Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Airbnb raises violent crime rates in cities as residents are pushed out

euronews.com

Post reply on HN
Print view View original

191–200 of 337 posts

Re: Airbnb raises violent crime rates in cities as residents are pushed out

#191

Post by lupire »

tick_tock_tick wrote: post #78
trident5000 wrote: post #45

Earlier quoted context omitted.

Theres no supply because investors are hoarding them. Blackrock is buying out entire neighborhoods and thats really the tip of the iceberg compared to airbnb listings.

Look up how much they are actually buy it's nothing. Institutional investors don't even own a million home. Blaming some far off wallstreet fund instead of acknowledging the failed local policies is completely misdirected. https://prospect.org/infrastructure/housing/blackrock-buying...

> Tenants are overmatched, outgunned, and alone as they try to battle faceless absentee owners

Re: Airbnb raises violent crime rates in cities as residents are pushed out

#192

Post by tengbretson »

woopwoop wrote: post #164
cletus wrote: post #33

A common quote on HN (and one that I firmly believe in) is: > It is difficult to get a man to understand something when his salary depends upon his not understanding it. This so applies to AirBnB. It's not salary per se but those that benefit by renting out units or those for whom this has saved them money I've found typically get so defensive about AirBnB to the point of calling detractors NIMBYists and the like. I'…

1 is not an externality. It is fully priced in to the cost of renting the unit.

Temporary lodging and long term housing are not substitutable which means that Airbnbs are introducing net-new increases in demand in an area.

Re: Airbnb raises violent crime rates in cities as residents are pushed out

#193

Post by whoaisme »

spamizbad wrote: post #121
intricatedetail wrote: post #108

Earlier quoted context omitted.

Exactly. The whole concept of residential property as an investment must go. I wonder if enough AirBnB in the area could actually drive property cost down, because nobody would like to live there long term and then essentially wiping off all the profits people made by renting out. In the end only the AirBnB would really profit. It's a business model clearly bases on a loophole and should be closed. If someone wants t…

> The whole concept of residential property as an investment must go. One of the major "lessons" of the famous book Rich Dad, Poor Dad was that wise wealthy people view housing as an asset and investment, whereas poor and middle class people merely view it as an expense. This thinking is now deeply ingrained in our culture.

Which is crazy. Wealthy people can afford to view housing as an asset because they are wealthy. Poor people can't afford property because they are poor. That's like saying feudal lords were wise for viewing grain as an asset and not an expense. Wild.

Re: Airbnb raises violent crime rates in cities as residents are pushed out

#194

Post by hnzix »

Pet_Ant wrote: post #187
michaelpb wrote: post #137

Earlier quoted context omitted.

Yeah, I think people have a very binary view of "criminal enterprises" vs "corporations", like they can only be people who dress in pin-stripe suits and carry tommy guns and say "lookee here, see" a lot, but a tech company can be a criminal enterprise just as much as anything else. Any company that makes money by violating the law, or encouraging it's habitual violation, is a criminal enterprise by definition (at lea…

You mean like Uber? They violated… and people would be pissed to see them go. So companies hope to be the rule breaker that gets too big to fail.

Uber seems to get a pass because taxi services were so utterly terrible and had no incentive to get better.

Re: Airbnb raises violent crime rates in cities as residents are pushed out

#195

Post by dionidium »

colechristensen wrote: post #44
analyst74 wrote: post #38

From micro economic levels, it makes sense, short term rental in many cases are more lucrative, thus prevalence of AirBnB can push out long term residents. But from a macro level, that would mean the city is getting more tourists, more business and job opportunities for its residents, ultimately leading to a more prosperous populace, right? Or are there other forces at play preventing locals from benefiting from more…

People earning money by collecting rent on real estate really aren’t contributing much of anything to anybody, more of a tax on the rest of us by directly taking our income or raising prices on the real estate which will do so otherwise.

I’ve rented many apartments and I perceive the transaction to have been mutually beneficial in every case.

Re: Airbnb raises violent crime rates in cities as residents are pushed out

#196

Post by alpha42 »

whoaisme wrote: post #193
spamizbad wrote: post #121

Earlier quoted context omitted.

> The whole concept of residential property as an investment must go. One of the major "lessons" of the famous book Rich Dad, Poor Dad was that wise wealthy people view housing as an asset and investment, whereas poor and middle class people merely view it as an expense. This thinking is now deeply ingrained in our culture.

Which is crazy. Wealthy people can afford to view housing as an asset because they are wealthy. Poor people can't afford property because they are poor. That's like saying feudal lords were wise for viewing grain as an asset and not an expense. Wild.

Clearly you need to play more civilization builder games. Grain is the most important asset, without it you can neither feed your people nor sell the excess to your starving neighbors for sweet gold coins.

Re: Airbnb raises violent crime rates in cities as residents are pushed out

#197

Post by dougSF70 »

cletus wrote: post #33

A common quote on HN (and one that I firmly believe in) is: > It is difficult to get a man to understand something when his salary depends upon his not understanding it. This so applies to AirBnB. It's not salary per se but those that benefit by renting out units or those for whom this has saved them money I've found typically get so defensive about AirBnB to the point of calling detractors NIMBYists and the like. I'…

I am generally against airbnb as it induces rent-seeking behavior. This is bad for the economy because you are not adding value (in an economic sense). Plus the added dis benefits if increasing rent, reducing housing supply, etc. Ultimately it is a product of cheap money and as soon as the money is no longer cheap, it will be detrimental to airbnb. Sadly, the pandemic has increased our government's addiction to printing money...

Re: Airbnb raises violent crime rates in cities as residents are pushed out

#198

Post by colechristensen »

dionidium wrote: post #195
colechristensen wrote: post #44

Earlier quoted context omitted.

People earning money by collecting rent on real estate really aren’t contributing much of anything to anybody, more of a tax on the rest of us by directly taking our income or raising prices on the real estate which will do so otherwise.

I’ve rented many apartments and I perceive the transaction to have been mutually beneficial in every case.

Did you believe it was a fair price?

As though the amount of work you were doing and the quality of it matched the amount of "work" you were paying for?

Re: Airbnb raises violent crime rates in cities as residents are pushed out

#199

Post by closeparen »

lgessler wrote: post #55
stickfigure wrote: post #47

Earlier quoted context omitted.

Tourists are people too. This really seems like an extreme version of nativism.

Is it really right to equate a tourist's interest in accommodation with a resident's interest in a strong community?

I’m not sure what exactly you mean by “strong community” here, but that is a phrase often invoked for nativist and exclusionary impulses which I would rate as quite a bit less legitimate than a desire to see the world.

Re: Airbnb raises violent crime rates in cities as residents are pushed out

#200

Post by alejohausner »

michaelpb wrote: post #137
cletus wrote: post #130

Earlier quoted context omitted.

> The solution is increased enforcement of the laws that make these illegal. Great idea. Let's fine AirBnB $50,000 per unit per year they knowingly rent out in NYC where they know such things are illegal. Don't go after the users (those using AirBnB) or the street dealers (those listing individual units). Go after the cartel that knowingly engages in illegal activity on a massive scale. That'll sort out the problem r…

Yeah, I think people have a very binary view of "criminal enterprises" vs "corporations", like they can only be people who dress in pin-stripe suits and carry tommy guns and say "lookee here, see" a lot, but a tech company can be a criminal enterprise just as much as anything else. Any company that makes money by violating the law, or encouraging it's habitual violation, is a criminal enterprise by definition (at lea…

A criminal is a person with predatory instincts without sufficient capital to form a corporation.

Howard Scott

Post reply on HN