4 ms·

Well that sounds a little weird - you're saying people aren't renting out houses on platform X because they rent them out on platform Y? It depends on where yo

Well that sounds a little weird - you're saying people aren't renting out houses on platform X because they rent them out on platform Y? It depends on where you live of course but my wife and I recently house shopped and inventory was super-tight because (a) fewer people were willing to have people in to see the place due to COVID (b) fewer people were moving out of houses and into apartments due to WFH and (c) many people were looking to move from apartments into houses. There was also a big move out of cities - you could easily rent/buy in NYC but good luck finding something in the suburbs. All of these factors would affect rental tightness/availability where you are. I'd look into that more, rather than accepting a vague "yes, probably" as an explanation.

dragonwriter 5y ago
> Well that sounds a little weird - you're saying people aren't renting out houses on platform X because they rent them out on platform Y? No, they are saying they don't rent them out in the long-term residential rental market because renting them out in the short-term vacation/travel rental market yields more income.
- Spooky23 5y ago
  Exactly. I did this — we bought a house that we intended to live in, but a work change made it impractical and financially infeasible to offload. Short term rental was way more profitable than leasing the whole house. Rents are capped by low interest rates and the type of people who want to rent a four bedroom house are people more likely to be a problem in some way. I did it for 4 years, from July to September. I would rent the furniture for a few months, have a cleaning service paid for the tenants and essentially rent the house for a week for the equivalent of 2-6 months rent.
  - thatfunkymunki 5y ago
    > the type of people who want to rent a four bedroom house are people more likely to be a problem in some way. Can you elaborate what you mean here? I am hoping to rent a larger home soon and am curious.
deleted 5y ago
[deleted]

dragonwriter 5y ago

> Well that sounds a little weird - you're saying people aren't renting out houses on platform X because they rent them out on platform Y? No, they are saying they don't rent them out in the long-term residential rental market because renting them out in the short-term vacation/travel rental market yields more income.

Spooky23 5y ago
Exactly. I did this — we bought a house that we intended to live in, but a work change made it impractical and financially infeasible to offload. Short term rental was way more profitable than leasing the whole house. Rents are capped by low interest rates and the type of people who want to rent a four bedroom house are people more likely to be a problem in some way. I did it for 4 years, from July to September. I would rent the furniture for a few months, have a cleaning service paid for the tenants and essentially rent the house for a week for the equivalent of 2-6 months rent.
- thatfunkymunki 5y ago
  > the type of people who want to rent a four bedroom house are people more likely to be a problem in some way. Can you elaborate what you mean here? I am hoping to rent a larger home soon and am curious.

deleted 5y ago

[deleted]