The community must pass laws to protect occupancy expectations.
I hate all the “fuck Airbnb” hate when it isn’t coupled with “fuck my local council, etc” because they are the real enemy, they and their buddies are all in cahoots
At it’s core, this is the root cause of the housing crisis. We do not have enough supply. The amount of Airbnb’s that exist is extremely miniscule and the targeting of Airbnbs is an intentional distraction tactic.
Depending on the source, 1% to 0.2% of all dwellings are listed for short-term rental in the US. That’s crazy small and has very little impact on housing prices overall.
The fact of the matter is that Single Family Homes are an incredible luxury that our parents and grandparents were able to enjoy when the country had half as many people as it does now. It is no longer sustainable to expect a SFH in the US, and the American public continuing to cling to that dream and restrictive zoning practices are really what is driving up prices.
If you want an affordable house you will need to move to a rural area where land and labor are cheap. If you want to live near any reasonably sized city, you better be upper middle class to even think about buying a SFH.
I totally agree. More housing would be built if we were to just fix our broken zoning regulations and building approval processes but everyone is obsessed with banning Airbnb.
…Or actually enforce zoning and regulations that ban short term rentals in residential areas? Most Air B&B’s in America are already illegal, real estate interests just have a ton of sway in local governments.
Why would you want to ban short term rentals when you could instead build more housing supply? Short term rentals bring in tons of money not only to property owners, but to the local area at large. Housing isn’t a zero sum game where in order to have short term rentals, long term rental supply must go down. Zoning laws make it impossible to build high density housing and approvals for large building projects are subject to the whims of the local planning board or city council rather than concrete laws and requirements. If we were to fix zoning regulations and improve approval processes, you could have plenty of housing supply for both short term rentals and long term, and the community would be better off.
Enforce zoning regulations and apply rental laws or hotel regulations to Air BnBs. If you make them actually follow the rules, it suddenly becomes vastly less profitable.
Enforcing is unfortunately really difficult because the incentives are too strong. We have rules here which are meant to prevent AirBnB and similar by limiting the number of nights any domestic property can be let in a year. So all the hosts just jump from site to site and change the descriptions slightly to get around it. And it’s so brazen. They use the same photos and everything. The really organised ones have whole buildings and when you book they’re non-specific about the unit you get, so it’s very difficult to actually track which ones are rented at any point, particularly when the enforcement teams are so underfunded.
If you can’t do it from your instance page, open a tab on your browser and search for a font replacer. After you find one, type in what you want, pick a font, copy it, and then paste it to your screen name on your instance under your settings.
There are a lot of options :)
Some letters from some fronts may not properly show up on certain themes, though.
The housing crisis is caused by property taxes being too low, particularly on land values. Banning small rentals won’t work because they’ll continue to extract rent under longer-term leases.
We already have plenty of houses. Increase taxes and their market values will drop.
Ban the ownership of single family residential properties by corporations. I don’t see a world where it makes sense for houses to be owned by companies.
Many leading economist argue for land value tax only as a way to incentivize the most efficient use for our most valuable resource. If land tax was used instead of property tax, a multi-acre plot in a dense urban would be taxed just as much a multi-story apartment building that takes up the same amount of space.
I’m just here to say fuck air bnb. Ban that shit for it’s contribution to the housing crisis.
In my neighborhood, half the houses are AirBnBs… Because we’re close to tourist destinations. 4 of my 5 neighbors are AirBnBs.
How do you even combat that ?
The community must pass laws to protect occupancy expectations.
I hate all the “fuck Airbnb” hate when it isn’t coupled with “fuck my local council, etc” because they are the real enemy, they and their buddies are all in cahoots
Eliminate zoning and other regulations that make it impossible to build sufficient housing supply.
At it’s core, this is the root cause of the housing crisis. We do not have enough supply. The amount of Airbnb’s that exist is extremely miniscule and the targeting of Airbnbs is an intentional distraction tactic.
Depending on the source, 1% to 0.2% of all dwellings are listed for short-term rental in the US. That’s crazy small and has very little impact on housing prices overall.
The fact of the matter is that Single Family Homes are an incredible luxury that our parents and grandparents were able to enjoy when the country had half as many people as it does now. It is no longer sustainable to expect a SFH in the US, and the American public continuing to cling to that dream and restrictive zoning practices are really what is driving up prices.
If you want an affordable house you will need to move to a rural area where land and labor are cheap. If you want to live near any reasonably sized city, you better be upper middle class to even think about buying a SFH.
I totally agree. More housing would be built if we were to just fix our broken zoning regulations and building approval processes but everyone is obsessed with banning Airbnb.
…Or actually enforce zoning and regulations that ban short term rentals in residential areas? Most Air B&B’s in America are already illegal, real estate interests just have a ton of sway in local governments.
Why would you want to ban short term rentals when you could instead build more housing supply? Short term rentals bring in tons of money not only to property owners, but to the local area at large. Housing isn’t a zero sum game where in order to have short term rentals, long term rental supply must go down. Zoning laws make it impossible to build high density housing and approvals for large building projects are subject to the whims of the local planning board or city council rather than concrete laws and requirements. If we were to fix zoning regulations and improve approval processes, you could have plenty of housing supply for both short term rentals and long term, and the community would be better off.
Enforce zoning regulations and apply rental laws or hotel regulations to Air BnBs. If you make them actually follow the rules, it suddenly becomes vastly less profitable.
Enforcing is unfortunately really difficult because the incentives are too strong. We have rules here which are meant to prevent AirBnB and similar by limiting the number of nights any domestic property can be let in a year. So all the hosts just jump from site to site and change the descriptions slightly to get around it. And it’s so brazen. They use the same photos and everything. The really organised ones have whole buildings and when you book they’re non-specific about the unit you get, so it’s very difficult to actually track which ones are rented at any point, particularly when the enforcement teams are so underfunded.
See, this is why we need to divert over-bloated policing budgets to proper civil servants.
Like any business, they should be subject to audit and inspection at any time.
That is a cool handle sir
If you can’t do it from your instance page, open a tab on your browser and search for a font replacer. After you find one, type in what you want, pick a font, copy it, and then paste it to your screen name on your instance under your settings.
There are a lot of options :)
Some letters from some fronts may not properly show up on certain themes, though.
Thank you! Anyone can change their display name in the website and use fancy text!
The housing crisis is caused by property taxes being too low, particularly on land values. Banning small rentals won’t work because they’ll continue to extract rent under longer-term leases.
We already have plenty of houses. Increase taxes and their market values will drop.
The housing crisis is caused by many things.
Ban the ownership of single family residential properties by corporations. I don’t see a world where it makes sense for houses to be owned by companies.
Many leading economist argue for land value tax only as a way to incentivize the most efficient use for our most valuable resource. If land tax was used instead of property tax, a multi-acre plot in a dense urban would be taxed just as much a multi-story apartment building that takes up the same amount of space.
See the Strongtowns article on the subject. https://www.strongtowns.org/journal/2019/3/8/if-the-land-tax-is-such-a-good-idea-why-isnt-it-being-implemented