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[–] 226 points 1 year ago (27 children)

They banned airbnb in victoria bc last year and rent here has actually went down. From this one single change.

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  • [–] 64 points 1 year ago (6 children)

    Reducing rent prices was the plan and to be honest, the obvious outcome when demand goes down.

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  • [–] 32 points 1 year ago (7 children)

    I live in a small CA mountain town that was "the only town open" during COVID, and as such, Airbnb went apeshit. Well the market got oversaturated and now with people trying to offload these properties or rent them out to long term residents , and shocker, rents are coming down (along with home prices). We still have yoyos trying to get $4k/mo for a 2/1 piece of shit because I'm guessing they're upside down on their mortgage, but those properties have been sitting on the market for at least 6mos. I have zero empathy for the people that bought high and losing their asses because they wanted to make it rich at the expense of our local population.

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    [–] 115 points 1 year ago (13 children)

    From what I heard from my brother, he lives in Barcelona, they are banning bnbs and short term rentals. In order to combat this problem.

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  • [–] 39 points 1 year ago (11 children)

    For more details: https://www.euronews.com/travel/2024/07/22/the-end-of-airbnb-in-barcelona-what-does-the-tourism-industry-have-to-say

    I live here (!barcelona@piefed.social), the mayor who announced the decision made it so that it would applied after the end of his tenure (that will end in 2027, the decision is supposed to happen in 2028)

    The other issue is that even besides tourism, Barcelona is a very attractive city for Spanish people due to the work opportunities, and there is definitely a lack of supply for the housing market. Getting back the Airbnb would help with the mass tourism (which is an issue of its own), but the housing crisis might still be there for a while.

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    [–] 46 points 1 year ago (19 children)

    Funny how if you remove all landlords no one loses their home.

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    [–] 46 points 1 year ago (17 children)

    An important population we need to increase is ethical landlords.

    And by ethical, I mean former.

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    [–] 35 points 1 year ago (56 children)

    Air bnbs are a cancer. You should be ashamed of yourself if your buying property then renting it out. With what they charge they are able to pay tge mortgage in 3 nights

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    [–] 31 points 1 year ago (4 children)

    Airbnb used to be great.. I could rent out a spare room and make a bit of cash. Then the developers, and the people who weren't responsible enough to be landlords had to make houses that were all AirBnb.

    Why don't these places vet Airbnbs instead of straight banning it. Owner occupied dwellings should get a pass.

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  • [–] 23 points 1 year ago (1 child)

    I think it can be generally said that the US and their success stories are a force for the bad in the world.

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  • [–] 19 points 1 year ago

    All the high profile multi-billion dollar tech companies to arise in the last 15-20 years have been some form or other of using technology to skirt existing regulations and to move the risk and expense onto others.

    PayPal, Uber, Airbnb, DoorDash, you name it, their "innovations" weren't any kind of innovation in technology, they were innovations in creative ways to make something 5% more convenient at the expense of making it 500% worse all round for everyone.

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  • [–] 22 points 1 year ago (4 children)

    Spain is cracking down on this according to a local when I was there recently.

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    [–] 16 points 1 year ago (1 child)

    I know at least one city in France taking measures to severely limit Airbnb, because it's becoming a ghost town and people who actually work there can't find anywhere to live. The housing situation in the area is terrible.

    Good for them. I already can't stand "professional" landlords that get into the business of shitting over places people need to live to maximise profit. Those who are taking over those spaces to turn them into fake hotels without the constraints are the lowest of that scum.

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    [–] 15 points 1 year ago*

    Weird way of asking for 5 stars, but ok. ^/s^

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  • [–] 14 points 1 year ago (13 children)

    Build. More. Homes.

    We used to have enough, and then in the late 70s, early 80s they decided that if they didn't build enough, then they could make housing scarce and therefore more valuable. A big long-con, 40 years in the making.

    Housebuilders would make more profit per home. Homeowners would have more wealth (even if they can't access it). Inheritance taxes could take more of a bite. Landlords could charge more. Retirements could be funded entirely by buying 2-3 houses and renting them out, and then cash in later on the full value of those homes when they'd gone up by double the interest rates.

    They don't have to be amazing homes. They don't need an acre of land to sit on. They don't need three bedrooms. Kitchen, bedroom, bathroom, living room. Affordable on a quarter of a single person's minimum wage income.

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