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Message
re: Jazzfest heightens Airbnb tensions
Posted on 4/27/16 at 10:59 am to Teddy Ruxpin
Posted on 4/27/16 at 10:59 am to Teddy Ruxpin
quote:
She most likely doesn't believe in people being able to own more than one home, so good luck with this.
Hah. Fair enough.
I get people being upset about an onslaught of tourists coming and going through their neighborhood.
Buying a house is the riskiest thing any person will ever do financially, most times. Airbnb rentals would be the least of my concern.
0
Posted on 4/27/16 at 11:01 am to yoga girl
What gets me is people saying they are "priced out of a neighborhood". So they are upset that values rise? If you can't afford the rise in value there are plenty of affordable areas.
I have a lot of customers who own properties for short term rentals, and many are not the places that a person would rent for $1000 a month. These places woulf rent for $2500+ a month. People who can afford that aren't looking for cheap housing.
AirBnb isn't in the hood getting the cheap rentals.
What makes me LOL is that the same Yuppie Yankees who came down here and bought Katrina houses in cash and drove up the market, are some of the most vocal against this Air BnB stuff.
People saying we don't want New Orleans to get like San Fransico (it never will) but I would rather it move in that direction, than become Detroit or Cleveland.
I have a lot of customers who own properties for short term rentals, and many are not the places that a person would rent for $1000 a month. These places woulf rent for $2500+ a month. People who can afford that aren't looking for cheap housing.
AirBnb isn't in the hood getting the cheap rentals.
What makes me LOL is that the same Yuppie Yankees who came down here and bought Katrina houses in cash and drove up the market, are some of the most vocal against this Air BnB stuff.
People saying we don't want New Orleans to get like San Fransico (it never will) but I would rather it move in that direction, than become Detroit or Cleveland.
Posted on 4/27/16 at 11:03 am to Salmon
quote:
what if, as like Austin, they permit them as hotels and only allow a certain number of them per area
Limiting the amount allowed per blockface is one of the recommendations of the City Planning Commission.
Posted on 4/27/16 at 11:23 am to Teddy Ruxpin
quote:
She most likely doesn't believe in people being able to own more than one home, so good luck with this.
I own more than one home, so I have no objections. I have no objections to people owning rent houses.
I'm not against day rentals in vacation areas.
Posted on 4/27/16 at 11:25 am to Salmon
quote:
what if, as like Austin, they permit them as hotels and only allow a certain number of them per area
I have no problem with that. It isn't going to happen where I live (would not make economic sense) anyway so I don't know why I am all fired up about it.
Posted on 4/27/16 at 11:26 am to yoga girl
quote:
I'm not against day rentals in vacation areas.
people live in the FQ and on Magazine Street, but those are also popular vacation/tourist destinations
Posted on 4/27/16 at 11:58 am to Napoleon
quote:
What gets me is people saying they are "priced out of a neighborhood". So they are upset that values rise? If you can't afford the rise in value there are plenty of affordable areas.
i think part of the challenge is nola was a little spoiled in that you could generally live very close to downtown cheaper than a lot of cities. if you are service industry and being displaced from being able to walk to work - its a tough situation when theres not great infrastructure for public transit, etc... for instance. similarly a lot of nola's charm is having the artists and musicians intermingled in the downtown scene in ways that a lot of cities dont.
quote:
I have a lot of customers who own properties for short term rentals, and many are not the places that a person would rent for $1000 a month. These places woulf rent for $2500+ a month. People who can afford that aren't looking for cheap housing.
right and when the guy renting for 2k gets bumped into the neighborhood below and the person in that neighborhood gets bumped to the option below, that 1k house is filled by someone else.
additionally, if you go on airbnb you will see a lot are not in the 2.5k rent areas.
quote:
AirBnb isn't in the hood getting the cheap rentals.
there are a fair number of those.
quote:
What makes me LOL is that the same Yuppie Yankees who came down here and bought Katrina houses in cash and drove up the market, are some of the most vocal against this Air BnB stuff.
that houses are going all cash site unseen inside 12 hours is definitely a real thing and part of the issue. if there were more houses on the market it might soften that up but wouldnt fix the situation completely by any means.
Posted on 4/27/16 at 3:46 pm to JamalSanders
LINKI'm assuming that's sarcasm. It's well know. That opposes zero risk in residential areas. A proposed bill has already been passed that will make it legal in residential areas. The only good thing it does it make the street more aesthetically pleasing which is the absolute last thing the city of New Orleans should be focused on. The streets are what everyone is focused on.
This post was edited on 4/27/16 at 3:48 pm
Posted on 4/27/16 at 4:01 pm to Jim Rockford
quote:
I don't think I am. Hotels aren't generally located in residential neighborhoods. Disputes do occur between neighbors, but the fact that you actually know the person makes it less likely, or at least acts as somewhat of a deterrent. Some guy in town for the weekend who thinks of NOLA as an adult Disneyworld where anything goes is more likely to take a leak over the fence into his "neighbor's" yard.
