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Or even better, zoning should factor in the average Airbnb rental rates. Allow more rental units to be available in a zoned area where airbnb operates (it'll br
by calvinbhai 10y ago
Or even better, zoning should factor in the average Airbnb rental rates. Allow more rental units to be available in a zoned area where airbnb operates (it'll bring down rent / airbnb prices)
- wavefunction 10y agoI disagree that your proposal is better. For instance, "zoning should factor in the average Airbnb rental rates". I am not sure what you mean by this, but presumably the average rates are fluctuating all the time, which means "fluctuation" in the zoning as well. Plus the properties would be properly treated as commercial sites and subject to appropriate taxes.
- calvinbhai 10y agoagree with you on taxing. What I meant was, zoning should ensure that Airbnb will not be a sustainable option for home owners. If there's 10x Airbnb listings for 1x Airbnb guests visiting the area, how long can the remaining 9x sustain empty houses?