Topic: Are short-term rentals to blame for the lack of housing? - page 2. (Read 846 times)
The presence of many room rental applications is certainly the best way for those who want to rent out a room or house. It is natural that many people feel helped by these applications because they can choose the place they want. On the other hand, of course this is a problem for hotel owners which makes the occupancy rate become quiet.
Yep apparently so.
Airbnbs have thrown the housing system off the bus. Imagine buying a property, only for it to not be occupied 10 months of the year, that's 10 whole months that your money is not moving, and you're not letting anyone occupy the house. It's stupid and the system needs to change. This is literally the reason why Airbnbs will never replace the hotel economy. At the very least with hotels they are established enough that they don't need to worry about losing money, with Airbnbs, the same can't be said. We're undergoing a housing crisis and it's for sure going to affect these people, by the end of it they'll be selling these properties for cheap and most likely, it's not going to be granted to those who really need it. What a fucked-up world we're living in right now.
Airbnbs have thrown the housing system off the bus. Imagine buying a property, only for it to not be occupied 10 months of the year, that's 10 whole months that your money is not moving, and you're not letting anyone occupy the house. It's stupid and the system needs to change. This is literally the reason why Airbnbs will never replace the hotel economy. At the very least with hotels they are established enough that they don't need to worry about losing money, with Airbnbs, the same can't be said. We're undergoing a housing crisis and it's for sure going to affect these people, by the end of it they'll be selling these properties for cheap and most likely, it's not going to be granted to those who really need it. What a fucked-up world we're living in right now.
I understand your perspective, and it's true that the housing system can vary significantly depending on whether you're a local resident or a tourist. For tourists, the cost of lodging can be a major consideration, and it's common to find higher prices at strategic tourist destinations. Many tourists do opt for tour packages that include accommodation to streamline their expenses. Additionally, having friends or acquaintances in the rental housing sector can be a more affordable alternative. It's important to plan according to your budget and preferences when traveling.
I've been inactive for quite a while because I'm in the process of renting a house. I don't know how easy it is in other countries, but here, it's an extremely time-consuming and nerve-racking process. I spent more than a week in the streets without any success.
The problem I can say about housing in my country is that a person owns more than one house and sets the high price he wants when renting. Therefore, it becomes difficult for those with low income to find a home and social problems arise. I do not find it right for a person to own a house other than the one he lives in. This leads to inequality in society.
During the last 2 years, when inflation increased, landlords increased the rents a lot. The state could not find a solution to this. People who own houses are usually rich people. That's why they increase the rent so much even though they don't need it. They prefer their homes to remain empty rather than renting them at low or normal prices. I think the real problem is opportunistic landlords.
The problem is not Airbnb and digital nomads, the problem is the mentality of European people. You can't give me a single valid reason of why you should leave your parents basement and rent a 15sqm apartment. Just why? Why should you leave your parents? What's wrong with parents and sons and daughters living with them till they get married? I love this part of Asian mentality, they live with their parents, even after the marriage.
There is obviously nothing wrong with living with your parents if they are living in the same city where you are working and you have good relations with them as long as they are not married or in a relationship and require privacy and a separate place to live. If we talk about Asians, I don't agree with the fact that they should live with their parents even after marriage because that creates problems very often.By the way, if European people will live with their parents, then number of rented apartments will significantly decrease, that will also decrease the housing price and those who really need to rent, will find apartments quickly, easily and with an affordable price.
I don't really think that is the basic reason why rental prices are increasing and the there is a lack of rental spaces for people in need of them, it's mainly because people travel from other places and start renting and living either for the reason that they have jobs there or want to pursue further education, etc.
That's really high rent considering you get no facilities that are basic amenities these days. I think it would be bad to rent and live if that is the case in your country. I would rather buy my own house and put the money in my bank account as EMI instead of the rent. I am not sure others think about it but Rent is a waste of money. You are just giving it away to someone for using their property that you will never own in the future. All you can do is leave that house and change the location for let's say less rent. Maybe someday homeowners try to doge us because they may wanna sell the property or come and live there by themselves. Those types of challenges are always there. So instead of going nuts like that better go to bank, put up house project proposal based on salary as income. Have decent low interest rate home loan and pay the bills ontime. It will boost your credibility, top ups can be done for furnitures and much more.
In my opinion, it's doubtful that this situation is going to improve anytime soon. Touristic cities are bound to suffer from a lack of available housing for long-term rental, and Airbnb can no longer be regulated in order to create a balance between locals and tourists. What do you think can be done in such cases, and what would you do on a personal level? Move out, stick to paying an extreme amount for housing, or live in a substandard apartment hoping to find something better in the future?
