm sure that will be a hot topic during the trial
Eevenue is a useful measurement of how large the operation was.
There is some information about profit in the article:
>The rent for one apartment was $3,225, but it was on Airbnb for $250 a night. Hypothetically, Mr. Beckman could cover a month’s rent by filling it with tourists for about two weeks. In just a few months, Mr. Beckman had booked more than 500 guests and generated about $84,000 from the building at 78 East 119th Street, according to the city’s lawsuit.