THIS. I own and live in my home 75% of the year. The rest, I will use airbnb to cover the HUGE costs now associated with owning property. Airbnb was meant to be people renting out their room while they were away, or their apartment/house/etc. Instead of being standalone businesses. But as you say, greed took over and now we have housing crises everywhere. It’s the same in the city I live in with not enough affordable housing. But I don’t feel I am contributing to the problem as I live in my home most of the time and it is my permanent and long term home.
None of what you’re saying has anything to do with the additional taxes. STR exited before AirBNB. What are they doing with the transient tax money because that is supposed to help with affordable housing.
Imagine charging a $350 "cleaning fee" on top of the rental price, then also requiring your guests to clean and then screaming about being taxed on your business venture.
Between air b and b, the corporate ownership of homes, and boomers fighting to stop any be home building "in my backyard", it's kind of enough already. The ability to afford shelter for a full time working adult isn't a luxury or limited to the lucky few.
I think the tax is working as intended. Instead of folks purchasing what would have been a residential home and turning it into a rental hotel style accommodation, those homes will be harder to use as short term rentals and can then revert to long term rental or, I don’t know, a residential home again? So that people can have a place to live? Sounds like a win for the community to me.
Air bnb should only be for renting a granny flat or a side section of a house, not a whole house. Tenants can’t find any houses anymore for a reason, I saw it happen in 2 towns I lived in
Maybe if people weren't buying dozens of properties to rent out for more than a hotel when those properties could have been sold to an actual family, this law wouldnt be needed.
@@danh5637irrelevant if working people cannot afford to live in the city they are employed in. This is not an American specific issue. Locals around the world have been severely hurt by this model
@@particleinthewave8378 sure but it’s also mythological. 0.6% of American housing is used for Airbnb. The true culprit is population increases all over the west. Which are also largely going under reported. So higher demand leads to higher rents. This is the underlying problem not Airbnb.
@@Fishfood007 It's a contributing factor not the sole reason. In my area there were sub 100 houses on the market and some guy came through and bought 10 of them for BNBs that are CONSISTENTLY empty. Rather than being sold to families this dude is not taking a major loss and now 10 houses sit empty.
@@MR101722 that is a very small scope. I live near Zion national park and in my neighborhood about 1 in 5 homes are BNB. However many areas are not able to do BNB. So I still would not say that it drives the price up enough to notice. I run a BNB in my basement so it is dual use being it houses me and my family as a primary residence and runs as a business for people on vacation. If you have a shortage of homes people buying them for any use is not the problem. Building more homes is the solution…
Yeah single family homes need to be for family's not to run a mini hotel out of it. This is some of the reason why we are in housing shortages around the entire united states.
@@DaciaMassage I just spoke to a realtor last week and asked who hasn been buying up all the properties the last 4 years they said they have been getting all cash offers from investment groups.
I'm glad it's difficult. It's atrocious for communities to be inundated with commercial real estate. To rent out homes for short term, you lose those who care about the community. Homes are to be lived in not hotels.
She's no different than all those influencers that were shilling real estate during 2022, telling everyone this is the way, then back pedaling now bc buying a house with 6% interest with peak prices was not the best idea
@@jimmmyz169 Real estate is a great investment. But during the 2020 RE gold rush, you got every dog and cow becoming a realtor overnight, 1000's of youtube channels giving bad info, all doing it for clout and views. You can't be an influencer and shill Airbnb and then when things don't go ur way, sell everything and start back tracking. Go read her title "why I'm quitting airbnb" lol. Just 2 years ago, it was "why I'm buying all these properties"
@@jimmmyz169real estate is a terrible investment unless you buy outright , a mortgage is a terrible investment , you buy a million dollar house and pay double in the end 🤣
@@TheBierman19 Go clean a 4 bedroom detached home for $100 - have fun. In the past I had people leave dried on food on 10 pots and pans after being there for 2 days, every single towel and pillow and sheet dirty, and overflowing garbage (got 4 big cans) and they complained about the cleaning fee too. It took 7 hours to fix the house up without rest and perfectly timing the washer/dryer cycles.
You bought a residential property and are running as a commercial property. Hotels have inspections, handicap rules, licenses, strict regulations…. I can see why they complain about Airbnb. I wonder how many of your property managers workers are not legally operating
Long time Shelby fan here, and actually conservative on most issues, but as Californian, yes this policy is doing what it's designed to do, making airbnbs less profitable, and helping families compete in home buying vs investors looking for another rental.
