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Paradoxish posted:if everyone becomes a landlord then we've solved poverty UBI but everyone is given 1 rental property
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Jun 23, 2023 01:54
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they are building apartments in a suburb here with some units for low-income rentersquote:The building's affordable apartments will be priced at just less than $1,400 per month for a one-bedroom to $1,938 for a three-bedroom. when i had a one bedroom here in 2010 it was 900/month
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Jun 27, 2023 02:31
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actionjackson posted:they are building apartments in a suburb here with some units for low-income renters The new 1br price there is twice my existing mortgage and 57% of my new mortgage for a 2200 square foot victorian
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Jun 27, 2023 02:42
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https://www.post-gazette.com/busine...es/202306270059quote:'A recipe for disaster:' Residents oppose eight-story housing complex near Frick Park It's like the mob, every homeowner gets their hands dirty and gets involved in loving over the have-nots
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Jun 27, 2023 15:13
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actionjackson posted:they are building apartments in a suburb here with some units for low-income renters I had a 2 BR in a duplex for $1400/month just last year in uptown Minneapolis.
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Jun 27, 2023 20:02
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https://twitter.com/bonappetit/status/1672987945534455808?s=20
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Jun 27, 2023 20:41
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https://twitter.com/nickgerli1/status/1673774695693385728 Good news
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Jun 28, 2023 02:22
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The next post is the more interesting one: https://twitter.com/nickgerli1/status/1673775106793828352?s=20 There are so many Airbnbs. gently caress them all.
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Jun 28, 2023 02:27
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holy hell that graph
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Jun 28, 2023 02:28
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how am i supposed to get ahead now?
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Jun 28, 2023 02:29
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euphronius posted:holy hell that graph yeah that’s a real Holy gently caress of a graph there.
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Jun 28, 2023 02:31
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Twerk from Home posted:The next post is the more interesting one: The neighborhood I'm in is not cool in any way, about 3/4ths of a square mile, and has ~40 active airbnbs airbnb has utterly loving ruined the housing market via the most destructive force there is, individual self-interest
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Jun 28, 2023 02:43
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Twerk from Home posted:The next post is the more interesting one: Good I hope it collapses and every single Airbnb owner has to sell at a loss
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Jun 28, 2023 03:07
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spacemang_spliff posted:Good I hope it collapses and every single Airbnb owner has to sell at a loss This would actually be a positive situation for young Americans so it would never be allowed to happen.
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Jun 28, 2023 03:10
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Twerk from Home posted:The next post is the more interesting one: I'm in Austin about 2 miles away from downtown and probably 30% of the houses near me are Airbnbs. Theres a big airbnb behind me and the owners are old boomers and are constantly renting it out to groups of women all going WOOOOO or men going YEEAAAH until 2am. I think I'd be near about good if all of these fuckers lost their poo poo and sold, i don't give a gently caress about equity or my house price I hate Airbnb so much
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Jun 28, 2023 03:18
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that Sevierville graph is nuts. I guess it’s for pigeon forge/gatlinburg people?
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Jun 28, 2023 03:23
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who is renting all of these I don’t understand it
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Jun 28, 2023 03:31
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euphronius posted:who is renting all of these me
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Jun 28, 2023 03:39
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euphronius posted:who is renting all of these I lived next to two airbnbs for a few years and it sucked. It was bachelorette parties mostly, and sometimes a bachelor party. One time the guests smashed the place up so bad that there were two broken TVs on the curb after the cleaners turned and a drywall repair crew came. Every guest screamed "WOOOOOOO" after midnight. Sometimes they'd leave beer on the curb when they left, but usually it was terrible beer. I did get 3/4 case of PBR once.
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Jun 28, 2023 03:43
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if Nashville is down then you know its bad
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Jun 28, 2023 03:50
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Twerk from Home posted:The next post is the more interesting one: I checked airbnb a few days ago to see about renting something for Fourth of July and 1/2 of the listings were single rooms or guest houses. I don’t think those are all discrete saleable domiciles
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Jun 28, 2023 03:50
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euphronius posted:who is renting all of these hotels largely poo poo the bed and were lovely, expensive, and not what people wanted.
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Jun 28, 2023 03:54
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Bar Ran Dun posted:hotels largely poo poo the bed and were lovely, expensive, and not what people wanted. hotels are definitely the better option for solo travel but for groups/party weekends i totally get the airbnb draw. i just want to make it illegal
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Jun 28, 2023 04:07
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sonatinas posted:that Sevierville graph is nuts. I guess it’s for pigeon forge/gatlinburg people? My Boomer in-laws go every year when they can and use their timeshare. They have to reserve a unit like a year in advance and sometimes even then there’s no vacancies. Doesn’t surprise me in the least it’s a hotspot for airbnbs. I always liked the NC side of the mountains more, personally. Way less of a grotesque tourist trap.
