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by oregano
1093 days ago
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While it is frustrating to see entire houses used exclusively for short term rentals, I think them being converted to actual single family homes would only be a drop in the bucket in helping to balance the housing market.
Demand would still be absolutely insane if AirBnB did not exist. |
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A lot of them are what I think most people would call “starter houses”, relatively cheap pragmatic homes in decent areas. I would assume it has to do with people maybe upgrading houses and doing short term rentals on their first house and probably just that if you’re looking to invest in real estate they’re of course cheaper and a good fit for airbnb style short term rentals. I don’t know though I’d also assume it’s such a pain in the ass to manage that most people would rather sell and get money towards a new house.