Vacasa will handle all the listing and advertisement business. (And the photography for said listing.)
Anyone an AirBNB landlord?
- Thread starter Toshi
- Start date
I agree with aspects of this, but I don't love that it totally precludes both long term rentals, and the ability for an individual to have one permanent rental home through AirBnb.
Rental homes are already a thing, AirBnb or not. AirBnb commoditized the process and eased/automated the booking. The problem isn't that Steve from down the street bought a rental home so that he could hope to retire some day, in my opinion. The big problem is when an investment-backed company starts snapping up swaths of homes, and they're so price-insensitive that it murders the local housing markets.
I agree that something has to be done. Even as someone who is currently making heavy use of AirBnbs (and so is directly benefiting from people abusing the market in this way), it's not sustainable and it's horrible for people looking to buy a home.
I've always thought that you just allow people to own two homes (since this is not that uncommon and renting the currently-unoccupied house is the only way most people make it work to have a vacation home or a seasonal place), not worry too much about that, and tax the fuck out of the profits from the 3rd+. Make sure that profits from those additional houses are tiny, making these real estate empires unappetizing.
It’s the booking automation that expanded the issue of investment ownership. AirB came along and said here’s your infrastructure template. Without it, investors would have to develop and maintain their own mechanisms for marketing and booking, and most couldn’t achieve such a grand scale.
Of course. And once it's centralized, it's a lot easier to funnel everyone to one place instead of having to direct everyone to individual sites.
I'm just pointing out that the concept of owning a rental home has been around for decades and it hasn't caused a massive disruption in the market, so having homeowners be able to own one investment property seems like a reasonable thing.
this is in a small unincorporated area who's majority county is trying to acquire land to build $500k shitbox apartments because of a "housing crisis." Basically slave quarters to serve the clientele of these fuckwits.
These are definitely not 'homeowners' using a convenient service to occasionally rent out a second property.
Like a hundred of these 'superhost' barons. Fairly explicitly in contrast with Air Bnb's stated intent but they don't even hide what they're doing because they know there won't be any repercussions.
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Seattle limited STR to 3 per owner. But I supposed it would be easy to create 33 LLC's with 3 properties each to skirt the rules.
there's an app for that
there are literally services for that now, creating the next tier up evolution of this STR shit
as stated in the other thread, kill list.
it should be worth noting, its unlikely airbnb will last long enough to implement the changes they need to. it doesn't sound like they've been profitable in years.
Airbnb Is the Next Groupon (It Just Doesn’t Know It Yet)
The future is bleak for the world’s biggest broker of ghost hotels
survivingtomorrow.org
it should be worth noting, its unlikely airbnb will last long enough to implement the changes they need to. it doesn't sound like they've been profitable in years.
Airbnb Is the Next Groupon (It Just Doesn’t Know It Yet)
The future is bleak for the world’s biggest broker of ghost hotels
None of these shit aggregator "disruptor" companies have turned anything close to a profit.......not uber, not lift, not all the grocery gitter apps...... they're all just propped up by starry-eyed greedy investors
Telsa turned their first profit only when their weirdass figurehead started pumping up bitcoin
Telsa turned their first profit only when their weirdass figurehead started pumping up bitcoin
None of these shit aggregator "disruptor" companies have turned anything close to a profit.......not uber, not lift, not all the grocery gitter apps...... they're all just propped up by starry-eyed greedy investors
Telsa turned their first profit only when their weirdass figurehead started pumping up bitcoin
They love to shout about how the industries they've disrupted were fraught with inefficiencies and that there's a better way, only to prove that their way is wrong too, just a different kind of wrong.
None of these shit aggregator "disruptor" companies have turned anything close to a profit.......not uber, not lift, not all the grocery gitter apps...... they're all just propped up by starry-eyed greedy investors
Telsa turned their first profit only when their weirdass figurehead started pumping up bitcoin
bUt We CrEaTeD aN ApP
They love to shout about how the industries they've disrupted were fraught with inefficiencies and that there's a better way, only to prove that their way is wrong too, just a different kind of wrong.
kill list.
