4 ms·

Airbnb is a convenient scape goat for deep rooted social, political and economic issues.

iechoz6H 4y ago
It's also the facilitator par excellence that flips 'bad' into 'unsustainable' in the housing domain, all else being equal.
- neom 4y ago
  Exacerbate would be an understatement. For example: https://shorttermrentalz.com/news/realpha-investment-homes/ https://shorttermrentalz.com/news/realpha-investment-homes/ https://skift.com/2022/02/16/avantstay-creates-a-500-million-fund-for-investing-in-short-term-rentals/ https://skift.com/2022/02/16/avantstay-creates-a-500-million... https://skift.com/2022/03/15/short-term-rentals-may-prove-right-fit-for-private-equity-seeking-new-asset-class/ https://skift.com/2022/03/15/short-term-rentals-may-prove-ri... http://insideairbnb.com/reports/platform-failures-how-short-term-rental-platforms-like-airbnb-fail-cities-en.pdf http://insideairbnb.com/reports/platform-failures-how-short-... https://www.dropbox.com/s/u4s1fcync2gseyl/AirBnB_Report%20FINAL.docx?dl=0 https://www.dropbox.com/s/u4s1fcync2gseyl/AirBnB_Report%20FI...
marvel_boy 4y ago
Exactly, Lisbon is destroyed beyond repair due to this madness.
fxtentacle 4y ago
In some countries, AirBnB is like "tax evasion as a service" so I'm not surprised that politicians choose them as their target. Also, people usually hate it if their neighbor starts inviting strangers every day, because it causes thrash and misbehaviour on a level that permanent residents wouldn't.
brmgb 4y ago
The slowness with which the biggest European cities with housing issues have tackled the problems of both short term rentals, second home ownerships and properties as investments tell you all you need to know about whose interests the main European parties are really serving.
jonathanstrange 4y ago
It's true that Airbnb is only part of the problem. A larger problem is that there is a lot of illegal temporary renting, in fact many people I know have never seen a rental contract. Officially, there needs to be a sign on the house for "alojamento local" but few places have it. I can't blame the apartment owners, if you have another place to stay just renting out one apartment is enough to make a living. But the problem is even deeper, I recently spoke to a friend on the phone who considers to move to Portugal. He told me that if he rents out his apartment in L.A., he should get about 10,000 USD/mo for it. For that money he could literally rent a whole house in Portugal. How could Portuguese with an average salary below 1,000 USD compete with that on the housing market?
- leppr 4y ago
  Precisely. People are struggling to internalize how much wealth inequality (both local and global) has shot up in recent years, and instead blame the symptoms of this inequality as if they're the cause. The woes Portuguese people are feeling now have been felt by the citizens of many countries before. Most of Europe considers its "first world" status as some kind of inherent property. You just need to look outside of Europe to Asia and Africa to see what's going to happen.
jvidalv 4y ago
Airbnb should be regulated to the ground. On the other hand construction regulations should be removed and government intervention lowered down so the market can fill the gaps by building like crazy.
- petre 4y ago
  Lisbon is already too chaotic to remove construction regulation. And it's an earthquake prone area. They also take fires very seriously. https://en.m.wikipedia.org/wiki/1755_Lisbon_earthquake https://en.m.wikipedia.org/wiki/1755_Lisbon_earthquake
- somewhereoutth 4y ago
  but not in earthquake zones of course.

It's also the facilitator par excellence that flips 'bad' into 'unsustainable' in the housing domain, all else being equal.

neom 4y ago
Exacerbate would be an understatement. For example: https://shorttermrentalz.com/news/realpha-investment-homes/ https://shorttermrentalz.com/news/realpha-investment-homes/ https://skift.com/2022/02/16/avantstay-creates-a-500-million-fund-for-investing-in-short-term-rentals/ https://skift.com/2022/02/16/avantstay-creates-a-500-million... https://skift.com/2022/03/15/short-term-rentals-may-prove-right-fit-for-private-equity-seeking-new-asset-class/ https://skift.com/2022/03/15/short-term-rentals-may-prove-ri... http://insideairbnb.com/reports/platform-failures-how-short-term-rental-platforms-like-airbnb-fail-cities-en.pdf http://insideairbnb.com/reports/platform-failures-how-short-... https://www.dropbox.com/s/u4s1fcync2gseyl/AirBnB_Report%20FINAL.docx?dl=0 https://www.dropbox.com/s/u4s1fcync2gseyl/AirBnB_Report%20FI...

marvel_boy 4y ago

Exactly, Lisbon is destroyed beyond repair due to this madness.

fxtentacle 4y ago

In some countries, AirBnB is like "tax evasion as a service" so I'm not surprised that politicians choose them as their target. Also, people usually hate it if their neighbor starts inviting strangers every day, because it causes thrash and misbehaviour on a level that permanent residents wouldn't.

brmgb 4y ago

The slowness with which the biggest European cities with housing issues have tackled the problems of both short term rentals, second home ownerships and properties as investments tell you all you need to know about whose interests the main European parties are really serving.

jonathanstrange 4y ago

It's true that Airbnb is only part of the problem. A larger problem is that there is a lot of illegal temporary renting, in fact many people I know have never seen a rental contract. Officially, there needs to be a sign on the house for "alojamento local" but few places have it. I can't blame the apartment owners, if you have another place to stay just renting out one apartment is enough to make a living. But the problem is even deeper, I recently spoke to a friend on the phone who considers to move to Portugal. He told me that if he rents out his apartment in L.A., he should get about 10,000 USD/mo for it. For that money he could literally rent a whole house in Portugal. How could Portuguese with an average salary below 1,000 USD compete with that on the housing market?

leppr 4y ago
Precisely. People are struggling to internalize how much wealth inequality (both local and global) has shot up in recent years, and instead blame the symptoms of this inequality as if they're the cause. The woes Portuguese people are feeling now have been felt by the citizens of many countries before. Most of Europe considers its "first world" status as some kind of inherent property. You just need to look outside of Europe to Asia and Africa to see what's going to happen.

jvidalv 4y ago

Airbnb should be regulated to the ground. On the other hand construction regulations should be removed and government intervention lowered down so the market can fill the gaps by building like crazy.

petre 4y ago
Lisbon is already too chaotic to remove construction regulation. And it's an earthquake prone area. They also take fires very seriously. https://en.m.wikipedia.org/wiki/1755_Lisbon_earthquake https://en.m.wikipedia.org/wiki/1755_Lisbon_earthquake
somewhereoutth 4y ago
but not in earthquake zones of course.