and airbnb really doesnt care about this or they would take further steps to ensure that their rentors have the authority to rent the place. they say they do, but they don't. without renters i think airbnb would be in trouble..how many homeowners really want strangers coming in and out of their home regularly?
Don't know overall, according to Wikipedia here in Edinburgh there are apparently "several hundred" - which seems quite a lot for a city of less than half a million people. Having said that, Edinburgh does get quite a few visitors (~1 million overseas visitors a year).
I like Airbnb, and while I think they should own up to their users real tax liability (if you're listing your place for the majority of the year, you're a hotel), I don't want to see them smote by regulations.
But that doesn't mean I'm shrugging my shoulders and saying "eh, that's what disruption looks like!" when renters in apartment buildings convert their spaces into mini-hotels. That's abusive. Fortunately, it's also unlawful, and there's a clear chain of responsibility to resolve it.
Cotenants in buildings experiencing Airbnb abuse shouldn't bother talking to Airbnb or their neighbors. They should report the conversion to their landlord, and then have a notice-and-cure drafted. In most circumstances, landlords probably cannot allow their buildings to be partially converted into hotels under the terms of their existing tenants leases.
we are talking about homeowners who own a 2nd home and in many cases, have bought it expecting to rent it out at least part of the time. they went into that purchase with the mindset of sharing with strangers. i would be very interested in using airbnb if i owned a vacation home.
In general, the people who have 2nd vacation homes buy single family houses or condominium apartments. They don't rent, because that doesn't get them ownership of anything. The 2nd home is generally a more speculative investment than anything else.
So no, they're not really pushing up the costs of rental apartments, because they're not in that market segment at all.
I have no idea if AirBnB does that to apartment rents but I do know that some formerly sleepy coastal towns became too expensive (in recent decades) for locals to buy a house due to second homes being bought there by wealthy non-residents. I have no idea how to fix such a problem but I know it is real.
I am my sister in-law both do this. It's a great way to purchase a vacation home and off-set the cost. Just make sure you financially plan for the worst and hope for the best :)
