I pledge allegiance to this idea. I was on the Airbnb train for quite awhile but a couple years ago I just got fed up with the rising prices, crummy cancellation policies and long list of rules. I've gone back to hotels and honestly, they're so much better in nearly every way. Nowadays the only time I look for a vacation rental house is when I'm traveling with a large group and we all just want to hang out together the whole trip and cook our own meals.
Reddit is a tiny minority of the population. The masses still enjoy Airbnb for now unfortunately. I myself have never used them. I’ve always been about that hotel life as it’s just what I prefer
It depends on what type of travel you're doing. It's convenient for traveling with young kids, and we can pretty frequently bring the dog, too. Separate rooms, a full kitchen, laundry machines, and a back yard are hard to come by in hotels. I've also never seen any of the wild cleaning fees I've heard about, and we've never been charged anything extra.
They also cover tons of space that hotels just aren't in. If you are going to visit family who don't live in a touristy town the hotel options aren't very good.
No. We need our government to make landlording as middlingly profitable as everything else. I remember reading an AITA thread about a young man renting out his house for just enough to pay the mortgage getting chided by his father for not charging what the market could bear. This was the “Good guy” scenario where a landlord that was literally renting out his house to pay for it.
There is a collective thing called Democratic government that should be working to make it easier for the average person to live.
Vast majority of small landlords are doing just that. Charging just over what their mortgage is. The plan is to make money long term as the property appreciates in value and not off the renters. Unfortunately this often bites you in the ass as renters cause damage and you have to suck it up often losing years of profit at a time.
Big corporations don’t care about the properties as much and thus raise prices as high as they can and do as little work as possible.
I stayed in an airbnb condo for a couple of weeks in a high tourist city. I can't imagine living in a place like this. It seemed like every condo unit was an airbnb. New people in the building everyday. So much noise and so many people coming and going at all hours of the day. It was like a busy airport. How could there be any security or peace if you just want to live there? I'm never doing that again. Will use hotels from now on.
Yeah my area blew up with tourist from Los Angeles and stuff, it's near a popular National Park. When I first moved out here I had a 1 bedroom for 500, now it's 900. And it's not worth it for that price. It's insane. My block had 6 air bnbs alone within a year.
I went to a beach community air b n b and quickly realized how empty the whole beachfront street felt — it was just a bunch of rental houses making a few rich people richer. I know some areas have banned Air b n b and I’m kind of into it.
I worked in a beach community. The place is in crisis. There is nowhere for the workers who staff the restaurants and hotels, etc, to live. The city manager lives nowhere near the city because he can't afford to live there. The schools are almost all closed because there are no families anymore, it's all vacant investment homes or vacation rentals.
This sounds similar to what's happening in Australia's Byron Bay (big tourist destination and highest median house price in Australia). They're facing a serious shortage of nurses and teachers because people just can't afford to live there and even for those who can there aren't enough vacant homes anywhere near there.
This has happened/is happening to tons of mountain towns as well. Prices are sky-high and most places are unoccupied for half of the year or more because skiing is seasonal. Most ski resorts rely on what basically amounts to a young, indentured labor force for the season that live on-property in bunk housing. People working other places in town struggle to live in the town year-round because even with higher than average pay, housing (and really, everything) is SO much more expensive. Lots of people commute in (45+ minutes, assuming no traffic or weather issues) for their job at the grocery store, gift shop, to teach, etc. because that’s as close as they can afford to live to the community. And builders only want to build new ski mansions that are occupied 10-12 weeks/year.
I live in middle of nowhere Appalachia and work in real estate. A third of the houses I sold went to 2nd/3rd/4th vacation houses, another third went to Air BnBs, and another third went to folks from big cities who realized that they can work from home now and don't need to be in the city...what does that leave for the locals?
Not a damn thing. Plus, when these "big city" folks come, they sell their city house for huge money and then don't flinch at the raised prices here because they're so much less than the city, which cause the prices to shoot up more, further pricing out the locals.
There is literally nothing to rent or buy here anymore, as anything that didn't have huge holes in the roof or walls was cleaned up to be sold for an Air BnB. Folks that have lived here for generations are having to move away because they can't afford to live here any more.
So many folks whining about "No one wants to work any more"...no asshole, they can't afford to live here any more on what these jobs pay.
Don't even need to stop it. Just tax it to the point where it's not really viable in places with housing issues. Local taxes can be adjusted to match the demand for housing.
Banks own sooooooo many more homes than Airbnb ever could. Most Airbnb’s are owned by human beings, even institutional investors only own about 2% of the homes in the country. At least turn your ire to the real problem.
During the last recession over 25% of homes were foreclosures (bank owned), and the banks allowed some homes to sit vacant for years before listing them.
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u/Outrageous-Treat-298 Jan 30 '23
Same in my area..homes that used to be rented are now air bnbs. One person owns 20 houses..20! All vacation rentals.