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Airbnb is forcing up housing prices


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2014 Feb 13, 1:13am   659 views  1 comment

by tovarichpeter   ➕follow (6)   💰tip   ignore  

http://www.slate.com/articles/business/moneybox/2014/02/airbnb_gentrification_how_the_sharing_economy_drives_up_housing_prices.html

When I first began listing my one-bedroom adobe house in Marfa, Texas, on Airbnb, the service seemed like a godsend. When I took a weekend trip, I’d host tourists from Austin; their rental fees would more than cover the cost of a few tanks of gas and a nice dinner. The rewards weren’t just financial: The people who stayed in my house felt more like houseguests than clients. After a visitor left, I’d find a handwritten thank-you note on the kitchen table, leftover snacks in the fridge, and once, a charming pencil drawing of my cat scratching his ear. And...

#housing

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1   mike2   2014 Feb 17, 5:30pm  

Very, Very poorly written article. Comparing some place in Marfa Texas as an example of why renting your home or rooms out to guest or tourists is a bad idea? Then claiming it is bad for the community to do that is a croak. What about helping the struggling homeowner to make ends meet? Or saving the tourist more money which they will now have to put back into the community and buy things, eat out at a local restaurant or save it and put in the bank? Marfa Texas?Please no comparison to reality.

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