Good, I hope it dies. Air BNB was kind of neat early on. I stayed in a number which were just people's houses that they lived in and they were doing air BNB while they were on vacation. I stayed in one that was some old guys house and he just lived in a trailer out back when he had folks staying for air bnb. When I asked why he did that he said it gave him something to do and he liked staying in his trailer anyway. Those days they were cheap and the experience was usually good.
These days they're clearly full time rentals usually devoid of any life or character and they're SO EXPENSIVE. I've gone back to hotels (or real bnbs when I can afford it). Death to everything air bnb has become
the dirt cheap ones that are actually just a room or bed in someone's hosue or apartment are also still around and useful last I checked. But honestly only really worth seeking out in places where all other options are really spendy. I spent a few nights in a creepily decorated bedroom in San Francisco once in the past few years and it was by far the cheapest option, and seemingly all it was doing was keeping a spare bedroom occupied in this older lady's apartment (idk what you'd call it, I think she owned it but it wasn't a standalone building). Probably the only way she could afford to stay in SF tbh. But that situation is the exception, most consumers don't seem to be willing to go for that and want a whole (fancy if possible) place to themselves, and most landleeches won't stop at renting out a spare bedroom.
Airbnb will not die from this. There was a surge in rentals after the pandemic and now rentals are equalizing again. There are too many suckers for Airbnb to go bust.
In Europe you can often get away with checking stuff out on Airbnb or Booking and then finding the contact of the owner and contacting them directly for the booking without Airbnb/Booking as the mediator and often they'll drop the price by like 20%.
Death to Airbnb and similar bullshit platforms.
some prick bought the house nextdoor to me and is currently right now having it massively overhaul renovated to be an airbnb. hope he sinks thousands into it only to find the company doesn't exist anymore. this is such a nice, cheap, middle-of-nowhere place, some of the lowest house prices in the country, i need landlords to believe this place is fucking radioactive, we're cursed, fuck off.
Some robot keeps running around my yard at hyperspeed, riding roller coasters and just cruising through the funhouse like he owns the place.
Have the regional Airbnb dynasties tried picking themselves up by their bootstraps?
Will this affect housing markets? How many airbnbs are there and are they enough to significantly damage house prices?
The thread says there’s 570k houses for sale in the US and a million AirBnB
A 10% increase in the number of sales on the market could crash the market.
my smallish community has like 700 homes for sale right now. generally, before the short term rental apps were a thing, that number fluctuated between 2200 and 1600.
there are now like 1400 short term rentals and they have squeezed the shit out of an already tightened housing market. typical landlords have been bleeding this place for decades, but the STRs are having a feeding frenzy.
housing prices / rents were climbing up 3-4 years ago, but in the last 18 months they have fucking exploded. there is open discussion of it being a "housing crisis" by the city council/mayor, residents are pushing for either an outright ban on STRs or a strict limit involving monitoring of community complaints. a lot of the STR tourists are bachelor party douchebags and frat reunions and rich asshole bazingas, so there's a pretty serious coalition of people that want to do something about housing in general and people who just hate the tourists shitting up our neighborhoods and throwing drunken ragers that last until 4am on a week night.
I don't think they'll ban, but it would be hilarious if they did and/or a collapsed happened and all those houses went up for sale or long term rent immediately, driving down rents and home prices. working people in this town could use a break.
