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Are the renters locals or out of towners? My (uninformed) impression was that AirBnB is more out of towners than long term locals. (I know a lot of folks who u
by mathattack 10y ago
Are the renters locals or out of towners? My (uninformed) impression was that AirBnB is more out of towners than long term locals. (I know a lot of folks who used it for business trips)
- ghaff 10y agoThe intent of my comment (which wasn't worded well) is that non-AirBnBing long-term residents or would-be residents (whether renting or owning) outnumber the hosters.
- jeffwilcox 10y agoI've seen a couple examples of folks doing 3-6 month AirBnB renting instead of looking for and dealing with the apartment market. One friend in Italy negotiated to have the owner eventually just lease their unit for which they had a long-term AirBnB thing going. Interesting to see where this all goes in time.
- drspacemonkey 10y agoI can't speak for NYC, but Vancouver is looking to ban AirBnB due in part to the displacing effect it has on long term locals. In an ultra-low vacancy rental market, every AirBnB unit takes a badly-needed apartment out of the rental pool.