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If there are successful airbnbs being run then perhaps the valuation has gone up. I get it but thats the risk you run when buying into any kind of condo/apartm

• mschuster91 2y ago
  When you are in a condo community, you can campaign for votes and get stuff changed. But I was talking about being a neighbor to a condo. In this case you're severely fucked and have no recourse, no way of changing things, because you're not an owner of a condo unit. Besides, there is no such thing as a successful AirBnB, except for places that explicitly advertise themselves as a "high end boarding house" for business consultants and the likes - but that's seriously stretching the definition of what AirBnB was meant to be.
  • infecto 2y ago
    Ahh, the better example, two houses and one of the houses is being used as an Airbnb...it can definitely be a real problem in that case too. The best example to me is Palm Springs where they put in place some very strict rules, the latest being a maximum for short-term rentals (20% I think). Its the way to solve it in my opinion. Don't make up definitions. I don't like the Airbnb model but there are definitely properties that one could classify as successful businesses all through an Airbnb / vrbo model. You might be confusing what Airbnb used to be in the early 2010s. That ship sailed a long time ago.