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It looks light a great business opportunity for someone with money. I imagine, right now, there are many wealthy people, companies/REIT's buying up residentia
by icantdrive55 10y ago
It looks light a great business opportunity for someone with money.
I imagine, right now, there are many wealthy people, companies/REIT's buying up residential properties; and using Airbnb to making a healthy ROI. If I had the means, I would probally join the money making hootenanny.
It kinda bothers me because essentilly all these low interest loans are going to wealthy people, with assets. In my warped world, I still think homes should be available to the middle class, and even the working poor. I just heard today it's practically impossible to get a loan if you're self-employed. Sorry, if I sound bitter--I am. I really wish they would raise interest rates. I only see the wealthy benefitting from this historically low interest rates. And to be honest, I don't want to have a bunch of random Airbnb people as temporary neighbors. Sorry about the rant. Oh yea, I just got a cc offer for 29 percent today--yea! I'm just in a bad mood today.
- mchaver 10y agoA lot of European cities are trying to crackdown on Airbnb used in housing without permission: http://www.citylab.com/housing/2016/06/european-cities-crackdown-airbnb/487169/ http://www.citylab.com/housing/2016/06/european-cities-crack...
- mattlutze 10y agoIt's a big problem where I'm at: http://www.stuttgarter-nachrichten.de/inhalt.airbnb-in-stuttgart-wenn-mieter-vermieten.44a406ef-5f30-4840-bd84-9ddb0f420b39.html http://www.stuttgarter-nachrichten.de/inhalt.airbnb-in-stutt... Even normal folks making thousands of Euro from their flat, making housing unreasonably expensive as speculators snap up any reasonably priced real estate.