Have you thought about long term regular rental. Some people travel on business and have families. And it’s saves more to rent a home than hotel accommodations. Lots of companies will rent ( under contract) from home owners because is more economical.
LOL. She way overpaid for a property in an area without a lot of demand. She and her sister have been underwater about $1,000/month from the beginning. This proposed law, that was withdrawn, had NOTHING to do with it.
Short term rentals are a small factor. This bill will help - but it won't make housing affordable. They need to incentivize building and change the zoning laws
@@ShelbyChurch Zoning out Airbnb is a great first step... Ending "home loans" to Airbnb properties would be the next best logical step. Both would incentivize profit minded businesses to get out of the residential single family home market.
Why don't state and local governments quit piddling around and require STR operators to have a hotelier's license, pay all the hotel taxes and subject them to the same health, safety, service and contract regulations as any other hotel?
How in the hell does my 3800 ft² home in a vacation Mecca dating back more than 100 years being forced to sell help create affordable housing? People rent vacation homes on Airbnb and VRBO because they are far nicer than the homes they live in. Trust me these vacation rentals are not the problem for affordable housing and selling them will make no difference at all.
Then this post isn’t about you. I don’t know why you’re acting like a victim. Nobody cares about your 3800 ft home. Unless you own multiple properties listed for short term rentals then this post ain’t for you.
But you don't understand, two people working part time at mcdonald's should be able to live there with their 6 kids and be able to save 50% of their income, too.
Airbnb needs to GO anyways. I love your content but really really dislike Airbnbs/damaging real estate hoarding, so I’m glad you’re choosing to be done with Airbnb even if it is just because of the tax
Would you like to clean that place for less than 325? Maybe she makes a slight spread but cleaning those properties is no joke when done right. Paying decent wages means charging for it. 🤷♂️
Sure there is, they're cheap tents they come with massive well lit bathrooms called the street. I left San Francisco and moved out of state, best decision I ever made
@@JeanValjean875 I live pretty far from the coast and the average house where I live is 400k. That will get you a 2 bedroom 1 bath house. I have a 2 bedroom condo and realtors offer me 300k cash all the time.
Airbnb short term rentals has gotten so bad in some areas that's it's completely preventing people from being about to find affordable housing in those areas. Places like Athens (Greece) are in a crisis because locals can no longer find places to buy or rent and are being driven out causing mass shortages in service personnel. High traffic areas have to address the problem or face skyrocketing employee shortages. That's just facts.
Airbnb was supposed to be a cheaper option than staying in a hotel but is not only more expensive, but is not safe and you have to do all the cleaning. If I go on vacation, the last thing i want to do is clean. 🙄
Y’all have got to stop repeating everything you see on the Internet, there is literally zero data that would suggest Airbnb is ruining long term rentals.
@@lafranceharrisiii34 that data is not from the internet, it’s from our county’s actual Airbnb data! This crisis has caused our local population to lose what used to be affordable housing. I’m a member of our county’s economic development committee. Know your facts.
@@lafranceharrisiii34in Miami, all of the new condos are literally being built, sold, and marketed as Airbnb co-ops. They’re building them as individual investments, not with long term rental or purchase in mind. It’s sick.
Imagine thinking Airbnb is the issue when affordable housing has been an issue for the last 20 years. If you can’t afford a house, get a better job. It’s not everyone else’s job to pay load you.
What do you think about the scandal with the hidden cameras? @ShelbyChurch should so a video on this. This has to have a negative effect on Airbnb bookings.
I’ve used AirBnB for years, but I’m looking for alternatives now that they cost just as much as hotels. For example, n Edinburgh, a two week stay costs more than $2k for a ROOM with shared bathroom, which is more than the mortgage on a house. Plus, illegal AirBNB limit long-term housing for local residents. Nah!
I'm an airbnb/vrbo owner. When I lower the nightly price of my 3 bedroom, 1 bath, kitchen, dinning room, living room, and nice front and back deck, house to the same price as a 1 room hotel....I get the bottom of society renters who are filthy, bring extra guests, sneak dogs in, and more.... you can't compare a hotel room with an airbnb house, that's like comparing a bicycle to a truck and want to pay bike prices to get the truck. See ya!
Every second person in Auckland NZ is Air BnBing their property. People also get penalised if they accept a new Air BnB Booking and then cancel after finding the new booking isn't fully registered but get penalised by Air BnB - The Air BnB owner isn't breaking the contract, its the new half registered person..
