Maybe we can solve that housing inventory issue by killing AirBNB

But is that issue unique to tourism destinations?

Houses are still flying off the shelf north of Atlanta and the AirBNB inventory is sparse.

Granted, this bubble goes bust when recession hits and middle managers are cut.

Can’t legally kill AirBnB but I’m sure a lot of states and municipalities are going to legislate them to death in an attempt to tax them.


In Florida’s case specifically, there are laws on the book regarding commercial property and how it is taxed. The state brought in a ton of money by data mining at one point by buying a database of all commercial property listed as available in the state and cross referencing it with the tax rolls to see who was paying taxes on those properties.

Anyone not paying the commercial property tax received a bill and likely a bunch of interest and penalties as well.

I know Lafayette just voted to ban STRs in any neighborhood zoned RS1 and I believe plan to put strict permitting regulations on other locations. I'm sure lawsuits are incoming and it'll be a while before anything actually changes, lots of people who purchased properties around the Saint Streets with the intention of just STR'ing them are sweating.

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Can’t legally kill AirBnB

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Sure you can - our legislators (local, state, national) just don't know how to make or pass laws anymore.

The entire job is fund raise > get re-elected > fling shite at the "other team", so the cycle takes less effort next time around.

Nowhere in that is "serve your constituents", which is what Civics class pretends the job is.

I haven’t seen much softening in prices yet, but inventory is slowly increasing and hoses are sitting on the market longer. I’m guessing it’s a few more months before I start noticing softening in prices.

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Good luck. I will always choose to stay in a 1 BR bungalow for $60/night that also has a $130 service fee and $300 cleaning fee before I'd stay in a $85/night 3-star hotel.

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I am the exact opposite.

I have stopped even bothering looking at Airbnbs except under very specific circumstances.

I'd rather just be in a hotel with amenities and a concierge etc

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Airbnb is not doing well. Oversaturation, and now it costs more than just getting a hotel.

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It depends.

I got a vrbo cheaper in orlando than any of the shite disney hotels.

2bed 2 bath. You aint getting that at a hotel for cheap. It was also in a country club. So golf course, bar and restaurant, multiple pools.

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pretty sure New Orleans just moved to a system that limits how many short term rentals there can be on a block, there is a lottery system on who gets the permits to run a short term rental on that block, and there must be a property manager living on site...someone can correct me if I am wrong.

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There are so many workarounds on this that it’s feel good legislation to appease the uneducated into thinking the problem is solved by the politicians. Reality is there is no way to shutdown AirBnBs

I’m sure it’s already happening in a lot of markets. Price softening hasn’t hit mine yet that I’ve noticed, but the writing is on the wall. Although I typically only keep up with a couple of in demand zip codes, so it may be happening in my market broadly already.