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AirBnB "investment properties", for example, are still clogging up a lot of areas that have tourist flows. Some of the residential apartment units, for example
by bsder 3y ago
AirBnB "investment properties", for example, are still clogging up a lot of areas that have tourist flows.
Some of the residential apartment units, for example, are playing pricing games with rental prices vs occupancy because they can blame it on "pricing software" right now.
An occupancy tax would neutralize those.
- balderdash 3y agoEhh, take San Francisco there are like ~6,000 Airbnb listings (let’s assume they’re all dedicated spec properties) if you put those all on the market, that’d be like be like 1.5 months of inventory, you might make a dent that month, but you’re not moving the needle…