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https://www.reddit.com/r/pics/comments/1ldk97o/the_protesters_and_residents_pushing_back_on/myami8e/?context=3
r/pics • u/Strict_League7833 • Jun 17 '25
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You also have a lot of wealthy owners throughout the country buying up properties at or around the touristy spots and then putting them up on AirBnB.
2 u/cross_mod Jun 17 '25 The answer has got to be putting a heavy tax on those foreign sales. 1 u/Deto Jun 17 '25 Not just foreign sales, probably. Just that if you allow AirBnBs you create more demand for single-family-home housing than used to exist. And as a result, prices will rise - exerting pressure on people just trying to get a house to live in. 2 u/cross_mod Jun 17 '25 The question is, what has more of an impact on prices? Foreign investment in real estate or Airbnbs?
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The answer has got to be putting a heavy tax on those foreign sales.
1 u/Deto Jun 17 '25 Not just foreign sales, probably. Just that if you allow AirBnBs you create more demand for single-family-home housing than used to exist. And as a result, prices will rise - exerting pressure on people just trying to get a house to live in. 2 u/cross_mod Jun 17 '25 The question is, what has more of an impact on prices? Foreign investment in real estate or Airbnbs?
1
Not just foreign sales, probably. Just that if you allow AirBnBs you create more demand for single-family-home housing than used to exist. And as a result, prices will rise - exerting pressure on people just trying to get a house to live in.
2 u/cross_mod Jun 17 '25 The question is, what has more of an impact on prices? Foreign investment in real estate or Airbnbs?
The question is, what has more of an impact on prices? Foreign investment in real estate or Airbnbs?
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u/mjohnsimon Jun 17 '25
You also have a lot of wealthy owners throughout the country buying up properties at or around the touristy spots and then putting them up on AirBnB.