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Time to solve the housing crisis...
(lemmy.world)
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this post was submitted on 31 Jan 2024
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Focusing on AirBnB is better in my opinion because of the difference between the two.
A company buying a home to rent still has to rent the property, so they aren't removing the housing supply. In contrast, a person or corporation buying a home to use as an AirBnB is removing housing from the market.
I'm 5050 on this. At least the airbnb is making money for people (generally) instead of a massive Corp. I. Reality both suck but I think I'd rather a person benefit.
In theory same person could rent out the same property to a family instead of on airbnb
I make a living cleaning short term vacation rentals. I also have no savings and cannot afford to buy a home. I'm almost 40 yrs old and never have I been in a position to consider purchasing a home. Rent is my life now :'(
Companies should not own houses. Residents of houses should own their own houses.
Nobody should own someone else's house. A roof over one's head is a basic human right. Not an extortionate investment.
The problem with companies owning hundreds of houses is that they hire property management companies to manage these houses that were built by the lowest bidders and everybody blames each other when something needs to be maintained and the maintenance never gets done and the people living in the houses suffer because they are paying their hard-earned money to these companies while their shoddily-built houses are falling apart.
remember there are real actual humans hiding behind the facade of these corporations, greedy extortionate millionaires & billionaires thriving on exponential dollars from poor people's paychecks, and this needs to be stopped.