How about we ban companies like Blackstone from buying up all the auction homes, lightly flipping them and then putting them back on the market as overpriced rentals?
Why not both? Airbnb severely increases prices, and properties bought by corporations do the same. I’m tired of not doing anything because "what about "
People are suffering by the millions as a result of the housing crisis, and AirBnB is contributing. So fuck AirBnB, it isn’t worth the price society pays. No such corporation or service should exist.
Freaking crazy numbers. It’s been years since I’ve seen a hotel room for anywhere near $180. I dont’ use AirBnB often, but when I do it’s because they are dramatically cheaper than the hotels in the area.
…which is weird, because at first AirBnB had a huge positive influence. Often times hotels had regional monopolies and individuals owned an extra condo… Like a match made in heaven the hotels got much-needed competition and people were able to do something more flexible than timeshare with their vacation/work/whatever condo
The issue seems to be businesses that buy property to use for the exclusive purpose of AirBnB
Try having to go to NYC at a few days notice ouch… Like all I could find was $150… I just rented a uhaul and used my gym membership… Just last year I could have been in a nice room in someone’s house for $40
What about if we crowdfund a competitor to blackstone that rents out the houses at like a 20% discount to market rate and earmark a portion of rent collected each month for the tenants to have an equity stake in the property. Then more people would want to rent from us and eventually the vampires would lose interest. I wonder if something like that would be possible. Instead of legislating them out, we buy them out. But it does require a critical mass of people willing to set aside a bit of money that they don’t expect a market return on. But maybe if they thought of it more as charity.
That’s the flaw in the slaw, I guess. No matter how carefully you craft the by-laws, once it gets big enough, someone will figure out a way to hi-kack it to concentrate wealth.
How about we ban companies like Blackstone from buying up all the auction homes, lightly flipping them and then putting them back on the market as overpriced rentals?
They’re a big reason for our housing shortage.
Why not both? Airbnb severely increases prices, and properties bought by corporations do the same. I’m tired of not doing anything because "what about "
Yeah I’d like to still be able to afford a goddamn vacation.
AirBnB isn’t even really worth it from a cost perspective:
https://www.nerdwallet.com/article/travel/are-airbnbs-more-cost-effective-than-hotels
People are suffering by the millions as a result of the housing crisis, and AirBnB is contributing. So fuck AirBnB, it isn’t worth the price society pays. No such corporation or service should exist.
Freaking crazy numbers. It’s been years since I’ve seen a hotel room for anywhere near $180. I dont’ use AirBnB often, but when I do it’s because they are dramatically cheaper than the hotels in the area.
Granted, the above is more of a general trend then a hard and fast rule. The city and area you live in will greatly effect the rates for both.
At the end of the day I think it is quite clear that AirBnB is a net negative to society, and a huge one at that. So fuck em.
…which is weird, because at first AirBnB had a huge positive influence. Often times hotels had regional monopolies and individuals owned an extra condo… Like a match made in heaven the hotels got much-needed competition and people were able to do something more flexible than timeshare with their vacation/work/whatever condo
The issue seems to be businesses that buy property to use for the exclusive purpose of AirBnB
Agreed.
Ultimately, it’s just the nature of corporations to fuck us over in the end.
Try having to go to NYC at a few days notice ouch… Like all I could find was $150… I just rented a uhaul and used my gym membership… Just last year I could have been in a nice room in someone’s house for $40
Yeah. A few years ago I got a 3-bedroom apartment in Denver for something like $100/night. It was incredible.
Now…I dunno. Haven’t done AirBnB in a while
What about if we crowdfund a competitor to blackstone that rents out the houses at like a 20% discount to market rate and earmark a portion of rent collected each month for the tenants to have an equity stake in the property. Then more people would want to rent from us and eventually the vampires would lose interest. I wonder if something like that would be possible. Instead of legislating them out, we buy them out. But it does require a critical mass of people willing to set aside a bit of money that they don’t expect a market return on. But maybe if they thought of it more as charity.
Well, besides the fact that I imagine most people in the target audience would rather buy their first house than crowdfund discounted rental rates…
Do you pinky swear that once you overtake Blackstone , the 150 billion dollar company, you’ll have the same intentions?
That’s the flaw in the slaw, I guess. No matter how carefully you craft the by-laws, once it gets big enough, someone will figure out a way to hi-kack it to concentrate wealth.
You literally just described a Credit Union.
Sure we’re not thinking of a building society? https://en.m.wikipedia.org/wiki/Building_society
Damn it. Every good Idea I get, someone already thought of it.
Well let’s go then!