Shelby maybe you can research how many airbnbs are in Los Angeles. And see how many residences they are taking away. And I say that in a neutral way, not pro or con, we just need the facts first. Also don't forget, not every area is a prime Airbnb area. Only a few tourist spots are. So I doubt it would make a big difference for most of the country.
In America Airbnb properties represent less than 0.6% of available homes. And the number is going down and not up. The population is going up. Therefore demand for cheap housing is also going up.
@@danh5637that’s because many cities have had to implement a lot of restrictions on them. In my city, you can only run an airbnb out of your actual residence-you can’t just buy a home for the purpose of running an airbnb (they also limit how many licenses to rent out property they give out).
@@NatalieMarie917 only a few cities have applied restrictions. Not many. And when challenged in the courts the regulations will be effectively unconstitutional. Maybe in other countries they can but not USA.
@@danh5637 have you been keeping up to date with all the changes that have occurred within the past couple of years? There’s a long list of cities now (in the US) with strong restrictions.
Why would a homeowner/landlord do that for a couple thousand a month when they could make $8500 a month doing ABnB? Remember, they are looking for high profits. It is a business after all.
The more and more I’m on social media, the more I understand that there’s no point in trying anymore because they work us like slaves and everything is dummy expensive and I’ll never be able to afford a piece of land cause a 2x2 piece of land 1.5mil that’s without property tax. And explain to me why try when billionaires will now be considered upper class, millionaires middle class, and the rest of us pesents (myself included) will struggle to afford a carton of milk because rent is so expensive now n days… this game of life is dummy pointless bro🤣
How are they going to vharge home owners 10% to build affordable housing and then only allocate 2-3% towards building affordable housing? This is ridiculous.
I hate how chopping up the perks into little coupons is becoming the norm. Makes it near impossible to get decent Return On Investment for the cards. It’s such a nakedly cynical move but it clearly makes them a ton of money.
And users are quitting AB&B because you guys charge a cleaning fee and then demand we clean the place before we leave (mop floors, vacuum, wipe down kitchen, wash dishes AND strip beds and wash the sheets). Why shouldn't the local government get a slice of your greedy pie.
The government is taxing vacation rental properties very high. It's really discouraging. But those who persist will face a market with much less competition
I don't necessarily buy the "it's paying for affordable housing" argument; but it's clear that Californians generally don't want AirBNBs. Probably a mistake IMO, there's a big niche hotels don't fill (large groups & kitchens) and it's also a handy excuse to avoid talking about the insanely steep development restrictions that are the overwhelming cause of housing unaffordability in CA.
Look how much money you dumped into this place ( home purchase plus renovations )vs how long it would take to recoup those expenses. Whoever did the math for you clearly has no foresight.
Girl this is so tone deaf and out of touch. Thank god for laws like this helping families buy homes affordably instead of being outbid by wealthy investors
They could undo their terrible zoning codes so the housing supply isn't so damned constraint. But I guess first they gotta try everything else under the sun.
What are you going to do with your house? Just leverage it to keep buying more and more houses. Or consider getting a multifamily home or apartment in a more affordable state where you'll want to visit. Higher a property management company and then rent half of it to renters and be other half to those wishing to do Airbnb arbitrage.
Airbnb was supposed to be about making ends meet with the home you already have, not ravaging entire states and countries for greed.
THIS. I own and live in my home 75% of the year. The rest, I will use airbnb to cover the HUGE costs now associated with owning property. Airbnb was meant to be people renting out their room while they were away, or their apartment/house/etc. Instead of being standalone businesses. But as you say, greed took over and now we have housing crises everywhere. It’s the same in the city I live in with not enough affordable housing. But I don’t feel I am contributing to the problem as I live in my home most of the time and it is my permanent and long term home.
None of what you’re saying has anything to do with the additional taxes. STR exited before AirBNB. What are they doing with the transient tax money because that is supposed to help with affordable housing.
Imagine charging a $350 "cleaning fee" on top of the rental price, then also requiring your guests to clean and then screaming about being taxed on your business venture.
If there is a cleaning fee I refuse to clean. Make me do it. Hotels are just superior nowdays.
As an owner we never have required anyone to clean ,most do voluntarily for the good review , I guess .