I agree with you that there is not going to be many changes anytime soon. Here in Europe, we have some Mediterranean cities that are getting visitors all around the year, it just doesn't make any sense for the landlord to get long term tenants when he can rent out his apartment short term with a premium to tourist. Tourist have much more money to spend on housing and don't care about paying higher prices as long as they are close to the city centre. The location is key here, as tourist are looking for ways to save as much time as possible in getting around the city. Which leads to the only real solution for the people living in the city, moving outside of the city centre. The time tourist will save to get around, the residents have to make up by commuting more to work. Some cities try to increase the regulation and make it harder for landlords to turn their apartment into Airbnb flats, but this is not going stop the change it will only slow it down a bit.
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The problem is not Airbnb and digital nomads, the problem is the mentality of European people. You can't give me a single valid reason of why you should leave your parents basement and rent a 15sqm apartment. Just why? Why should you leave your parents? What's wrong with parents and sons and daughters living with them till they get married? I love this part of Asian mentality, they live with their parents, even after the marriage.
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In my personal opinion, I emphasize this, such a long term care of parents, leads to the development of "adult infantilism". in simple words - adult children can not become independent, and then, when they are forced to start living independently - for them it is a shock !
I am not against kinship relations, showing respect and love to parents.... But it is often behind it that children are not independent and are afraid to be responsible for their own lives....
If we look at what happens in the US, the age at which children become emancipated is even lower than in Europe, and for better or worse, it is the richest and most powerful country on earth for the last century or so. We could criticise the USA for many things that I'm not going to go into here, but it depends on what you say about Asian culture being better because they live together until they emancipate. Neither yes nor no. And in southern European countries the age of emancipation is higher. In Spain it is around 30 years old, so the problem of rising prices does not lie in the fact that they emancipate at 18, generating a need for housing.
The problem is not Airbnb and digital nomads, the problem is the mentality of European people. You can't give me a single valid reason of why you should leave your parents basement and rent a 15sqm apartment. Just why? Why should you leave your parents? What's wrong with parents and sons and daughters living with them till they get married? I love this part of Asian mentality, they live with their parents, even after the marriage.
By the way, if European people will live with their parents, then number of rented apartments will significantly decrease, that will also decrease the housing price and those who really need to rent, will find apartments quickly, easily and with an affordable price.
By the way, if European people will live with their parents, then number of rented apartments will significantly decrease, that will also decrease the housing price and those who really need to rent, will find apartments quickly, easily and with an affordable price.
In my personal opinion, I emphasize this, such a long term care of parents, leads to the development of "adult infantilism". in simple words - adult children can not become independent, and then, when they are forced to start living independently - for them it is a shock !
I am not against kinship relations, showing respect and love to parents.... But it is often behind it that children are not independent and are afraid to be responsible for their own lives....
The second problem is that such "attachment to home" limits a person's opportunities. Any young person can find a good job in another part of the city, in another city or even in another region. Attachment to parents limits such opportunities, and leaves only what is "close to home" to choose from....
Let me remind you once again - this is my personal opinion.
In most countries these days, it's like your entire salary is being consumed by the rent for your apartment. That's sad truth that many areas are suffering these days.
Can't stop the increase because these owners are also needing to adjust their rates and if there's not that much housing program in areas where you guys are located, it's not only you that does experience it.
We may not see this situation improving soon but it's not also going to be at top for most times.
I have little doubts that at some point on the future we may see another global crisis caused by real estate, since every single person needs a place to be and yet real estate prices have become increasingly high during the past decades, however I really think this is a bubble which could explode soon, as even if everyone needs a place to live, it is not as if people cannot find a way to make do without renting or buying their own property, and this could collapse the demand and the prices of real estate as well.Can't stop the increase because these owners are also needing to adjust their rates and if there's not that much housing program in areas where you guys are located, it's not only you that does experience it.
We may not see this situation improving soon but it's not also going to be at top for most times.
But it seems not and everyone is just coping to recover and that's why most of the properties are too expensive. I'm just waiting for that moment for it to explode and I am sure that time will come.
And those hoarders that have been doing that and bought those properties on a high price, won't be able to sell it higher.
If you afford it, I think the best move is to move out and live to another country where you can find easily what you're trying to find.
Living in a country where it is not affordable anymore and the housing, or even an apartment cost too much but it lacks the quality you're looking for isn't worth it in my opinion. I'd rather go somewhere else, start a new life, spend the money wisely with so much choices to have with the qualities of something that I'm looking for than to stick to a place where only monopoly happens.
