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this post was submitted on 21 Jun 2024
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It's going to hurt small time renters. I stayed in an AirBNB in 2013, it was rented out by a lovely family. It was a fantastic experience, staying in a nice neighborhood off the beaten path. We stayed for a few months, too, and we were respectful, not puking all over the place etc. A lot of locals invested in furnishing rentals for AirBNB. At least, that was the scene 9 years ago. No idea what it's like now.
I had a good time in an Airbnb years ago, too, but it's gotten more expensive over time. It's not even that much cheaper than hotels now whenever I check.
And we have to admit that while they serve tourists like us, it's costing locals their chance to get housing when landlords are buying up units and houses and saving them all to rent out on Airbnb.
I worked for a low income apartment complex that started doing AirBnB. It's already a 2-3 year waiting list to get a rent controlled low income apartment but they were taking units off the market because they could make more money renting them by the night.