4 ms·

Do you think this is an primarily caused by Airbnb?

lifeformed 4y ago
It's not the only cause but a significant one.
comprev 4y ago
It will be interesting to see what happens in Amsterdam over the next few years since they clamped down hard on AirBnB. Hosts now have to be officially registered with the city. AirBnB lost something like 90% of their hosts overnight!
- Gareth321 4y ago
  Many major cities are clamping down hard. Mayors and politicians are under much more pressure from locals to stop their cities turning into, well, Amsterdam. Tourism is fine, but it has increasingly come at the cost of locals.
  - jfk13 4y ago
    > Tourism is fine Well... a moderate amount of tourism is fine, even beneficial; but excessive tourism in any given location becomes a blight. Airbnb has contributed to that, by facilitating short-term profits for "hosts" and the company and ignoring the negative impact.
    - bombcar 4y ago
      Tourism that overwhelms the location turns it into a tourist trap; whatever it had before becomes a veneer over the main industry, which will be tourism. In some places this is incredibly visible (think Las Vegas Strip vs Las Vegas) but you can also see it in many famous tourist destinations. Of course, large cities like Tokyo are quite resistant to tourism, just because of how big they are - certain areas and attractions may be tourist heavy but the city is still Tokyo.
lultimouomo 4y ago
I live in a city that is a major tourist destination worldwide. Tourism has always been a blessing and a curse; shops always suffered a pressure to become tourist oriented; some big buildings were converted to hotels. With AirBnB the problem has expanded massively. I cannot find a 3-room office that is not miles away from the city center because everything that size is an AirBnB. An employee I just hired that moved here from a different city has been forced to live for months in an AirBnB because there are no long term rentals in the city (ah!). Since every wall-confined space can be an AirBnB, every wall-confined space becomes one. The lack of regulation makes a real difference, compared to shop and hotels.
- renewiltord 4y ago
  Never heard of a landlord who’d rather have a string of short term rentals than one continuous long term rental unless there’s some renter protection law that makes you an effective permanent tenant. Just rent through Airbnb and then talk to the guy about a normal lease. If you want, text me where you are, I’ll put up $10k for a bet and then if I can find you a 3 room office, you give me $10k. If I can’t, I’ll give you $10k. Gotta be anglophone, though and none of this long-term rent controlled shit because no one wants to get locked into that. My French is atrocious and my German worse and I can’t speak anything else. EDIT: Fine, fuck it, give me a year to learn the Spanish and up the bet to $100k and I’ll do it. I find very often that things that are impossible for others are easy for me. But list your conditions up front here. I think I could manage anyhow.
  - spaniard89277 4y ago
    You never heard of it, but there are plenty in Spain. I don't live in a tourist city but I go ofter to Madrid and Barcelona and it's a serious problem there. It's not the primary source of the housing problem, but it definitey contributes to it.
  - bryanrasmussen 4y ago
    >Never heard of a landlord who’d rather have a string of short term rentals than one continuous long term rental unless there’s some renter protection law that makes you an effective permanent tenant. or unless you can make significantly more money as a short term rental. Also if you can theoretically hide your earnings (although I guess you can't most places anymore) also, I believe most EU countries have some form of renter protection laws.
corford 4y ago
In tourist heavy cities like Barcelona and Lisbon, yes. I've seen it first hand.
devmor 4y ago
No, property management companies already did this to a limited extent - but airbnb has made it easy enough that it has reached a critical mass level resulting in home prices spiraling out of control to the point that homes are now relisted 6 months later at even 100% markup or greater. The problem here in Atlanta is so bad that the core city has now banned airbnb without an explicit permit. We are hoping that gets adopted across the metro area.

It's not the only cause but a significant one.

It will be interesting to see what happens in Amsterdam over the next few years since they clamped down hard on AirBnB. Hosts now have to be officially registered with the city. AirBnB lost something like 90% of their hosts overnight!

Gareth321 4y ago
Many major cities are clamping down hard. Mayors and politicians are under much more pressure from locals to stop their cities turning into, well, Amsterdam. Tourism is fine, but it has increasingly come at the cost of locals.
- jfk13 4y ago
  > Tourism is fine Well... a moderate amount of tourism is fine, even beneficial; but excessive tourism in any given location becomes a blight. Airbnb has contributed to that, by facilitating short-term profits for "hosts" and the company and ignoring the negative impact.
  - bombcar 4y ago
    Tourism that overwhelms the location turns it into a tourist trap; whatever it had before becomes a veneer over the main industry, which will be tourism. In some places this is incredibly visible (think Las Vegas Strip vs Las Vegas) but you can also see it in many famous tourist destinations. Of course, large cities like Tokyo are quite resistant to tourism, just because of how big they are - certain areas and attractions may be tourist heavy but the city is still Tokyo.

lultimouomo 4y ago

I live in a city that is a major tourist destination worldwide. Tourism has always been a blessing and a curse; shops always suffered a pressure to become tourist oriented; some big buildings were converted to hotels. With AirBnB the problem has expanded massively. I cannot find a 3-room office that is not miles away from the city center because everything that size is an AirBnB. An employee I just hired that moved here from a different city has been forced to live for months in an AirBnB because there are no long term rentals in the city (ah!). Since every wall-confined space can be an AirBnB, every wall-confined space becomes one. The lack of regulation makes a real difference, compared to shop and hotels.

renewiltord 4y ago
Never heard of a landlord who’d rather have a string of short term rentals than one continuous long term rental unless there’s some renter protection law that makes you an effective permanent tenant. Just rent through Airbnb and then talk to the guy about a normal lease. If you want, text me where you are, I’ll put up $10k for a bet and then if I can find you a 3 room office, you give me $10k. If I can’t, I’ll give you $10k. Gotta be anglophone, though and none of this long-term rent controlled shit because no one wants to get locked into that. My French is atrocious and my German worse and I can’t speak anything else. EDIT: Fine, fuck it, give me a year to learn the Spanish and up the bet to $100k and I’ll do it. I find very often that things that are impossible for others are easy for me. But list your conditions up front here. I think I could manage anyhow.
- spaniard89277 4y ago
  You never heard of it, but there are plenty in Spain. I don't live in a tourist city but I go ofter to Madrid and Barcelona and it's a serious problem there. It's not the primary source of the housing problem, but it definitey contributes to it.
- bryanrasmussen 4y ago
  >Never heard of a landlord who’d rather have a string of short term rentals than one continuous long term rental unless there’s some renter protection law that makes you an effective permanent tenant. or unless you can make significantly more money as a short term rental. Also if you can theoretically hide your earnings (although I guess you can't most places anymore) also, I believe most EU countries have some form of renter protection laws.

corford 4y ago

In tourist heavy cities like Barcelona and Lisbon, yes. I've seen it first hand.

devmor 4y ago

No, property management companies already did this to a limited extent - but airbnb has made it easy enough that it has reached a critical mass level resulting in home prices spiraling out of control to the point that homes are now relisted 6 months later at even 100% markup or greater. The problem here in Atlanta is so bad that the core city has now banned airbnb without an explicit permit. We are hoping that gets adopted across the metro area.