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Hotel > AirBNB
(lemmy.ml)
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this post was submitted on 08 Jul 2023
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Airbnb quickly changed in the US from "hey rent out your house when you're out of town for some spare cash" to "hey landlords here's a way to gain more share of property and rent out those pesky properties in the short term".
There are whole businesses built now for Airbnb just to take up properties and rent them on Airbnb at the highest rates possible. Then since they are looking for profit they pass the cleaning onto you.
Always trust capitalism and greedy people to ruin a good thing
My city in AZ just passed an ordinance that requires any short term rentals to have a permit, the owner must be able to respond to the property within 60 minutes, AND there must be a verified neighbor reachable 24 hours of the day and verified.
That should put a significant dent in landlord rent seeking behavior.
Amsterdam been more aggressive, you can rent a full home only 30days/year, the rest you have to live there.
But it also takes away from the original nature of AirB&B which is rent out your home while you're away or your personal second home
That's what happens when capitalism ruins something with good intentions.