I'm not reading the rest of this thread, but this is a perfectly legitimate reason to call police for help.
The tourist gets drunken disorderly and ruined vacation. Repeat offenses at the same address, and you have to naturally assume the police will eventually charge the homeowner.
Posted on 4/27/16 at 4:07 pm to NoSaint
quote:
And they need to focus their fricking attention on a completely unsatisfactory school system, crumbling infrastructure, corrupt politicians, and terrible violence.
quote:
its amazing, but you can address more than 1 issue at a time.
Wait wait wait, New Orleans can focus on more than one issue at a time, is this sarcasm? They can't even come close to fixing a SINGLE one of those important issues, not one, yet you think they can tackle multiple issues at the same time? Maybe that's true if the things they're focused on what banners to hang from the street lights downtown or what Christmas lights they need to put up. Outside of that they're freaking clueless. We have the worst infrastructure in the country, seems like an obvious thing to fix.
Posted on 4/27/16 at 4:12 pm to TitleistProV1X
saw a stat this morning about a single owner holding 22 full homes that are full time rentals (assuming he doesnt have any others listed under other names).
THAT guy is why this is a discussion.
THAT guy is why this is a discussion.
Posted on 4/27/16 at 4:24 pm to NoSaint
22 short term rentals or long term?
I know a guy who has at least 40 in the New Orleans area but I believe they're all long term. He's been buying them for decades and bought a ton after Katrina when prices plummeted and nobody wanted to buy. He also lives in New Orleans and has a team of people that keep everything up. Smart man and glad to see him being rewarded for taking a risk when nobody else was.
I know a guy who has at least 40 in the New Orleans area but I believe they're all long term. He's been buying them for decades and bought a ton after Katrina when prices plummeted and nobody wanted to buy. He also lives in New Orleans and has a team of people that keep everything up. Smart man and glad to see him being rewarded for taking a risk when nobody else was.
Posted on 4/27/16 at 4:27 pm to jmarto1
quote:Sincerely,
It's called competition. Deal with it.
Uber
Posted on 4/27/16 at 4:31 pm to NoSaint
quote:
that houses are going all cash site unseen inside 12 hours is definitely a real thing and part of the issue. if there were more houses on the market it might soften that up but wouldnt fix the situation completely by any means.
GF sold a house she inherited on Lowerline within two weeks of putting it on the market, full asking price, no haggling.
Posted on 4/27/16 at 4:37 pm to Napoleon
quote:
What gets me is people saying they are "priced out of a neighborhood". So they are upset that values rise? If you can't afford the rise in value there are plenty of affordable areas.
I have a lot of customers who own properties for short term rentals, and many are not the places that a person would rent for $1000 a month. These places woulf rent for $2500+ a month. People who can afford that aren't looking for cheap housing.
AirBnb isn't in the hood getting the cheap rentals.
This is just playing devil's advocate because I like the idea of AirBnB..
.. but I imagine it isn't just hood/poor people complaining. I was perusing NOLA real estate the other day and homes that look to be worth about $300k (for location and home itself) were $500k. Someone who can afford a $300k home is not hood or poor or trash or whatever. They're probably decently well off. I totally understand them being upset that they can afford a $300k home, but can't even afford to live in a decent home in the city.
I have no idea if this is strictly due to AirBnB, but if it was, I see the frustration on that side.
Posted on 4/27/16 at 4:58 pm to TitleistProV1X
quote:
22 short term rentals or long term?
22 homes that are airbnb rentals - so short term
Posted on 4/27/16 at 6:00 pm to LouisianaLady
New Orleans is an expensive city to rent in because people have to choose where the least amount of red dots(murders)are; not because of Airbnb
Some of the most prime Airbnb spots would be in the hood if they weren't on the hood. Close to everything
Some of the most prime Airbnb spots would be in the hood if they weren't on the hood. Close to everything
This post was edited on 4/27/16 at 6:02 pm
Posted on 4/27/16 at 6:09 pm to TitleistProV1X
quote:
I know a guy who has at least 40 in the New Orleans area but I believe they're all long term.
Does he need an appliance man? I'll pay you a finder's fee
I try to get the property managers, that's my bread and butter.
There are quite a few big owners in the AirBnB thing.
I know a news reporter with two I keep waiting for them to cover this story.
Posted on 4/27/16 at 6:37 pm to LouisianaLady
quote:
look to be worth about $300k
How are you making this determination?
Posted on 4/27/16 at 6:46 pm to LouisianaLady
quote:
homes that look to be worth about $300k (for location and home itself) were $500k
A house is only worth what another person is willing to pay for it. I do agree that prices are pretty ridiculous in NOLA.
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