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Graffiti seen in Barcelona, Catalonia
(lemmy.dbzer0.com)
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this post was submitted on 26 Aug 2025
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They banned airbnb in victoria bc last year and rent here has actually went down. From this one single change.
Reducing rent prices was the plan and to be honest, the obvious outcome when demand goes down.
You can also buy one of these tiny former airbnb studio condos for like 20k cad down if you are desperate. Good way to enter the market if that's all you can come up with. They are all sitting on the market and you can lowball.
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.
I live in Florida and we had an influx of people. Mainly due to Florida not shutting down during Covid. I traveled to Puerto Rico during that time and they were shut down. Most of the Bahamas Islands were shutdown as well.
My wife and went on our honeymoon in 2022 to Puerto Rico, and it was honestly pretty lax. We were on the west side in and around Rincon.
But the land lords told us Airbnb doesn't effect rental prices and actually let's people afford homes!
lol who said this
The people letting AirBNBs!
Okay, but who. I want the name of a specific person or organisation and a link to where they said that. Because it's such a stupid statement that I'm not going to just take someone's word that someone was dumb enough to say it or thought people would be dumb enough to believe it.