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Really_Cool_Dad t1_jae9fao wrote

Home owners hate it bc they say it’s a nuisance but homeowners also don’t realize how much Airbnb has inflated the value of their homes. It’s a catch 22.

Personally I think units shouldn’t be allowed to be hotels. A house should only be allowed to be rented for a % amount of time a year if it’s a STR, not long term rental.

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kellytop412 t1_jaehymp wrote

Yes and no. I have a feeling i will have a very difficult time selling if buyers realized who the "neighbors" are. I intentionally didn't buy a house next to a hotel i don't know who would want to?

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Really_Cool_Dad t1_jaeies2 wrote

Right. Your individual case may be a detriment but overall airbnbs have removed a lot of supply from the market which increases demand and therefore prices.

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kellytop412 t1_jaeivxk wrote

Yes, so Airbnb increases overall prices, just not the ones in the immediate vicinity of the actual Airbnb. I get it. And overall i don't think increased property values are a good thing. It screws over everyone except property owners looking to sell....but then they have to buy....so

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Really_Cool_Dad t1_jaej8ha wrote

Well even in that example the owner still gets the benefit of higher home prices caused by Airbnb but might also dinged for being next to one. Could be a wash.

But yes I agree unaffordable housing is a real problem. Not a good thing at all.

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