HACKER Q&A
📣 rblion

How has Airbnb changed the housing market where you live? Tourism?


Just curious. I live in Maui and it's very interesting to see how the world is changing from old business models to new ones. I am glad business-as-usual is being disrupted, but I can see how some of the newer companies are sometimes just as bad or sometimes worse.


  👤 rocketpastsix Accepted Answer ✓
It has wrecked Nashville.

At first I was a huge proponent of Airbnb because I liked the ease of use and less expensive than your standard hotel. But then I moved into an apartment in downtown Nashville that was overrun with Airbnbs. Multiple nights I would call the cops to come tell the people to calm down. Im talking like 1am on a Wednesday. I know this isn't Airbnb's problem per se, its the apartment and their lack of control but these STRP running companies seem to not care and I think that does some damage to the brand.

On top of that, multiple quiet neighborhoods have been wrecked by Airbnbs/STRP using the whole house as a glorified hotel versus renting on one bedroom and living there.


👤 galfarragem
City centers and interesting spots in Portugal are now huge informal hotels. Most house owners moved and made a living from it. The rest (renters and youngsters) were kicked to the least interesting places and even there houses doubled or tripled price since AirBnB. Cheap interest makes the situation more palatable. Let's see till when.

I believe this is the norm everywhere. It's the collateral damage of travel democratization.


👤 softwaredoug
I live in a largish college town that’s also a seasonal vacation spot. Our market seems driven very recently on remote workers, retirees, and semi-retired tech money leaving major cities buying houses with mostly. cash. Not everyone does this, but enough to drive prices higher.

The few AirBNBs I know of near me are basements or homes someone lives in. I don’t think it’s a huge driver.

Really the bottom line is people want to move here and our town needs to build more housing.


👤 snicky
Downtowns of all big cities in Europe are filled with Airbnbs and that causes problems for both the neighbours (often old people) and the new buyers who are priced out. I think I wouldn't have much against people renting out their space privately, but most of these businesses aren't ran differently from hotels. They keep dozens of apartments, have their own room service, handymen and whatnot. Apparently, it turned out that clients prefer this over "unique experiences" that come down to sharing houses with hosts which btw gets old very quickly if you travel for an extended period of time. Also, a big chunk of tourists' money goes straight to Airbnb which doesn't pay taxes locally. I would actually be surprised if they pay taxes anywhere.

👤 Raed667
It has completely broken the housing market in Nice, France.

Now most rental contracts are "student contracts" basically allowing you to rent from September to June.

This means finding a year-long contract has become almost impossible for any reasonable price.