I’m having to rely on Airbnb quite a bit lately because I’m traveling with my 91-yr old father on various road trips and need a 2 bedroom situation. And, cripes it’s expensive. I loved the initial concept and it worked well but now... it’s out of control! Sometimes more expensive than a motel. In the larger SF Bay Area, it’s absolutely ridiculous. I need a place to sleep for 1 night for a 6am start time that’s 2.5 hrs away. I’ve ended up booking a camping spot at $50 (!) where I’ll have to sleep in my car because there are no rooms under $200 hotel/motel/Airbnb. It’s disgusting. And then there’s the $120 cleaning fee...
Airbnb really depends on the host. With hotels, you know the quality you're getting every time. The price different isn't worth the risk anymore. Not to mention, Airbnb contributing to gentrification, rents rising, and all that shitty shit that's ruining cities.
Yes, not to mention fucking with property values all over the place. Check out insideairbnb.com to see a map of how many air BNBs are in your city. My city is absolutely fucked with them. No wonder rent and property value is out of control.
In NYC, aren't there more Airbnb listings than available rental units? I live in Toronto, and the average monthly rent for a 1 bed just passed $3000 CAD. I don't know how this doesn't destroy a local economy over time.
I'd be curious to see how often those short term rentals in high density areas get booked. With so many air bnb listings you'd think it would reach a point of it no longer being profitable. I can't imagine the bnb owners are reaching full mortgage payments with the rental income. So they must be justifying the difference with property equity? Idk man, I'm no economist but we're probably sitting on another massive housing bubble. Who's ready to hop into the time machine back to 07?
In Canada it’s absurd. A rando city in Ontario, Peterborough, the average price for a home is $800,000 CAD. I have no issue with people making some money off their property, but using real estate as a primary wealth generator is causing all sorts of problems. Just give people fucking pensions!
It does. I’m in Silicon Valley, where I grew up. It’s become a rampant, endemic situation. California has now mandated that every city/town build housing, which of course, NO one that’s not employed by tech or a law firm can afford, while the apartments and guest houses/ADUs that historically would have been offered as a long term residence are now being used as Airbnbs. The cost to the economy has been staggering.
I can not A) find anyone to help me as a caregiver for my father so I can have a day or two off and B) even if I did, couldn’t afford the $800/day cost because all the service industry folks have had to up stakes & move 3 hours away. They still work in the Valley but now have 6-7 hour commutes. The exorbitant rents & cost of living, combined with lack of reasonable housing has driven away the workers, artists, artisans. Restaurants are closing at an enormous rate bc they can’t afford to operate and/or hire anyone. So far, in my measly mileau, I know 1 dentist in a hugely thriving practice, 1 doctor (the head of Stanford Dermatology, no less) and 2 lawyers who have abandoned their posts for other states because it is so unsustainable here. You know when the professionals leave, there is no room for anyone else, either.
I’m not saying this is all due to Airbnb. Just saying it has exacerbated a tough situation.
Old library. Eyes meet. New chapter.
Silence stretches until laughter breaks it.
Invisible ink revealed grandma's last secret.
I’m having to rely on Airbnb quite a bit lately because I’m traveling with my 91-yr old father on various road trips and need a 2 bedroom situation. And, cripes it’s expensive. I loved the initial concept and it worked well but now... it’s out of control! Sometimes more expensive than a motel. In the larger SF Bay Area, it’s absolutely ridiculous. I need a place to sleep for 1 night for a 6am start time that’s 2.5 hrs away. I’ve ended up booking a camping spot at $50 (!) where I’ll have to sleep in my car because there are no rooms under $200 hotel/motel/Airbnb. It’s disgusting. And then there’s the $120 cleaning fee...
Over several days, an Airbnb rental can run you $500-700. Hotels are just cheaper at that point. And better amenities.
Air bnb used to be my go to. Now I don't even bother, I just go straight for a hotel and I don't even check what air bnb has to offer.
Airbnb really depends on the host. With hotels, you know the quality you're getting every time. The price different isn't worth the risk anymore. Not to mention, Airbnb contributing to gentrification, rents rising, and all that shitty shit that's ruining cities.
Yes, not to mention fucking with property values all over the place. Check out insideairbnb.com to see a map of how many air BNBs are in your city. My city is absolutely fucked with them. No wonder rent and property value is out of control.
In NYC, aren't there more Airbnb listings than available rental units? I live in Toronto, and the average monthly rent for a 1 bed just passed $3000 CAD. I don't know how this doesn't destroy a local economy over time.
I'd be curious to see how often those short term rentals in high density areas get booked. With so many air bnb listings you'd think it would reach a point of it no longer being profitable. I can't imagine the bnb owners are reaching full mortgage payments with the rental income. So they must be justifying the difference with property equity? Idk man, I'm no economist but we're probably sitting on another massive housing bubble. Who's ready to hop into the time machine back to 07?
In Canada it’s absurd. A rando city in Ontario, Peterborough, the average price for a home is $800,000 CAD. I have no issue with people making some money off their property, but using real estate as a primary wealth generator is causing all sorts of problems. Just give people fucking pensions!
It does. I’m in Silicon Valley, where I grew up. It’s become a rampant, endemic situation. California has now mandated that every city/town build housing, which of course, NO one that’s not employed by tech or a law firm can afford, while the apartments and guest houses/ADUs that historically would have been offered as a long term residence are now being used as Airbnbs. The cost to the economy has been staggering.
I can not A) find anyone to help me as a caregiver for my father so I can have a day or two off and B) even if I did, couldn’t afford the $800/day cost because all the service industry folks have had to up stakes & move 3 hours away. They still work in the Valley but now have 6-7 hour commutes. The exorbitant rents & cost of living, combined with lack of reasonable housing has driven away the workers, artists, artisans. Restaurants are closing at an enormous rate bc they can’t afford to operate and/or hire anyone. So far, in my measly mileau, I know 1 dentist in a hugely thriving practice, 1 doctor (the head of Stanford Dermatology, no less) and 2 lawyers who have abandoned their posts for other states because it is so unsustainable here. You know when the professionals leave, there is no room for anyone else, either.
I’m not saying this is all due to Airbnb. Just saying it has exacerbated a tough situation.
I found this so laughable I nearly spat out my morning coffee - and it’s not even 7am on a Saturday morning.
Also, my name is Louise and I also have a strong weakness for flowers; I feel a bit attacked. 😂