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From my observations it seems as though many houses and apartments are intentionally left empty and one possible approach towards improving housing availability
by Guest42 6y ago
From my observations it seems as though many houses and apartments are intentionally left empty and one possible approach towards improving housing availability is to disincentive this practice by increasing property taxes on those.
- dorchadas 6y agoNot necessarily California specific, but more in touristy spots: They're also being let out on AirBnB to short term tourists. It's done a huge number on available housing in many markets. Dublin, for instance, say the long-term rental supply double from August of 2019 to August of 2020 because of all the AirBnB residences looking to keep making money and thus returning to the long-term rental market. Hopefully they'll stay on that market (and more will follow), and AirBnB can disappear.