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Yes and this requires additional restrictions on the property that many people flat-out cannot afford.
If they can't afford to sit on multiple empty houses due to increased AirBnB regulations, then they can always sell some of those assets back into the market. In fact, that's the point of the regulation :P
The idea of some poor landlord barely scraping things together because their 50 rental properties (and thus millions of dollars worth of assets) are less profitable is preposterous
The idea is that a non-negligible amount of renters pad their rental income with AirBnB and are not actually landlords.
Are you, by any chance, padding your income by subletting your rental home on AirBnB?
Judging by how hard they are attacking this thread (seriously like half the comments are them), I am going to say yes. I don't believe them denying it.
No. I own my own home and my mortgage costs less than average rent here, while my home has more than doubled in value, and I am sickened by that.
Because of systems like Airbnb adding to the scarcity. Do you not see that?
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You aren't running a rental business in these cases, but supplementing your income by allowing someone into your home a few times per year.
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I find it so weird that your take is "only the wealthy deserve a home, period." Like that's such a hellish thing to say.
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... that they can't afford.
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I don't think that's an ideal analogy. No-one sells meth legally.
It's more like selling people food prepared in your uninspected and potentially unsanitary kitchen, and complaining about being told to comply with the food hygiene regulations that every licensed business is required to adhere to.
It is when the decision being made negatively impacts housing availability.
Lots of people on this site are radicals in one way or another and my radicalization is zoning policy and the housing market disruption is has caused.
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No, because it turns out there is a whole spectrum of regulation that is possible, and some regulations are more oppressive than others.
Same basic principle as hair stylists in the US needing more schooling than police, by law, which is similarly insane.
Oppressive regulations such as fire safety compliance?
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Should a hair stylist require schooling and training? Yes, they put caustic chemicals on people's heads which can cause sever harm.
Should police have more training? Yes.
This isn't a good argument because the lack of police training has no bearing on the licensing and training of hair stylists.
Here's the take you are trying to get people to say, if you cannot afford to own a home without supplementing income by provided room rentals which are potentially unsafe and do not meet the bare minimum of fire code, then you cannot afford that house. It doesn't mean you don't afford a house. Just that you cannot afford THAT house. And I make no mention of "deserve housing" because all humans deserve housing.
Putting people's lives at risk to make a few extra dollars is unacceptable. You have no right to gamble with other people's lives.
Except people's lives aren't at risk because it's not like we've seen a rush of AirBnB deaths that caused this shift.
House fires and apartment fires take lives all the time. And that's for people who are living there.
It doesn't need to be specifically an Airbnb for us to ignore all the other fires that have occurred.
I find this viewpoint fascinating. Like arguing that trying to put out a burning building will hurt poor people trying to keep warm.
The housing market as a whole is the problem, one which AirBnB is exacerbating. That it locally enriches those renters able to find people willing to rent out their homes -- which I'm guessing is disproportionately going to be people without elderly family members & kids -- doesn't mean it isn't detrimental to the housing market as a whole, particularly at the lower end, and to everyone who rents.
If you can afford to run a business you can afford to run a business properly.
Not if onerous regulations designed to solve problems that don't exist are placed in your way by populist idiot laws.
Theoretically, any business could be legislated out of existence maliciously.
How is following basic fire code onerous?