It’s disgusting because airbnbs in my area can have 50% occupancy and do better than a long term, meaning for about 180 days of the year that housing is just artificially decreased supply.
I live in a touristy area and literally everything is getting turned into AirBnBs. It’s a huge problem because the people who actually live here have nowhere to live now
To add to that, put a limit on airBNBs and similar, you can only have one. Corporations are buying homes and small apartments for that too.
It’s gotten out of control. I would say one in ten houses in my neighborhood are airBNBs.
It’s disgusting because airbnbs in my area can have 50% occupancy and do better than a long term, meaning for about 180 days of the year that housing is just artificially decreased supply.
$200/night * 15 days = $3k/mo
I live in a touristy area and literally everything is getting turned into AirBnBs. It’s a huge problem because the people who actually live here have nowhere to live now