06/07/2022
Here’s some rare positive news out of the US…
Atlanta is restricting the amount of short term rentals (like AirBNB’s) permitted to operate in the city to two per person, and one of those must be your primary residence. So basically, only residents of the city are allowed to rent out.
Short term accomodations are becoming very controversial as these companies that were originally proposed as something to do on the side with your spare room and time, have now totally exploded into a predatory replication of the hotel industry. (This is also true for the food delivery and taxi services - originally proposed to shake up the industry and as something to do in your spare time for extra cash - which have now exploded into under-regulated predatory industries.)
Owners and operators are quoted in this article having a total sook about their new “job” insecurity, but the piece also quotes stats for the horribly low availability of long term rentals and the disgusting profits made from renting out short term accomodations. These people have been hoarding housing for years and holding it hostage so they can make as much money as possible, so forgive me for not being sympathetic.
Along with the total ban on parties that AirBNB has recently made, it’s great to see other cities setting examples of how to limit the negative effects of these dodgy businesses. Potentially this might start a domino effect that could seriously endanger the profits of this horrible industry.
Brisbane should follow, but unlikely under this current city council who aren’t looking out for regular people.
Do you live next to an AirBNB? Family of mine in Sydney do, and they always complain about the near weekly parties, although I suppose this should stop theoretically if the party ban is actually enforced.
About 4,000 short-term rentals could soon no longer be allowed to operate in Atlanta because of a new ordinance cracking down on who’s able to rent out their home.