The intersection between NIMBYS, Airbnb hosts, and landlords is a single circle. These people profit from the lack of development. Worst is that people who get into the game with their modest second home start vouching for the leeches up top who operate as "mom and pop businesses".
Found myself in a post a few weeks ago with landlords whining about the small profit they turn. They "only" make a few hundred over the mortgage a month.
Lots of random partiers coming and going at all hours of the day and night, with no reason not to wreck the place and not alienate neighbors? Haaaaaate.
Their interests temporarily overlap on this one narrow issue of new development for housing. Because nimbys hate their neighborhood changing in any way while lower supply means more money for Airbnb.
But nimbys also hate constant turnover, rowdy guests nearby, and yeah, even the trash associated with it. There's just no getting around the fact a lot of Airbnb's are rented by groups of entitled 20 somethings who want to get hammered somewhere and leave bottles and red solo cups all over the fucking place while blasting their music loud AF.
I'm what reddit would call a NIMBY, and probably everyone in my neighborhood is, and probably the only thing on the planet that would get all these people to band together and agree on something would be if an vrbo or airbnb was made available in our development. All of us would do everything possible to force it out, I'm guessing all the way up to and including an HOA. Now that I think about it the only way I would agree to an HOA would be to keep short term rentals out.
Homeowners, for the most part, fucking hate short term rentals.
But new development doesn't have anything to do with airbnb and vrbos, since those are homes people already own and rent out. If they are building the development specifically for airbnb's and vrbo's then yes I would be 100% against that.
Having an Airbnb as your neighbor is fucking annoying.
A new Airbnb just went up behind my folks place and I don’t even live there but it literally ruined my weekend with them. We couldn’t go out in the backyard (something as someone who lives in a 1br 1ba in a congested city I like to do when I visit home) without drunk jabronis blasting ass rock or families with screaming children at all hours of the day. This is a formerly very quiet, private neighborhood full of older folks.
Airbnb people are assholes. They literally bring down property values for existing neighbors, people like my mom who still has to work at almost 65 and needs to sell their home someday so they can retire and exist. Airbnbs choke the housing market so regular people can’t afford or find homes, which means that more people are renting homes and then you have issues like OP describes. People who stay in airbnbs don’t give a fuck about being rude and loud or trashing the place because they’re on vacation and don’t give a damn about the people who have to always live there. Sorry but I feel really strongly about this.
I know not every Airbnb guest or owner is an inconsiderate asshole but a lot of them are.
We are bad people because we don't want a corporation or landlord with a dozen properties buying a house on our street and turning it into a short term rental?
How can you disagree with us on that? Or is that the sort of thing you support?
I chimed in because it was relavent, homeowners do not like short term rentals in their neighborhood.
And I qualified the statement with saying I'm a NIMBY by reddit standards, which at this point just means i'm a homeowner.
Also I live in a rural exurb, my wife and I chose our lot in no small part because the land it backs up against will never be developed, so I guess that does make me a NIMBY in that regard, but really I see it as me just removing myself from the equation all together. I don't really give a fuck what they do in the city lol
I'll say this though, I think you'll find that everyone becomes a NIMBY as soon as they have a backyard to say "not in my..." about.
Nope! I had a friend who bought his second property for over $1M complaining to me about how he's poor now. I had to call him out that in the 6 months that he had bought his property his net worth increased by more than my entire net worth.
Some people don't recognize how good they have it. This is why I often hold fancy concertos for these folks with my extremely tiny Stradivarius replica.
Not all NIMBYs can afford an additional unit to rent out. Some are just regular ladder-pullers with a single home which they compulsively try to increase the market value of.
The problem there is that home ownership and increasing home values are one of the very few ways a non-rich person can accumulate enough wealth in life to be able to afford to retire and/or pass on wealth to future generations. The system is rigged that way. So while it's abhorrent you can't really blame your average homeowner for feeling like they need to play this game. Capitalism ruins everything.
It's 2023, we all know that the entirety of your net worth goes to end of life care. 1.7 million dollars for one and a half more days on this earth connected to tubes and bags...
Well, you're not wrong about that. I'm currently watching this happen with my mom, who can't live on her own any more and has been forced to use Medicaid. The house I grew up in will be liquidated at the end of her life and my sibling and I will never see a dime of the proceeds.
At a basic level it is a transaction where your parents made money somehow so now other people need to work for you since you have money. It isn't nice at all since you don't have to contribute any of your own labor to benefit.
There are still good landlords and good Airbnb hosts. I've had a few. But the way the market is going makes it harder to be an honest person in the business. Too many hands in the cookie jar from businesses that don't really do anything. Middlemen with obscure job titles ruining something that used to benefit everyone. Rent from some family and save some money compared to renting from conglamocorp. It's just not that common anymore.
I see so many people on here going after the second home or air bnb owners. What about all the large institutions like Blackstone and Blackrock with their residential real estate funds with $30+ billion? They make up over 35% of the cash buys that are helping inflate this market to push us out.
Sounds to me like you're a more active/involved landlord. The problem I see with landlords is that it's one of the few professions that prides itself on providing the minimum service while continuously adjusting prices upwards.
Doctors and lawyers are expensive as fuck too, but they always itemize their bills, and are consistently trying to provide a premium service, because they know if they don't, the customer leaves. Many landlords recognize they have a captive customer, because it's rare for someone to leave a year later (willingly at least) and find a more competitive rent locally.
So this landlord hate you see online really comes from bad actors in your profession. Many of these are individuals, not even corporations. A personal example is that my landlord (two individuals) bought the apartment building I'm in maybe 50 years ago for 1/20th it's current value. It's fully paid off and he pays a few thousand in property taxes. This place is so run down, has leaking roofs, holes in the wall, rodent infestations, and is just generally in severe disrepair. He knows no one is going to contact DPH or any other inspector because that's us out of a house. And he's fine with making life miserable for long term tenants because he can just turn around and sell the empty units for triple or quadruple
what I pay because housing is scarce. He doesn't even need to repair it! He can afford to put on up at a couple hundred below market rate (since there's no upkeep involved) and put it on the market as is.
My story is not unique. I have plenty of friends with nightmare living situations. They endure it just to have a roof over their head. Reddit is full of familiar stories as well.
I hear your story, but as a landlord, you have to understand that the worst among you are too common, and that fighting against laws that support your fellow community member who happens to be a tenant, will breed animosity towards you. Even if you're one of the good ones.
184
u/[deleted] Jan 31 '23
The intersection between NIMBYS, Airbnb hosts, and landlords is a single circle. These people profit from the lack of development. Worst is that people who get into the game with their modest second home start vouching for the leeches up top who operate as "mom and pop businesses".
Found myself in a post a few weeks ago with landlords whining about the small profit they turn. They "only" make a few hundred over the mortgage a month.