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Alternate perspective on perma-rented AirBnB listings (that is, properties exclusively used full-time for AirBnB rentals): it is an externalization of unaccount
by yourapostasy 9y ago
Alternate perspective on perma-rented AirBnB listings (that is, properties exclusively used full-time for AirBnB rentals): it is an externalization of unaccounted for costs in the degradation of the commons, and raising overall risks upon permanent residents. This is currently an unsolved problem, messily left to the permanent residents who are adversely-impacted to handle on their own. I'm not personally affected, but read about these points raised in municipal ordinance discussions about banning short-term rentals.
The stories about trashed public areas, even frequent instances of vomit, urine, and feces found in stairwells and elevators, are common, and some are even brought up in this thread. Who bears the cost (materials, time and/or labor) of clean up?
When the guests stay only 2-3 nights, and hold a raucous party on the last night that keep waking up the next door neighbor's infant, that degrades the commons. Sure they're gone by the following morning, sure the owner can ban that specific renter from ever renting the property again, but the key difference between a permanent resident and a short-term renter is the next door neighbor no longer has the assurance of reasonably-consistent behavior. The owner can even be well-intentioned, but let slip partiers through their screening enough that there will never be a season when the next door neighbor doesn't have to work with the police on a noise complaint. Always with new people they've never met before so there is no common base to work from.
Every time a short-term renter comes through, there is a nearly-imperceptible increase in the risk to the surrounding residences. Even in places where neighbors barely know each other, knowing by sight still represents a kind of commons. Even discounting the crime risk, there is the natural human instinct to put up your guard around "the other"; there is a small element of stress raised around this constant flow of short-term renters through a residential area. Years of crime data definitely prove relative anonymity raises risk profiles, but no hard metrics have been teased out of that to my knowledge, sufficiently to allow us to build predictive models around short-term renter effects.
It is easy to flippantly say the courts will handle these issues, but that is a tacit acknowledgement that the issues are a systemic pattern, not one-off freak occurrences that fall way off the edge of a Monte Carlo chart. When it is a pattern, then that is a cost externalization by the business. I'm seeing a lot of this behavior by businesses of all stripes, trying to gain an edge by monetizing any behavior that cannot be readily accounted for, especially in individual cases, yet in aggregate over time yield benefits to the business with asymmetrical costs borne by bystanders. This concentrated-benefits-dispersed-costs problem has been discussed [1], but to my knowledge no definitive solution exists yet, and in this case the challenge is even greater because the costs like increased, inconsistent and chronic stress, are difficult to assess.
[1] https://en.wikipedia.org/wiki/The_Logic_of_Collective_Action https://en.wikipedia.org/wiki/The_Logic_of_Collective_Action