Living in a country where it is not affordable anymore and the housing, or even an apartment cost too much but it lacks the quality you're looking for isn't worth it in my opinion. I'd rather go somewhere else, start a new life, spend the money wisely with so much choices to have with the qualities of something that I'm looking for than to stick to a place where only monopoly happens.
That's nature, if people are prefer to buy a house rather than rent a house, people will not use their house to rent for other people because of low demands. So this mean people are prefer to rent a house than buy a house, maybe the price is cheaper, they can move to other house or city because they don't want to stuck in house etc.
I don't think people prefer renting to owning their own home. If it were you, would you rather rent someone else's house or own your own?
Simply because most people cannot afford to buy a house for themselves, they will choose to rent a house to suit their current economic conditions. I bet you that no one will want to rent a house instead of buying a house, it's all forced by circumstances.
This problem is happen in every country, so the only solution for you is work in high monthly wage and move to developing country.
Everyone knows this, but how to get a high salary? If moving to developed countries were that easy, there would be no poor people left in this world.
Renting someone else's house means paying a certain amount of money to the landlord at the end of each month. No one wants to live in someone else's house, when there is nothing to do, they are forced to live in someone else's house. Everyone has a small dream to build a house and move from a rented house to own house. Maybe after working hard a person can build a house of his own and stay at home but the problem is for students who stay away for studying but if they want to build a house or buy a house they cannot stay at home they are forced to rent houses. But living in a rented house means paying a certain amount of money to the house owner in return for a month's stay because the house owner will stay the same and he will only get rent from the middle.
They are forced to rent someone else's house because they don't have their dream house yet and are still trying to raise money to own their own house.It's okay to rent someone else's house while we are still trying to have our own house because the price of a house is very expensive. They may find a cheap house but it is far from urban areas and there are many limitations they have to experience.
For students who migrate, they can rent a big house with friends who come from the same city. I often see this around where I live and a neighbor of mine rents his house to 5 students.
If I don't have the money to buy a house yet, maybe renting is an option and has to be adjusted to my budget.
I remember a few years ago, the local newspaper was filled with housing listings, but after the introduction of Airbnb and short-term rentals, this has changed. Not only is there a lack of housing due to the increasing demand and the constantly decreasing supply, but those that are available are too expensive and, in some cases, unsuitable to live in due to how small and improvised they are. My previous apartment was in the basement and suffered from serious humidity and mold issues.
The average rent for a one-bedroom apartment in my area is about €400, which is still far from being perfect or ideal, often lacking basic utilities such as proper heating or a solar water heater, which is a must for the 300 days a year of sunshine we have. I know that compared to other European cities, this amount of money sounds insignificant, but when the average salary is approximately €700, you can wish yourself good luck living alone. No wonder almost half of the population aged between 18 and 25 still lives with their parents.
In my opinion, it's doubtful that this situation is going to improve anytime soon. Touristic cities are bound to suffer from a lack of available housing for long-term rental, and Airbnb can no longer be regulated in order to create a balance between locals and tourists. What do you think can be done in such cases, and what would you do on a personal level? Move out, stick to paying an extreme amount for housing, or live in a substandard apartment hoping to find something better in the future?
The problem is not Airbnb and digital nomads, the problem is the mentality of European people. You can't give me a single valid reason of why you should leave your parents basement and rent a 15sqm apartment. Just why? Why should you leave your parents? What's wrong with parents and sons and daughters living with them till they get married? I love this part of Asian mentality, they live with their parents, even after the marriage.The average rent for a one-bedroom apartment in my area is about €400, which is still far from being perfect or ideal, often lacking basic utilities such as proper heating or a solar water heater, which is a must for the 300 days a year of sunshine we have. I know that compared to other European cities, this amount of money sounds insignificant, but when the average salary is approximately €700, you can wish yourself good luck living alone. No wonder almost half of the population aged between 18 and 25 still lives with their parents.
In my opinion, it's doubtful that this situation is going to improve anytime soon. Touristic cities are bound to suffer from a lack of available housing for long-term rental, and Airbnb can no longer be regulated in order to create a balance between locals and tourists. What do you think can be done in such cases, and what would you do on a personal level? Move out, stick to paying an extreme amount for housing, or live in a substandard apartment hoping to find something better in the future?
By the way, if European people will live with their parents, then number of rented apartments will significantly decrease, that will also decrease the housing price and those who really need to rent, will find apartments quickly, easily and with an affordable price.
Tourist areas do have their own characteristics. I'm not sure if living with parents for a long time is a consequence of being located in a tourist zone 
.
