AirBNB

All right so I’m not an expert on Airbnb considering the fact that I’ve never tried it before and I admit considering the negative impact it has had on the renters markets I’m not fond of the premise. Especially when Landlords take advantage of The Ellis act so they can open up Airbnb’s to get a larger profit, while charging higher rents to long-term renters. For a person who lived in San Francisco for six months I found it to be very frustrating to try to find a Room on Craigslist to then realize it was just an Airbnb in addition to some charging $1000 a week for said room that’s $4000 a month, as if There weren’t enough reasons to be slightly against Airbnbs, Bloomberg released A study On December 10, 2015 from the Harvard business school that shows that Airbnb unfortunately enabled discrimination. Due to the lack of anonymity people with white sounding names were more likely to get approved then Black sounding names by host and in February 2017 airbnb host permanently banned after discrimination against a woman by the name of Dyne Suh and just recently Bob Marley’s granddaughter was checking out at of her Airbnb when the neighbors call the cops claiming that Black women were stealing items from the house of the host they were renting from and this wasn’t the first time it happened in 2016 A couple were caught off guard when police came to the Airbnb rental in Georgia pointing guns stating the same thing that they’re neighbor called the cops because they thought they broke in the house that same couple then started a business called noirbnb. Although airbnb isn’t directly responsible for these isolated incidents it has been a contributing factor. On the side of the hosts there’s a lot of risks involved such as the customer overstaying their welcome and turning into squatters or damaging their places and although there is some insurance involved it’s not guaranteed that you’re going to get the maximum and if you’re using your own place you have to make sure that you follow the law to the letter if not you could be on the hook for thousands of dollars like an artist in New York who lost her rent stabilized $1500 Tribeca loft and fined $185,000. Airbnb states it lists the rules for cities but it’s up to the host to make sure they’re not breaking the law And ultimately I agree. Personally I’m not going to knock something have never tried before except when I stay with family members but For me Airbnb is for occasions when you have a large group with you, Instead of getting multiple hotel rooms and skimming on privacy, you can save money and you still have privacy so If this is you or you want to host then Airbnb may be the right fit for you If not you can always go to timeshares and vacation clubs or purchase your own rental property and not rent apartments but if you don’t have that luxury then Do Airbnb for a couple months until you can afford to invest in a condo, co-op, brownstone or multiple family home so you can use as a rental property. Just make sure you inform your community that you are hosting an Airbnb especially when you’re renting out a house or condo to avoid misunderstanding.

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