Re:Did Airbnb kill the PM role?
by revenga99 on Monday July 10, 2023 @07:58PM
(#36674751)
not looking at actual hard cold data but it's easy for someone to come to this annedonatal conclusion. In Asheville NC my entire neighborhood is being bought up by a corporation that is doing airbnb/VRBO. Also very hard to get ahold of anyone in case of a noise complaint.
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Are you sure that the corporation is doing the buying? There are only a few of these and they are relatively small. There are some large property management firms (Vacasa, Evolve) who only work on behalf of individual property owners but appear as the owner of a property on Airbnb & Vrbo.
Re:Did Airbnb kill the PM role?
by loganfrederick on Monday July 10, 2023 @08:25PM
(#36674973)
1. When the grandparent post said "corporations", they probably mean something like the Blackstones & Blackstones of the world, who are not small and both mentioned in this article about their residential housing activity: https://slate.com/business/2021/06/blackrock-invitation-hous...
2. Having lived near Ashville, NC for two years, it's a particularly beautiful region and attractive vacation spot, so I especially believe it would attract corporate buyers looking to build an Airbnb vacation portfolio. Also not far from Atlanta, where Invitation Homes (a corporate buyer of residential housing) is active.