Yes, in a tourist zone, a significant part of the rental housing is rented out to tourists for daily rent, not long-term to locals. Because it is much more profitable.
But I think the problem is solvable. You can move to another neighborhood of the city, which is not in the historical/tourist zone. It is possible to change the city of residence. You can buy an apartment outside the tourist zone, if you do not plan to rent it, but use it for your own residence.
You can move to another country with more comfortable conditions, and this is not a problem either.
In short - you just need to accept this feature of tourist zones, and just make an acceptable decision !
There's nothing OP can really do in this case. He can decide whether to move out of the city as the number of people who rent their property to make more money is increasing, or he can participate and support the tourism industry. As he also lives in that area, OP should take the positive effect of tourism and benefit from it by finding a way to make money. .Yes, in a tourist zone, a significant part of the rental housing is rented out to tourists for daily rent, not long-term to locals. Because it is much more profitable.
But I think the problem is solvable. You can move to another neighborhood of the city, which is not in the historical/tourist zone. It is possible to change the city of residence. You can buy an apartment outside the tourist zone, if you do not plan to rent it, but use it for your own residence.
You can move to another country with more comfortable conditions, and this is not a problem either.
In short - you just need to accept this feature of tourist zones, and just make an acceptable decision !
If this option is not possible, the only choice is to find another area.
However, there are so many things to consider like what if the place of his work is far from it.
Either way - there's a problem, we need to solve it. Some solutions may not be very pleasant, but.... otherwise you just have to put up with it and suffer, and that's the wrong way
In any case, to solve a problem, you have to realize it, accept it and find solutions - one or more and make a choice.
And there are a lot of options here - to use the advantages of the tourist zone, to find a new or additional job, to change the sphere of activity,.... In a word - there is always a way out, if only there is a desire to change something
In most countries these days, it's like your entire salary is being consumed by the rent for your apartment. That's sad truth that many areas are suffering these days.
Can't stop the increase because these owners are also needing to adjust their rates and if there's not that much housing program in areas where you guys are located, it's not only you that does experience it.
We may not see this situation improving soon but it's not also going to be at top for most times.
I have little doubts that at some point on the future we may see another global crisis caused by real estate, since every single person needs a place to be and yet real estate prices have become increasingly high during the past decades, however I really think this is a bubble which could explode soon, as even if everyone needs a place to live, it is not as if people cannot find a way to make do without renting or buying their own property, and this could collapse the demand and the prices of real estate as well. Can't stop the increase because these owners are also needing to adjust their rates and if there's not that much housing program in areas where you guys are located, it's not only you that does experience it.
We may not see this situation improving soon but it's not also going to be at top for most times.
Renting someone else's house means paying a certain amount of money to the landlord at the end of each month. No one wants to live in someone else's house, when there is nothing to do, they are forced to live in someone else's house. Everyone has a small dream to build a house and move from a rented house to own house. Maybe after working hard a person can build a house of his own and stay at home but the problem is for students who stay away for studying but if they want to build a house or buy a house they cannot stay at home they are forced to rent houses. But living in a rented house means paying a certain amount of money to the house owner in return for a month's stay because the house owner will stay the same and he will only get rent from the middle.
In most countries these days, it's like your entire salary is being consumed by the rent for your apartment. That's sad truth that many areas are suffering these days.
Can't stop the increase because these owners are also needing to adjust their rates and if there's not that much housing program in areas where you guys are located, it's not only you that does experience it.
We may not see this situation improving soon but it's not also going to be at top for most times.
Can't stop the increase because these owners are also needing to adjust their rates and if there's not that much housing program in areas where you guys are located, it's not only you that does experience it.
We may not see this situation improving soon but it's not also going to be at top for most times.
- If you have no other choice, you will endure living in a substandard apartment rather than having nowhere to live. But if you can afford to pay for a rental apartment, do it anyway. And what I also know is that in the country of Greece, the expenses are really expensive, as are the goods.
Because I have a friend there in Greece, he himself tells me that the expenses and fees there are expensive, so that's the only thing that can be advised to you: if you have no other choice, just try what you can do.
Because I have a friend there in Greece, he himself tells me that the expenses and fees there are expensive, so that's the only thing that can be advised to you: if you have no other choice, just try what you can do.
That's nature, if people are prefer to buy a house rather than rent a house, people will not use their house to rent for other people because of low demands. So this mean people are prefer to rent a house than buy a house, maybe the price is cheaper, they can move to other house or city because they don't want to stuck in house etc.
This problem is happen in every country, so the only solution for you is work in high monthly wage and move to developing country.
This problem is happen in every country, so the only solution for you is work in high monthly wage and move to developing country.
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