Banning Airbnb considered as housing crisis bites in coastal towns

Re:Banning Airbnb considered as housing crisis bites in coas... by anamax on Tuesday September 07, 2021 @11:25PM (#28452664)

And they either rent them at a high price or they lose money.

Like I wrote above, a friend of mine owns two houses. Under the proposed "no investment residences" rule, he can't, unless he leaves one of them vacant almost all of the year.

For some people, renting is the right thing. It's unclear how banning rental properties makes their life better.

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Re:Banning Airbnb considered as housing crisis bites in coas... by totony on Wednesday September 08, 2021 @11:34AM (#28458626)

Does your friend need a second property? If there was such a ban someone else could buy it that would have stayed in it/rented it anyway

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Re:Banning Airbnb considered as housing crisis bites in coas... by stouset on Wednesday September 08, 2021 @01:54PM (#28460698)

How exactly do you think somebody else could have rented that property if somebody wasn't allowed to purchase it for the purpose of renting it out?

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Re:Banning Airbnb considered as housing crisis bites in coas... by totony on Wednesday September 08, 2021 @02:23PM (#28461112)

You misread what I said. The person would have bought it instead of having to rent it from your friend

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Re:Banning Airbnb considered as housing crisis bites in coas... by anamax on Monday September 20, 2021 @03:48PM (#28598019)

Many people who rent do so because renting is better for them than buying.

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