Blaze@discuss.tchncs.de to Personal Finance@lemmy.mlEnglish · 1 year agoHomes "unaffordable" in 99% of nation for average Americanwww.cbsnews.comexternal-linkmessage-square155fedilinkarrow-up1755arrow-down111cross-posted to: finance@beehaw.org
arrow-up1744arrow-down1external-linkHomes "unaffordable" in 99% of nation for average Americanwww.cbsnews.comBlaze@discuss.tchncs.de to Personal Finance@lemmy.mlEnglish · 1 year agomessage-square155fedilinkcross-posted to: finance@beehaw.org
minus-squaresaltnotsugar@lemm.eelinkfedilinkEnglisharrow-up12·1 year agoIt’s gotten out of control. I would say one in ten houses in my neighborhood are airBNBs.
minus-squareCheers@sh.itjust.workslinkfedilinkEnglisharrow-up7·1 year agoIt’s disgusting because airbnbs in my area can have 50% occupancy and do better than a long term, meaning for about 180 days of the year that housing is just artificially decreased supply. $200/night * 15 days = $3k/mo
It’s gotten out of control. I would say one in ten houses in my neighborhood are airBNBs.
It’s disgusting because airbnbs in my area can have 50% occupancy and do better than a long term, meaning for about 180 days of the year that housing is just artificially decreased supply.
$200/night * 15 days = $3k/mo