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by KozmoNau7
2789 days ago
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On a local scale, the problem is the constant in/out of short term renters. They don't care about the neighborhood, they don't care about the neighbors, they don't care about making too much noise. They'll be somewhere else in a week anyway. Meanwhile, the actual residents have to put up with constantly changing "neighbors", noise and more often than not common fixtures getting trashed and mistreated. On a larger scale, it drives up prices, because landlords would rather extract the much higher rates from short-term renters than the more reasonable rates a long-term renters would pay. This drives up rent, and forces people out of the housing market. You end up with Airbnb ghettos, in effect turning previously nice neighborhoods into de facto hotel businesses. Thus robbing residential areas of their cohesion and community. Here, a few law changes were put in place to mitigate the problem, while still slowing people to short-term rent out their dwellings while on vacation. The provider (Airbnb) has to report taxable income, and there is a limit of 70 days/year. |
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Except without any of the regulations that protect hotel/hostel guests.
> The provider (Airbnb) has to report taxable income, and there is a limit of 70 days/year.
I've experienced issues with this in Ireland, and this would help solve some of the problem. Particularly that of undergraduate students trying to find places to live during the school year, since most of those leases are 9 months anyway. The owner could then AirBnB their house over the summer.
It'd still be difficult for those who are looking for somewhere to live long-term, as owners can often make more money over just the summer than leasing out for the whole year to those people; so the properties would just stay empty the rest of the time, even if people wanted to rent them. Though who would rent knowing they'd be kicked out come summer? People want some stability; I'd hate to have to start looking for a rental again every summer, especially if I was working full time in a city, all because AirBnB.