Air BNB good long term?

Discussion in 'Passport' started by Zimboo, May 9, 2017.

  1. Zimboo

    Zimboo Addicted Member

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    I think Airbnb is a great concept, but I also see the problems in big cities where long term residents/renters are now being shut out of the areas they used live in as owners go for the short term Airbnb market. As a side.......we have had 3 Airbnbs open in our steet this year (tourist town), still no crack houses as far as I can tell. Thoughts????......................apart from crack house / party management. LOL
     
    #1 Zimboo, May 9, 2017
    Last edited: May 9, 2017
  2. WaitAwhile

    WaitAwhile Dedicated Member
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    Barcelona is the latest problem for Airbnb.
    Its going through a bit of a tourism boom ,courtesy of all the issues that cities like Paris and London are facing, and the city authorities are coming down pretty hard on Airbnb for forcing up rents
     
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  3. Zimboo

    Zimboo Addicted Member

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    Tokyo............coming up to Olympics?
     
  4. ladycamper

    ladycamper Dedicated Member
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    Owners have risks if council changes local laws, and your strata plan changes what they will allow.