@Blaze@discuss.tchncs.de to Personal Finance@lemmy.mlEnglish • 9 months agoHomes "unaffordable" in 99% of nation for average Americanwww.cbsnews.comexternal-linkmessage-square166fedilinkarrow-up1755cross-posted to: finance@beehaw.org
arrow-up1755external-linkHomes "unaffordable" in 99% of nation for average Americanwww.cbsnews.com@Blaze@discuss.tchncs.de to Personal Finance@lemmy.mlEnglish • 9 months agomessage-square166fedilinkcross-posted to: finance@beehaw.org
minus-square@saltnotsugar@lemm.eelinkfedilinkEnglish12•9 months agoIt’s gotten out of control. I would say one in ten houses in my neighborhood are airBNBs.
minus-square@Cheers@sh.itjust.workscakelinkfedilinkEnglish7•9 months agoIt’s disgusting because airbnbs in my area can have 50% occupancy and do better than a long term, meaning for about 180 days of the year that housing is just artificially decreased supply. $200/night * 15 days = $3k/mo
It’s gotten out of control. I would say one in ten houses in my neighborhood are airBNBs.
It’s disgusting because airbnbs in my area can have 50% occupancy and do better than a long term, meaning for about 180 days of the year that housing is just artificially decreased supply.
$200/night * 15 days = $3k/mo