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The same could be said for all foreign realestate investment where homes sit empty. (Granted that could be solved by a vacancy tax.) But people already buy pla
by massivecali 8y ago
The same could be said for all foreign realestate investment where homes sit empty. (Granted that could be solved by a vacancy tax.)
But people already buy places and rent them out as income property. This puts a burden on renters and increases the incentives for builders to only construct larger apartments and homes. It raises the price for everyone and poor single people suffer the most.
Im not following how airbnb is worse than individuals who have profited off the community and neighbors since forever?
- matchbok 8y agoBecause renting != hotel. There is a huge different between how a tourist treats a building/apartment/neighborhood and a resident does. There are many good reasons why hotels have regulations. Mini-hotel platforms are not subject to the same things.
- massivecali 8y agoAll of the laws regarding noise, littering, loitering, smoking, etc. don't magically vanish. You have the same recourse against a renter as you would a tourist.
- ceejayoz 8y ago> All of the laws regarding noise, littering, loitering, smoking, etc. don't magically vanish. The guests do, though, which means when you call the cops again next week, it's a new person getting their first noise warning.
- massivecali 8y agoSo these apartments and condos don't have rules where you just complain to management and they kick you (the leaseholder) out?
- ceejayoz 8y agoPlenty of landlords won't want to do battle with the lucrative tenants who've rented out half the building and always pay on time. Nor do they really want to do all that work - evictions cost money, and are hard! - just to have another AirBnBer sign the replacement lease.
- matchbok 8y agoSimply not true, at all.
- jseliger 8y agoIf only there were some way, a technology, even, of increasing the total number of units on a given plot of land, such that those who want to live in a city or visit a city wouldn't have to compete so vigorously for livable housing units. Alas, we can only dream that such a technology. https://en.wikipedia.org/wiki/Steel_frame https://en.wikipedia.org/wiki/Steel_frame
- deleted 8y ago[deleted]
- jacques_chester 8y agoIs your argument that tall buildings are not built in NYC?
- et2o 8y agoThey obviously are, but there are still not nearly enough. If you walk through lower manhattan you see innumerable 3 and 4 story buildings.
- pjc50 8y agoThe interesting thing about AirBnb is not in the raw space consumption, but that it's driven down the cost of hotel rooms by changing what "hotel" means.