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Jun 28, 2023 04:24
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sonatinas posted:that Sevierville graph is nuts. I guess it’s for pigeon forge/gatlinburg people? Yes. Sevierville, Pigeon Forge, and Gatlinburg are basically suburbs of Dollywood. I've stayed in all three to go to the Smokies (and oddly enough never went to Dollywood). It takes all of 30 minutes to drive through them all (in the off season). Gatlinburg is restaurants and a river. PF is closest to Dollywood, I think, and is arcades, country gift shops and go karts. And Sevierville is where you go when the hotels are overbooked (and to get groceries). anonumos has issued a correction as of 04:39 on Jun 28, 2023 |
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Jun 28, 2023 04:36
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i say swears online posted:hotels are definitely the better option for solo travel but for groups/party weekends i totally get the airbnb draw. i just want to make it illegal i would say hotels have too many amenities for solo travel on a budget. i just want a tiny room with a bed and a bathroom, that's it. i had an airbnb in paris like that and it was $30/night. right by the eiffel tower and everything
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Jun 28, 2023 05:13
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actionjackson posted:i would say hotels have too many amenities for solo travel on a budget. i just want a tiny room with a bed and a bathroom, that's it. i had an airbnb in paris like that and it was $30/night. right by the eiffel tower and everything ever heard of a budget hotel?
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Jun 28, 2023 05:17
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Any stats on what % of those airbnb listings are for an entire house? Those are the ones that are going to get trashed first and hardest by price pressure.
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Jun 28, 2023 06:59
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I hate hotels and airbnbs for different reasons
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Jun 28, 2023 07:40
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I stayed in an air bnb in Colorado springs recently as it was the cheapest option and we were on a work trip with a shoestring budget. It was basically a converted basement under another house which was also an air bnb rented out separately. You could hear literally every footstep from the property above. On the day before we were going to fly out some guy who was renting the property above told us he was going to have a party and then from the sounds of it proceeded to move literally every piece of furniture up there before absolutely blasting out music (the air bnb's both had no party policies but lol). We both hosed off from there to an actual hotel and got our money back from the air bnb landlord, no way could we deal with that after a brutal week and before a 16 hour flight.
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Jun 28, 2023 07:58
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fart simpson posted:ever heard of a budget hotel? No what’s that
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Jun 28, 2023 11:43
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Oww My Eye posted:We were fortunate enough to buy last year, and at every step, the mortgage guy kept trying to sell us on a variable rate mortgage. So there’s a lot of pressure on home buyers that may not be familiar with what went down in 2008. I'm a few days late to this post but I underwrote mortgage loans until summer of 2022 and the reason for pushing ARMs is more that people mostly don't want to buy at current fixed rates, and lenders are hurting for volume. It doesn't matter since you bought anyway, but a lot of loan officers have gotten used to potential buyers vanishing into thin air the moment someone shows them current fixed rate options, whereas there's a good amount of people willing to bet that they can get a cheap intro rate and refinance within five years before the adjustable rate gets jacked up. All of the US economy is a stupid inefficient casino anyway, why wouldn't the housing market be the same thing?
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Jun 28, 2023 13:46
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I would develop an anxiety disorder if I even tried to play the ARM game.
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Jun 28, 2023 13:54
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Housing prices in east tennessee have been absolutely bonkers due to people moving to the area post 2020. Also I kind of think the pandemic created a renewed interest in outdoor activity. The area is crowded with residents and tourists alike. I get real discouraged looking at houses and seeing a place that sold in 2019 for 350k being listed (and selling) for 700-800k.
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Jun 28, 2023 14:03
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Acelerion posted:Housing prices in east tennessee have been absolutely bonkers due to people moving to the area post 2020. Also I kind of think the pandemic created a renewed interest in outdoor activity. The area is crowded with residents and tourists alike. That lasted around here until the restaurants opened back up in August 2020, the hiking and biking trails emptied out overnight
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Jun 28, 2023 14:08
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Posting from an airbnb, we aren't hooting at our neighbors though
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Jun 28, 2023 14:11
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External Organs posted:Posting from an airbnb, we aren't hooting at our neighbors though Why not?
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Jun 28, 2023 14:13
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Acelerion posted:Housing prices in east tennessee have been absolutely bonkers due to people moving to the area post 2020. Also I kind of think the pandemic created a renewed interest in outdoor activity. The area is crowded with residents and tourists alike. my crypto brained cousin in law moved out there due to some crypto community that is being formed in rural east TN. I haven’t been able to get more information because dude gets easily spooked if I ask one question deeper. I went to college in Knoxville and I would have never imagined it got that expensive since Asheville is the pricier side of the NC/TN divide.
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Jun 28, 2023 14:46
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 This is located in one of the most depressed places in America, with a median household income of around $30K. The real estate investors were never going to stop at ruining the cities, they are going to find any and every stone with the slightest bit of blood to be squeezed out of. e: It's not even a flip, they're just taking grandma's house and jacking the price up.
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Jun 28, 2023 14:51
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Pittsburgh Fentanyl Cloud posted:
i hope some airbnb investor gets washed on it
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Jun 28, 2023 15:08
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