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My neighbor was pretty noisy when he first moved in. I had to ask him several times to quiet down and eventually after the landlady heard complaints from severa
by arebop 10y ago
My neighbor was pretty noisy when he first moved in. I had to ask him several times to quiet down and eventually after the landlady heard complaints from several others, he did. This isn't at all an AirBnB-specific issue.
I admit 5% isn't nothing. But if your problem is that rents are rising 25% pa in your town, a one-time decrease of 5% isn't much of a solution.
- whyenot 10y agoYou're 25% figure is highly questionable. As you surely noticed when you got that number from Trulia, average rent in SM actually decreased from $4800 to $4600 between July 2015 and January 2016. You would need to see numbers going back more than 12 months to come up with a meaningful estimate. Your 5% figure is based on a model purpose-built for San Francisco. In particular the number for elasticity of demand is likely wrong for Santa Monica. Considering how sensitive the model is to this parameter, it seems pretty iffy to present 5% as a meaningful estimate of anything.
- kalleboo 10y agoSo it took several times to get a neighbor to quiet down, then he stayed quiet. Now imagine getting a new neighbor every week. Once he quiets down, there's a new one. That's living next to an AirBnB.
- arebop 10y agoThe same person is responsible every week. Take it up with the landlord. Before I was in an apartment, I owned a condo, and the bylaws prohibited short term rentals and even most long term rentals. No new laws are needed to deal with these old problems.