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I understand that they are doing this to help keep housing costs affordable, but Detroit needs tourism income more than they need affordable housing at this poi
by ChrisBland 9y ago
I understand that they are doing this to help keep housing costs affordable, but Detroit needs tourism income more than they need affordable housing at this point. They have plenty of land and run down houses that can be fixed up if AirBnb raises the cost of real estate in one area.
- throwaway2048 9y agothats a fine sentiment if you arn't having trouble affording housing...
- deleted 9y ago[deleted]
- yardie 9y ago> Detroit needs tourism income more than they need affordable housing at this point. Part of the appeal of AirBnB was to live like a local. But if all the neighbors are other tourists than what makes it any more unique than any other resort full of tourists?
- sp332 9y agoAlmost everyone who could afford to leave Detroit has left by this point. https://en.wikipedia.org/wiki/Demographic_history_of_Detroit#Table https://en.wikipedia.org/wiki/Demographic_history_of_Detroit...
- MSM 9y agoThis is a little misleading. Was there a mass exodus? Absolutely, but it's turned / turning around. You would be hard pressed to find any decent apartment within a mile of downtown for less than 1k/mo. Many nice apartments in downtown go for $2k - $3k. I personally would love to live downtown and many of my peers share the sentiment, there just needs to be a larger supply of apartments on the market. Do I want to live four miles away from Detroit in a run down neighborhood? Not particularly- if I'm already getting into my car to drive to work, why not go a few more miles away into any one of the nice suburbs that surround Detroit?
- deleted 9y ago[deleted]
- matt4077 9y agoOr, maybe, the demand for accommodation is relatively inelastic to the small increase in cost when people have to just stay in an actual Hotel, and that small raise in prices ends up staying in Detroit as well... It's hard to analyse such things without actual numbers. But it seems slightly icky to always go for the "Your're Detroit! You can't afford the luxury of zoning/safety regulations/firefighters/...".
- armenarmen 9y agoAgreed. Apparently the avg income in Detroit is $26k, houses without all the copper torn out can be had for under $20k. Seems like going after AirBnb hosts is a bad move for the city, if a good move for Hotel owners. Especially given young moneyed consumers preference for airbnb over hotels.