Does having an AirBNB setup make someone deserving of the guillotine or does that only apply to owners of multiple houses? What about apartments?

Please explain your reasoning as well.

  • PM_Your_Nudes_Please@lemmy.world
    link
    fedilink
    arrow-up
    0
    ·
    edit-2
    7 months ago

    AirBnB is horrible for local housing prices, because it removes long-term housing from the supply in exchange for more expensive short-term rentals. Guillotines are too nice for AirBnB owners; They should be thrown feet-first into a wood chipper.

    • BonesOfTheMoon@lemmy.world
      link
      fedilink
      arrow-up
      0
      ·
      7 months ago

      I don’t think the Airbnb we stayed at in Charleston which was just this lovely lady’s extra bedroom in her house really affected the local housing market. She doesn’t want to rent long term and have to have roommates, she likes having guests and showing them around her city, and we’re still friends several years later, so no housing is being lost, and it’s actually a good experience. A single bedroom rental isn’t a big deal to me.

      I’m middling about the other Airbnb we stayed at, it was a sort of apartment, but I don’t know who would have wanted to live there full time, the bedroom was only large enough to get a double bed in, let alone a dresser or anything, and we slept terribly, and while the kitchen and living room and bathroom were nice enough, there was no storage and a million stairs. The guy who owns it is a friend who owns the restaurant it’s above and said he never has much luck with long term renters wanting it, as it is also noisy because of the location and smells of food all the time. I think a place such as that fares better as an Airbnb too. Short term rentals should not displace housing for sure, but I’m not sure they’re all bad.

      • Cataphract@lemmy.ml
        link
        fedilink
        arrow-up
        0
        ·
        7 months ago

        They’re all bad. Full stop. You’re rationalizing with “just”. That lovely lady would’ve downsized or eventually would’ve had a full-time resident (even a friend or family), there is absolutely zero incentive while she’s able to take advantage of the situation. Is she a registered business and paying taxes like all the other short term stay? That second guy, come on, you’re really not that blind right? No one is willing to PAY what he wants for that rental. He can get that price point he wants with short term rentals.

        I hate the housing narrative because everyone plays real fucking coy when it comes to their scenario. Do we have a housing shortage crisis or not? Do we have housing for all immigrants or for refugees across the world? Is rent and housing prices sky rocketing because of demand? Like wtf, any defense is just a pity story “think about the rich people with their easy life, we might be them one day!” Every single fucker in here defending renting just wants an easy scam to get rich and hates to see their future “dream” squashed like that.

  • xmunk@sh.itjust.works
    link
    fedilink
    arrow-up
    0
    ·
    7 months ago

    Landlords aren’t inherently evil - it’s a useful job… a good landlord will make sure that units are well maintained and appliances are functional. A good landlord is also a property manager.

    Landlords get a bad name because passive income is a bullshit lie. If you’re earning “passive income” you’re stealing someone else’s income - there’s no such thing as money for nothing, if you’re getting money and doing nothing it’s because someone else isn’t being properly paid for their work.

    • Neuromancer@lemm.ee
      link
      fedilink
      arrow-up
      0
      arrow-down
      4
      ·
      7 months ago

      People have some myth of passive income. I sold all my rentals because they were taking to much time. I never turned a profit but it was good for my taxes. If you want to slum lord you can turn a profit but even I dislike those people.

      • antlion@lemmy.dbzer0.com
        link
        fedilink
        arrow-up
        0
        ·
        7 months ago

        Market rent is basically set by current home costs. Any long term owners who have 15+ year old tax base essentially get to pocket the difference due to lower property taxes. Any newer buyer who is renting can only cover costs.

        • Neuromancer@lemm.ee
          link
          fedilink
          arrow-up
          0
          arrow-down
          3
          ·
          7 months ago

          That is incorrect. I can tell you’ve never rented to people rent is set by the market. Supply and demand.

          It doesn’t matter if the house cost 800k. If the market rent is 2k a month. That’s all you’ll get.

          In the area where I had my rentals, the houses are 500k but the rent is only 1k. Now I bought in 2008 and only paid 120k. So only lost some money but I made it up in tax benefits.

          People really don’t understand the economics of landlords. They think it’s all money in the pocket. It’s not. It’s a very thin profit margin with most the benefit being taxes.