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Airbnb asks people to donate money to landlords, backlash ensues

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171–180 of 195 posts

Re: Airbnb asks people to donate money to landlords, backlash ensues

#171

Earlier quoted context omitted.

Have you looked into reporting a zoning violation? The operation may violate existing laws relating to rental permitting or commercial use.

We've called the city and consulted with a friend who worked in planning. Basically they said they have no structure of vetting and dealing with Airbnb. I don't think it's even on their agenda.

Have you tried talking to your neighbour about the issue or adding a small A4 print saying "No Parking"?

Re: Airbnb asks people to donate money to landlords, backlash ensues

#172

> Airbnb has lost its fucking head. Why would I donate to my host? I can't even afford one house. Well, at least it sounds like many of those hosts can't, either.

Anecdotally, I know a number of people who started by renting out their basement on Airbnb, and then made so much money off of it that they bought another house , which they pay the mortgage on by renting out the entirety of their original house.

I believe this. I’ve paid $100 a night before to rent a basement converted to a 2bed in-law unit (which was still the most economical option given the number of people/location). $3k/month is nothing to sneeze at

Re: Airbnb asks people to donate money to landlords, backlash ensues

#173

I suspect that a lot of people jumped on the airbnb hype train and thought they could be a landlord of multiple properties and probably got leveraged. Now they're in trouble as their income dries up.

This tends to happen when you overleverage on a risky asset. Good, housing prices in many markets need a sharp correction for affordability

Re: Airbnb asks people to donate money to landlords, backlash ensues

#174
post #14

This was really short sighted given Airbnb have claimed since the beginning to regulators, local authorities and the public that they exist only to provide a platform for people to rent out their spare rooms when it's convenient for them. Their core claim is that they are not a hotel company, which is how they manage to skirt so many hotel regulations. Built into these claims is the assumption that the owners of the…

I have somewhat of a 'not in my backyard' opinion of Airbnb. I have admittedly used the service multiple times, but since I moved into a new house I've changed my view on the business model. Our neighbour Airbnbs multiple rooms in his house full time. He barely has parking for 3 cars, 2 cars if you don't want to be boxed in. However he rents out room for 6 people. He constantly has business moving through his house,…

Have a chat with the owner and failing that see if you can setup a clamping company and do a deal with one to clamp anybody that encroaches on your property. May as well make some money from it.

Re: Airbnb asks people to donate money to landlords, backlash ensues

#176
post #120

Earlier quoted context omitted.

I'd rather live in a society that held work as righteous rather than idleness. It seems to be a problem currently that we're paying many workers more to stay home than they'd normally make on the job, and their personal attitudes towards work are not enough to overcome this inverse monetary incentive. As Musk put it, the economy is not just a free flowing cornucopia of "stuff" that everyone has to squabble over. You…

If someone makes less money working than they do on unemployment, the problem isn't that the unemployment payment is too generous, it's that their wages are too low.

"Someone makes less money working than they do on unemployment" isn't enough information to figure out which one is out of whack.

Re: Airbnb asks people to donate money to landlords, backlash ensues

#178

The second order effects are catastrophic too. Think of all the companies that built their entire business model around helping airbnb owners manage their bookings / rental For examples,hostmaker, which was heavily advertising in London (transport mainly) has gone bankrupt (1). They raised ~24M (2) (1) https://hostmaker.com/gb/london/ (2) https://angel.co/company/hostmaker/funding

Do you think we should also start donating to them?

Re: Airbnb asks people to donate money to landlords, backlash ensues

#180
post #92

This seems counter-productive. Housing costs are up because of AirBnB. I’m not thrilled, but that’s the market. The market needs to reprice. Folks who bet on the market would get rich if the bet paid off. Let them sell their places, and someone else can rent them out in the future. Call me callous but I don’t feel the need to bail out someone who charged me $500/night on a place with a $3000 monthly payment. I entere…

Housing costs are not up because of Airbnb, they are up because of government regulation. If we wanted housing to cost to buy a house in the US to be $100k average, we could do it almost overnight by lifting regulations unrelated to safety. With existing automation tech (produce like industry instead of custom each time) we could get it to $50k. In 10 years we could make housing affordable if we had the societal will…

I live in a city where tourism is a huge part of the economy. Since AirBnBs took off, our hotel occupancy dropped off massively, and rents have gone up. Much of our government revenue depends on hotel taxes, which obviously not collected on AirBnBs.

Yes, we can build more residential properties (and we are), but I think it's a bit naive to assume that tourists leaving hotels vacant, and staying in livable housing instead wouldn't drive up rents for locals in the short term.

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