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And just imagine doing it with property which often costs ten to one hundred times as much as a vehicle! A sort of AirBnB for houses, if you will... Just think
by grkvlt 11y ago
And just imagine doing it with property which often costs ten to one hundred times as much as a vehicle! A sort of AirBnB for houses, if you will...
Just think of the unbelievable number of ways that could go wrong:
Renters could mess up a house in any number of ways, from making a mess with food and drink, to damaging parts of the interior, to having accidents and causing serious damage. Are owners expected to do a full damage assessment pre/post every rental? Nobody will accept any liability otherwise.
That's overlooking any "party like a rock-star" issues which can ruin the contents.
Think of all the nefarious activity a renter could get up to. Domestic abuse, public order offences. Drug dealing or trafficking. Congratulations, your address is now on a watchlist.
Imagine the disputes over how much electricity has been used, or how much milk is left in the fridge. Let alone what type of milk a renter puts in there.
There's no way any ordinary insurance policy would cover this kind of scheme. Your premiums can, and should, skyrocket.
Then contemplate the practicalities of all this. A renter will have to travel from their home to the location of the property, then presumably return home. If that requires payment for transport, who pays?
Don't get me wrong; I can't wait for the future where nobody owns a home and we all live in autonomous coffin hotels that are efficiently utilized, monitored and cleaned automatically as needed. But this halfway house is a nightmare.
TL;DR: The concept of renting property to third parties has existed for a long time, and the problems are well understood.