Gregory's ServerInteresting idea!
Would you allow the situation where someone AirBnBs their _own_ house while they're away?
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10 comments
 @bob_zim @unchartedworlds @hishnash In London, people would buy a flat on a mortgage to let it out for Airbnb. The SME model for an Airbnb landlord. There was one Airbnb locally that a couple of friends used, that had one person renting a room permanently on a cheaper rent, to avoid being hit by the local legislation. They were not the flat owner, and told my friends this, but when dealing with any bureaucracy, acted as the owner's agent. Loopholes will exist and will have to be patched. @BillySmith I would say the title owner must be resident and that the title owner can not own any other property. Most of the AirBNB investment owners aim to own many properties limiting it to only being permitted to own a single one would cut things down a lot. Which was the original pitch made when Airbnb got started. Use your spare room to generate extra income. What it became afterwards is a different question, but that's always the case when VC funding demands the ridiculous ROI that VC funds have promised their investors.  Yes, some kind of ratio cap would make sense. I was thinking of people who really _do_ live there most of the time :-) @unchartedworlds @hishnash Yeah, it’s just that when proposing policy, you have to think like an evil djinn. That’s basically what billionaires are, after all: amoral, insatiable hunger for *more* (djinni are the people of the fire, after all), and entertained by tricking people. @unchartedworlds The simpler one is to ensure the tall the freehold owners only own this property. Eg you cant have short term rental on a title if any of the title owners own any other property. This would shutdown 99% of the AirBnB property investors. @bob_zim @unchartedworlds The solution for this is constrain this to people that only own a single property and do not rent any other. (gov in NZ knows were you rent and what you own) @bob_zim @unchartedworlds @hishnash In Montana, you're required to occupy your house for >50% of the year if you want to air BNB it. That prevents it from getting too out of hand (in Montana, anyway). @unchartedworlds I don't consider that AirBnB but rather house sitting (typically you do not pay to do this... you are commonly intact paid to house sit, water plants, feed pets, etc). |
@unchartedworlds @hishnash That’s potentially open to abuse. “I live there, I just travel 364 days out of the year.”
Some occupancy ratio based on the national minimum paid time off could be interesting. If federal standards say full-time workers get two weeks of PTO per year, you can rent out your house while traveling for up to two weeks per six months.