8 ms·
You don’t seem to be considering that city leadership might not want the easy rent money, because it goes to absentee landlords and raises the market rent for p
by dcrazy 2y ago
You don’t seem to be considering that city leadership might not want the easy rent money, because it goes to absentee landlords and raises the market rent for people who actually live in their units. Tourists are not a “richer resident;” they don’t support the same subset of the local economy.
- lifestyleguru 2y agoThe plot twist is that city leadership are the absentee landlords and "people actually living there" are a problem to be pushed aside. Why sustain any "local economy" when you have free money reliably incoming and begging to be taken?
- dcrazy 2y agoA Florentine politician who owns an AirBnB is by definition not an absentee landlord.
- lifestyleguru 2y agoThere are no "local politicians" in Florence. They've been ruled by the same families for centuries.
- lormayna 2y agoFlorentine here: this is not completely true. Is true that there are a group of historical families that own lot of properties in the city center (they are mainly poors because the maintenance of those buildings is crazy expensive !) but Florence has a major and local elections won traditionally by left wings. Even the former Italian PM Renzi started his political career as Florence major.