Re:Airbnb host ordered to pay £100k of unlawful profits afte...
by TeMPOraL on Monday July 29, 2019 @10:16AM
(#20554810)
> Build more housing capacity. An increased supply of housing could support both long term housing and legal Airbnb rentals.
I keep hearing "build more housing", but I'm having a hard time seeing how it can help on its own, if housing is primarily bought up by people playing investment schemes, and people who want to rent it out. It wouldn't have to just outpace population growth, it would have to outpace the ability to rent flats at a profit, in order to dry out the pool of investors and let regular people have a chance at buying a place to live.
I keep hearing "build more housing", but I'm having a hard time seeing how it can help on its own, if housing is primarily bought up by people playing investment schemes, and people who want to rent it out. It wouldn't have to just outpace population growth, it would have to outpace the ability to rent flats at a profit, in order to dry out the pool of investors and let regular people have a chance at buying a place to live.