Re:Airbnb’s ‘Guerrilla War’ Against Local Governments
by duxup on Wednesday March 20, 2019 @02:59PM
(#19445590)
gamblor956 covered our motivations for that rule very well, if government backed mortgages aren't an option it could be pretty hard to sell your house.
Folks can debate if government backed mortgages should be a thing, but as far as an association we decided we wanted to preserve the opportunity for folks to sell easily (well as easily as possible) by matching the government limits.
Some of the folks renting at the time were quite upset... until I explained for the 12th time to them that everyone renting on that day still could rent, and then there would be a limit... so they were actually in a good spot. Takes people a while to understand sometimes ;)
eropple kinda touches on a side concern about absentee landlords and such and that was very much on our mind as well.
I did say in another comment that we allowed some exceptions if the limit was reached. In fact we approved all exceptions that came our way as there were very few requests. We wanted folks to be able to rent if they had to move fast, family event, and couldn't sell quickly. We didn't want to put anyone in a bind.
Folks can debate if government backed mortgages should be a thing, but as far as an association we decided we wanted to preserve the opportunity for folks to sell easily (well as easily as possible) by matching the government limits.
Some of the folks renting at the time were quite upset... until I explained for the 12th time to them that everyone renting on that day still could rent, and then there would be a limit... so they were actually in a good spot. Takes people a while to understand sometimes ;)
eropple kinda touches on a side concern about absentee landlords and such and that was very much on our mind as well.
I did say in another comment that we allowed some exceptions if the limit was reached. In fact we approved all exceptions that came our way as there were very few requests. We wanted folks to be able to rent if they had to move fast, family event, and couldn't sell quickly. We didn't want to put anyone in a bind.