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A comment on House Republicans to vote on bill abolishing IRS, eliminating income tax. Parent comment

Re:House Republicans to vote on bill abolishing IRS, elimina... by ashwagary on Tuesday January 10, 2023 @09:44PM (#34334448)
Hotels should be zoned for commercial activity. He's right about the AirBNB business model increasing homelessness.
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Re:House Republicans to vote on bill abolishing IRS, elimina... by taylodl on Wednesday January 11, 2023 @01:35PM (#34342462)
What has increased homelessness is communities restricting new building. The homeless have no means for buying the typical AirBNB property.
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Re:House Republicans to vote on bill abolishing IRS, elimina... by wwweston on Wednesday January 11, 2023 @01:58PM (#34342823)
Not adding supply and taking existing supply off the market both contribute to supply issues.

And I'm not sure that AirBnB avoids any particular segment of the market; it can as easily cannibalize 1bd condos as it can 4bd homes.

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Re:House Republicans to vote on bill abolishing IRS, elimina... by ashwagary on Wednesday January 11, 2023 @06:57PM (#34346915)
>The homeless have no means for buying the typical AirBNB property.

This is partially due to people buying up available housing stock to AirBNB resulting in a skewing of prices.

Many houses that would be back on the market now sit empty with no tenants for significant portions of every month thanks to that business model.

[ Parent | on HN ]