Housing supply & rentals (Airbnb/VRBO)

Nobody is saying to not fix the housing laws which were rigged by the landlord class to protect their profits. But when you do, you must ALSO break the power of the landlord class such that they cannot ever repeat this pattern again

too much is being bought up for "investment returns".......that needs to stop. Perhaps expand on Jimmy&Rosalynn Carter's Habitat for Humanity here in North America. 4400 homes built Corporations can become part of it by donating funds and land - all of which can be addressed at tax time.

Even CT recently passed housing reform.

Afford to live in it. And don’t get me started on certain amenities that don’t benefit the neighborhoods as much as they advertised it to do so.

I can certainly see the value of Airbnb/VRBO etc for people renting a vacation property.

Localized impacts of Airbnb can be deep and narrow (your neighboring apt. Is a short term party rental). Impact on housing costs are pretty small.

Yup. I did a deep dive this semester for my urban economics class. It didn’t surprise me and I was pissed reading the history of the city. And then we can’t even live in these areas now because of gentrification and displacement. It’s just crazy. And them YT folks so scared of us doing something 🙄😒

If they all raise prices, they all make more money. No altruism required. So when one landlord sees another landlord raise rent by 5%, they'll immediately do the same. And thats not even getting into how landlords deliberately induce artificial scarcity as a regular business practice.

Yeah I hear ya Legal dispute: $1500++ minimum Storage unit: $400/mo Movers w truck: $200/hour Airbnb: $1200/month And that's assuming I can get my things back from the landlord locking me out, at all, and they're not destroyed or stolen Homelessness is so expensive

But the evidence only mounts. Each and every day. There are NO cities that are addressing their housing crisis without increasing their housing stock (market and public) to match demand. We must not build a selective and thoughtful amount of housing. We must build enough housing.

setting aside how stupidly banal that article is for a second: don’t most people say they’re in those houses? like yeah i’m sure that people who like the only plot relevant houses are better at being “entrepreneurs”, as opposed to the literal nothing in the filler houses. real insightful shit here.

It’s been this way for years. Landlords who rent to students know they are only in the city during the university period, and they can’t fill their flats for a couple of months, so they worked around that by locking students in for a full year.

None of it at this point is even done in good faith. It’s just a status quo protection and a reluctance for density. It’s the back stop when zoning reform happens and legalized more housing options. Building codes step in and stop them.

Yeah... I've also heard stories of celebs and other notables renting houses like that. But those are like corner cases in the American psyche.

Ironically the landlords that get the most return are the ones who own those pretty old buildings not the newer more expensive ones

Capitalism built all the houses isn't true, though, is it? There are houses built under any system of government. That's not exclusive to capitalism. It happens we're capitalist, so you can phrase it that way, but the implication that houses wouldn't have been built otherwise is not true.

It’s kind of like expecting food prices to drop when H-Mart moved into Davis. They did not. What happened instead was that buying food became incrementally more convenient for affluent people who live in Davis, and people with cost constraints continued to schlep to Market Basket.

We should really normalize the idea that the government kinda has to be the one who owns and builds almost all housing or you get shit like this

It could be mitigated if we were building homes at a scale that generated hundreds of subsidized units a year (through IZ or govt funded), but I think it’s clear there’s no appetite for that. And even at that scale I don’t think market rate units would sniff “affordable” again.

Probably because they’re no longer eligible, since unemployment benefits only last up to six months.

That's great and all but overlooks my vastly simpler proposal for fixing housing: destroy then recreate the entire global economy so you can't call me a NIMBy.

Jon, I’ll look forward to following your successes leveling rents and increasing our total housing stock. Agreed that large corporate majority ownership would be a problem — I’m always relieved, when hearing electeds make points like these, to remember how far away that is from becoming reality.

Halfway houses are putatively NFPs, utilized primarily by newly released prisoners. They were and are poorly or un-regulated by the states. Often run by former drug addicts. To claim that a loose collection of halfway houses constituted a competent master plan for deinstutionalization is ludicrous.

What would be the downfall of making it illegal to own more than 2-3 homes regardless?

People have this absurd idea that homes being owned by a company takes them out of the housing supply. Those houses are being rented!

No an individual can own a company which then is a way of avoiding income tax. Landlords and profiteering create the demand, if people didn't buy homes to rent them out then people would buy homes to live in them

Wer hohe Miete bezahlt bekommt eine Wohnung und Service Wer geringe Miete bezahlt bekommt wenig bis garkeinen Service.Irgendein Mieter zahlt sicherlich auch 50 Cent mehr. Auf keinen Fall wird eine zu teure Wohnung günstiger angeboten eher steht sie Jahre leer.16Jahre in diesem Berufsfeld gearbeitet