Recent comments in /f/vermont

VegetableBeneficial t1_jdgp7x6 wrote

AirBnB is such a scam. The fact that you have to clean it yourself while also paying massive cleaning fees. Plus, the more troubling fact that they have really killed the housing market. I’ve talked to a lot of Vermonters who say their landlords have declined to renew their leases because Airbnb is more profitable. I’m glad this is happening. I only use hotels and I hope we can finally be rid of Airbnb and VRBO

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RamaSchneider OP t1_jdgonjo wrote

I get your point, but the flip side of that argument is that the more legislators there are, the more diffuse political decision making power is and the easier it is for locals to access their state reps.

It it's just about money, then I'll agree with your assessment. But I believe it is about more then just money.

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Thetimidherd t1_jdgjp3b wrote

Personally now if I have to choose between Airbnb or a hotel, I’m going hotel every time. The fees are ridiculous with Airbnb’s, a lot of times doubling the cost for no amenities, beds that are not nearly as comfortable, and checkout instructions like “take out the trash, strip bed linens, but dirty towels in the washing machine, run the dish washer, etc.”. Where’s the value? The only time we’ll book an Airbnb is if we have to bring our dogs, then we’ll pay the extra $100 in pet fees…

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Thetimidherd t1_jdgihps wrote

I think the difference is short term rentals are typically places that would otherwise be lived in by full time residents as opposed to investment properties or vacation homes for the owners to maybe spend a few weeks a year in, if they ever visit them at all. I moved to park city where 40% of the housing stock are short term rentals. These short term rentals put an even bigger squeeze on the housing market for both renters and buyers.

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802View t1_jdg5cxr wrote

I wonder what hotel occupancy in the Burlington area is on average? I’m sure they max out on big dates like UVM/CC graduation but are most of those rooms empty most of the time? I understand hotel rooms are more efficient space-wise than apartments for short term stay, but if you’re pissed about AirBnB, couldn’t you also be pissed about the 8 hotels within a half mile of Exit 14 in South Burlington? They’re not just run by AirBnB bros, they’re million/billion dollar companies. A couple apartment buildings instead would be beneficial.

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Pctechguy2003 t1_jdg3z2x wrote

The way late stage capitalism works is basically like those comical snowballs going down a hill and getting bigger and bigger.

There is a disproportionate amount of money. And Im not talking about that person who owns part of a town and has tens of million of dollars… Im talking about the ultra rich. Look back into what people like John Rockefeller did…. He crafted the school system to prevent people from really working for themselves and instead wanted people to work for him. People like that craft an entire society into what they want so they can reap the benefits.

Its a late stage capitalism is a sad system when you look at it. We are not far from the dystopian futures they show in movies.

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therealrico t1_jdg3pnm wrote

As I a former host I was always skeptical of Airbnb impact on the city. There is no doubt it didn’t help, but I think it’s impact was far overstated. The inability to build enough housing to keep up demand has been a problem far earlier than 2012 when Airbnb really started to grow in the area. I recall seeing an old news clipping from the 80’s when Bernie was the mayor complaining about a lack of affordable housing.

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FourteenthCylon t1_jdg1pu3 wrote

Virtually none. Property taxes and upkeep guarantee that that's a losing strategy in the long term. Despite the covid-era spikes in real estate prices, house prices here aren't going up fast enough to justify buying houses and keeping them empty in the hopes of selling them for a profit later. Empty houses here are empty because their owners only live in them for two months a year, or because they're in bad condition and are more or less abandoned.

Back in 2005 people in some real estate markets like Arizona and Florida were buying houses and keeping them empty because prices were skyrocketing, they knew they could sell the house in a year for a big profit and the good times were going to last forever. Of course, once the bubble popped in 2006-2008 they all got caught by the recession and those empty houses got foreclosed on. The market conditions and easy financing that made that kind of speculation possible haven't been repeated yet.

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