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shortage

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marco rabadan
marco rabadan
Mexico

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shortageOnline version

shortage

by marco rabadan
1

dire choice Although ago suit value no frills shortage followed lies ban

Housing shortage ? Blame Airbnb !

Should housing actually be blamed on Airbnb ? The vacation home - sharing company Airbnb has ? according to some people ? become a victim of its own success . the company started the online business only a few years , its popularity has spread rapidly . A combination of good for money , easy booking , and relatively little bad publicity or poor experiences , has resulted in an explosion of properties being made available all over the world . Like many great ideas , Airbnb came at just the right time . More people than ever like to travel independently of traditional travel companies . On top of this , air travel is much cheaper than ever before thanks to the low - cost , - airlines like Ryan Air and Easy Jet . Regular weekend breaks have become a way of life for many people , and the flexibility of an apartment or just a room in someone's home is very attractive . With this increased demand , has of course come the realization from property owners that there is money to be made . A new breed has been born : the Airbnb landlord . And here the problem .

Initially , as you would expect , opposition to this new competitor came from the hotel industry . " Unfair ! " they cried . " They're unregulated , there's no protection for consumers ! " All of which was true and some cities did indeed Airbnb from operating . Others saw that the business was ? by and large ? being very effectively controlled from within by users . After all , there is plenty of , so why choose something with bad reviews or photos ? Now , a new cry is sweeping through cities : Airbnb is forcing up prices and young people can no longer afford to place a foot ( or a hand ) on the first rung of the property ladder ! Is there any truth in this or is this just another excuse from local city councils that do nothing to build affordable housing for young people ? Let's have a look at the arguments .

" Restrictions must be placed on Airbnb , " say its critics . These curbs range from an outright ban to some form of control on numbers . A shortage of supply is said to have driven up prices of both rental and sales . Amsterdam was one of the first cities to react back in 2014 when it set a restriction of only 60 days per year on home - sharing . " This policy ? it is said ? was intended to keep areas safe and hotels in business . " Other places like Iceland and Berlin have . In the U . S . meanwhile , the relationship between cities and home - sharing companies is more difficult with New York banning short - term listings .

However , Amsterdam's subsequent investigations into whether home - sharing companies like Airbnb are responsible for driving up rents and prices or not has proved inconclusive . A spokesman has said that there are far too many factors at work to draw this conclusion . Instead , they say that they are focusing on protecting the city against illegal hotel owners pretending to be home sharers so as to avoid regulations . Airbnb rightly states that issues of affordability in certain cities pre - date the start of the company . Hosts also make the point that a range of affordable accommodation is essential if tourism is to prosper .

There appear to be good arguments on both sides for and against restricting home - sharing . For young people searching for a place to live in their home city , there is no real answer to the housing shortage to put the entire blame on house - sharing companies .


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