Yup, it's insane. And it's impossible to compete with, because someone with $50-100k in monthly rental income (or more) just doesn't care if they're paying 20, 30, 40% over market value for a property. It's just leverage against their current net worth.
I honestly have no idea how you handle that. The company structures that hide all of this bullshit are impossible to really parse. Put in some rules and the lawyers just add another layer of obfuscation to circumvent the new rule.
Guess you just treat all LLCs as non-personal ownership of single family homes, and tax them to death. I won't cry about it.
Seriously.
They love to shout about how the industries they've disrupted were fraught with inefficiencies and that there's a better way, only to prove that their way is wrong too, just a different kind of wrong.
Look how 'big' uber and air bnb have become in just a few years. They magically have money to lobby, sue, run huge disinformation campaigns on labor laws, but not enough to function on their core premise. It's all just investment money getting thrown into creating an environment of market favorability that sets them up as a monopoly. All to maybe, someday be a functional business. They pull a pretty signficiant fee for doing nothing more than providing a website. It's just a better looking craigslist GUI so people have a one-stop search engine, while providing almost nothing beyond that.
All these 'gig workers' can do this shit by themselves without these so-called companies. There was a short period of time in the late 00's when that was actually happening.
this will eventually converge into turning the majority of the country into one big company town ala WVA coal companies in the late 19th/early 20th century
One company town at a time!
Nevada lawmakers start study of Sisolak's 'Innovation Zones'
Nevada lawmakers are convening on Thursday to discuss whether to allow technology companies to exercise powers similar to those of local governments, if they own land and promise investment.
thisisreno.com
All your savings will be converted to script soon.
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my great grandfather was a coal miner and subsistence farmer. his farmhouse is still in my dad's family, in part because nobody can buy it (not that its worth more than the land its on, which isn't much to begin with). it didn't have indoor plumbing until around 1990 i believe.One company town a time!
Nevada lawmakers start study of Sisolak's 'Innovation Zones'
Nevada lawmakers are convening on Thursday to discuss whether to allow technology companies to exercise powers similar to those of local governments, if they own land and promise investment.
All your savings will be converted to script soon.
@Toshi ... just fyi.
www.skyhinews.com
is this anywhere close to your new place?
edit: never mind. I read Kremmling, thought Tabernash.
Black Mountain Fire burns 120 acres north of Kremmling
As of 4 p.m. Sunday, the Black Mountain Fire has burned 120 acres in the area off County Road 2 near Big Horn Park.
www.skyhinews.com
is this anywhere close to your new place?
edit: never mind. I read Kremmling, thought Tabernash.
How bad is the housing crunch in Colorado’s high country? Just look at census vacancy data.
Mountain communities report high vacancy rates. But those homes aren't empty, it's vacation homes, short-term rentals and investment buyers.
coloradosun.com
we rent out our basement in portland thru AirBnB. own entrance, locked from the rest of the house. 2 bed 1 bath, little kitchen. I feel like we're actually using it for what it's intended.
sure does help with the mortgage, but fucking cleaning that place 2-4 times a week for pisspoor cleaning fee is a PITA. fucking side hustles. The fees airbnb takes is redic. How the fuck are they not profitable.
sure does help with the mortgage, but fucking cleaning that place 2-4 times a week for pisspoor cleaning fee is a PITA. fucking side hustles. The fees airbnb takes is redic. How the fuck are they not profitable.
run by techbros.
Basically. Spend money you don’t have, repeatedly raise capital, try to push others out of the business, when you finally do, raise fees. All in the hope this leads to profitability, a buy-out or other liquidity event. All the while collecting a fat salary.
Trail riding in Winter Park yesterday and the final trail down in to the town was closed and an arrow pointed you to a logging road. Wife and I descended that and got dumped into a huge construction area for new McMansions up above town.How bad is the housing crunch in Colorado’s high country? Just look at census vacancy data.
Mountain communities report high vacancy rates. But those homes aren't empty, it's vacation homes, short-term rentals and investment buyers.
I'm sure the service workers in the area will be delighted with these new homes...