A shitload of new rentals have appeared in former tourist towns now that no one is booking Airbnbs
- Thread starter Syriel
- Start date
Where can I find these deals in San Francisco because I just searched Craigslist and rentals are still roughly the same price
It is happening in Barcelona too. All these landowners who kicked out long-term tenants for AirBnb and vacacional stays are now all sweating I reckon.
I feel it really difficult to feel any form of sympathy for landlords. Yes there's probably good ones, but the fact that everyone buys every new property to buy to let and these people have so much capital they can just buy the houses in one go means it makes it impossible for normal people to ever afford a house.
I can't say I'll shed a tear if people who make all their obscene money from renting at high prices suffer after all of this and are forced to sell their 50 extra houses.
Rentals have a legitimately important place in a market for younger people and people who are constantly moving for work.
If someone is renting out 1 property. I'm fine with that.
If someone owns a mansion and is renting out 200+ properties and buying them as soon as they come on the market? Yeah im not going to agree that that's a good thing. In the UK we have a huge problem because as soon as starter homes come on the market landlords are buying them all and renting them out at 3x the price the mortgage would be.
2 weeks is still pretty much within vacation period.
It should only be at least 6 months or more like in Singapore, the gold standard.
Hasn't been long enough for the price of rent to go down yet but it should in a few months.
Cool I've lived in two of those cities, rent was insane
Buying homes has a much bigger impact than AirBnB
Buying homes has a much bigger impact than AirBnB
200 people renting out 1 property each has the same impact on a housing market as 1 person renting out 200 properties. In both cases, you have 200 properties essentially being turned into hotels. So, I reckon even letting a person rent out 1 property is problematic when there's a housing shortage.
You really shouldn't. But the one lesson I'm reminded of is the how purchasing power of survivors has sometimes become stronger after a pandemic than before. That requires surviving, of course!
AirBnB is dead so they are trying to rent the properties, driving the price down in a dramatic way, mostly because it all happened at one time
What do you mean dead? If no one is renting on AirBnB, no one will rent on Craigslist either right?
People usually rent AirBnB locations when they travel, rather than staying in hotels. Now that no one is traveling the owners are being forced to offer the homes on the rent market for people who actually want to live there long-term.
Nobody is renting from Airbnb because of the shelter in place countrywide
I wonder how much whatever easing/pausing we put on mortgages will affect this trend. Since I would assume part of the reasoning for this is the people that bought these properties still having mortgages to pay, and needing someone to fill the space to help them. In other words, how many people would attempt to just ride this out if they didn't have to pay the mortgages for the property while things are bad.
Note: This doesn't mean I think we shouldn't put mortgage help in whatever stimulus gets passed. It's just a thought experiment on my part.
Note: This doesn't mean I think we shouldn't put mortgage help in whatever stimulus gets passed. It's just a thought experiment on my part.
Fuck that, I don't want to stay at hotels anymore. You can step right outside and smoke at an Airbnb
AiRBNB demand is gonna be really bad for a while post-CV even when things are getting back to normal.
That's what the assholes who run the hotels would like, isn't it
It's not even tourist towns.
www.independent.ie
Rise of 64pc in rental properties across Dublin in midst of coronavirus crisis - Daft report
THE Covid-19 crisis has led to an increase in properties for rent.
www.independent.ie
Eh, I don't know. I think in some places it would work fine. For example we just went to a small lake cabin, middle of nowhere, 30 minutes to the closest grocery store or restaurant. Not a tourist area by any means. Those places would be inaccessible without something like AirBnB/VRBO....
The host at an airbnb I was staying at in Manchester (was originally going to be there for 4 weeks) said that they'd gotten a lot of cancellations and was putting up the place to let.
On the flipside I was going to spend a few days in a secluded spot in Donegal, but it was the host that decided to cancel in that case.
On the flipside I was going to spend a few days in a secluded spot in Donegal, but it was the host that decided to cancel in that case.
No there are other smokers and many people who are understanding out there. Not everyone is an anti-smoking extremist. That just one reason I'd rather stay in an Airbnb than a hotel, though.
eh, I'm not quite all the way there with you. As people that don't have a lot of extra income, AirBNB has allowed my partner and i to visit communities we would have never been able to as well as attend a bunch of out-of-town weddings and keep costs down to a reasonable level.
I'll qualify this by saying we have always stayed in places where the owner lives on the property e.g. the AirBNB is a private in-law unit on site, private rooms in the home, etc.. We've never stayed in places that were just empty homes for rent in residential neighborhoods. That kind of stuff I agree is incredibly harmful and should be banned.
I have used Airbnb quite a lot too, so no judgement, back around 5 years ago it allowed me to do some travelling that I wouldn't have been able to otherwise (flew from London to NYC, Boston etc...) and stayed in private rooms within homes owned by the person on Airbnb.
Still, those are rooms that would probably otherwise be on the rental market for people actually living in the city.
I think, at least for cities, each person should only be able to have listings within one residence, which they can only rent out for no more than 50% of the year. It still allows people to rent out their rooms to tourists, but it really shouldn't be at the cost of someone who could otherwise live there full time. Also, people owning multiple properties for that purpose is particularly disappointing.
Whilst opening up travel is great, making cities affordable places to live for the people who live there is more important.
banning is too much, cities should regulate it. Set a limit for properties/visitors on weekdays and weekends, maybe more during special events. But for that we need decent politicians...
Yeah we make sure that the room/space we are renting is occupied by the owner and not a second (or fifth) home they're renting out. This hasn't been a problem for us because 99% of our travel so far has been to small towns and more rural locations that have very limited hotel/motel infrastructure to begin with, if any. The money saved on lodging can be used to spend locally in that community in addition to bringing extra income to that local family whose room we rent.
I definitely think regulations should clarify that you need to live on the property you're renting out, and perhaps limit the number of days in a calendar year. Dunno how that would upend the timeshare market or work for people that build summer vacation cabins that often rent them out during winter, but for cities the priority should be on providing ample, affordable space.
100% agreement
For all those crying about cheap travel, Hostels do exist. Many have private rooms as well.
Airbnb has needed to go for years. Maybe now the COL for major cities can become afford. I'd still wish it to exist in some form. i.e. families with lake houses to rent or an extra room. Maybe limit it to one listing per person.
Airbnb has needed to go for years. Maybe now the COL for major cities can become afford. I'd still wish it to exist in some form. i.e. families with lake houses to rent or an extra room. Maybe limit it to one listing per person.