this post was submitted on 31 Jan 2024
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I priced out an air bnb versus one of the nicer extended stay places. The ones that are larger and nicer than the apartments I have lived in.
Guess what came in at 1/3 less cost, had maid service, and a free breakfast.
I am all for banning Air BNB flat out unless the owner is living in the building. I am okay with a person buying a house and then renting out rooms or converting a basement to an apartment to lend out. It doesn't remove available housing inventory from market to sit empty most of the year.
That’s where I stand. Also helps a young person afford a home by renting a room.
I’ve been watching the Oregon coast. I’ve seen a lot of air bnb for sale. Seems like the market is dropping on them.