this post was submitted on 01 Apr 2024
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Which was the original stated intent of AirBnB. Going out of town for a day or two? Let someone stay for a day or two while they’re in town. Your place is watched while you’re out of town, it helps pay for your hotel while you’re gone, and everyone is happy.
But in practice, people buy houses for the sole purpose of listing them on AirBnB for 30% of the mortgage payment. They don’t care if it sits vacant for 80% of the month, because the four or five days it’s in use pays for the mortgage.