Pretty blanket statement, but respect your opinion
This helps those trying to buy a home. It discourages new investors.
new investors are the worst! how do they even sleep at night?!
Between air b and b, the corporate ownership of homes, and boomers fighting to stop any be home building "in my backyard", it's kind of enough already.
The ability to afford shelter for a full time working adult isn't a luxury or limited to the lucky few.
someone needs to track the tax money because we want to see this go to where it's supposed to...
Good
It won't do anything. Watch
I think the tax is working as intended. Instead of folks purchasing what would have been a residential home and turning it into a rental hotel style accommodation, those homes will be harder to use as short term rentals and can then revert to long term rental or, I don’t know, a residential home again? So that people can have a place to live? Sounds like a win for the community to me.
Air bnb should only be for renting a granny flat or a side section of a house, not a whole house. Tenants can’t find any houses anymore for a reason, I saw it happen in 2 towns I lived in
Good. People with airbnb in most places are not considered a business and are not taxed properly.
Maybe if people weren't buying dozens of properties to rent out for more than a hotel when those properties could have been sold to an actual family, this law wouldnt be needed.
Tourism generates more tax and spending for a city than a local resident. There has to be a mix.
@@danh5637irrelevant if working people cannot afford to live in the city they are employed in. This is not an American specific issue. Locals around the world have been severely hurt by this model
@@particleinthewave8378 sure but it’s also mythological. 0.6% of American housing is used for Airbnb. The true culprit is population increases all over the west. Which are also largely going under reported. So higher demand leads to higher rents. This is the underlying problem not Airbnb.
@@Fishfood007 It's a contributing factor not the sole reason. In my area there were sub 100 houses on the market and some guy came through and bought 10 of them for BNBs that are CONSISTENTLY empty. Rather than being sold to families this dude is not taking a major loss and now 10 houses sit empty.
@@MR101722 that is a very small scope. I live near Zion national park and in my neighborhood about 1 in 5 homes are BNB. However many areas are not able to do BNB. So I still would not say that it drives the price up enough to notice. I run a BNB in my basement so it is dual use being it houses me and my family as a primary residence and runs as a business for people on vacation.
If you have a shortage of homes people buying them for any use is not the problem. Building more homes is the solution…
I wish they had this energy for huge corporations and investment firms buying up land and property and single family homes too
And foreign entities too
Yeah single family homes need to be for family's not to run a mini hotel out of it. This is some of the reason why we are in housing shortages around the entire united states.
@@sewitaliano7423 literally why are non citizens even allowed to buy land LOL
Bingo that is the problem ask any realtor Airbnbs are less then 2% of inventory and most are owners who have 2 units on 1 lot.
@@DaciaMassage I just spoke to a realtor last week and asked who hasn been buying up all the properties the last 4 years they said they have been getting all cash offers from investment groups.
I'm glad it's difficult. It's atrocious for communities to be inundated with commercial real estate. To rent out homes for short term, you lose those who care about the community. Homes are to be lived in not hotels.
She's no different than all those influencers that were shilling real estate during 2022, telling everyone this is the way, then back pedaling now bc buying a house with 6% interest with peak prices was not the best idea
Real estate was and always will be one of the best investments out there. It's not something people just started shilling like some Ponzi scheme.
@@jimmmyz169 Real estate is a great investment. But during the 2020 RE gold rush, you got every dog and cow becoming a realtor overnight, 1000's of youtube channels giving bad info, all doing it for clout and views.
You can't be an influencer and shill Airbnb and then when things don't go ur way, sell everything and start back tracking.
Go read her title "why I'm quitting airbnb" lol. Just 2 years ago, it was "why I'm buying all these properties"
@@jimmmyz169real estate is a terrible investment unless you buy outright , a mortgage is a terrible investment , you buy a million dollar house and pay double in the end 🤣
Facts, don't follow these influences lol
the all cash investors just stopped buying houses in southern California a few weeks ago
Why is your cleaning fee $350……..
So she can profit $250 for herself......
How else are landlords gonna make sure that the next generation is priced out of home ownership
@@TheBierman19 Go clean a 4 bedroom detached home for $100 - have fun. In the past I had people leave dried on food on 10 pots and pans after being there for 2 days, every single towel and pillow and sheet dirty, and overflowing garbage (got 4 big cans) and they complained about the cleaning fee too. It took 7 hours to fix the house up without rest and perfectly timing the washer/dryer cycles.
@@garrettmgunderson The 7 hours of work you mentioned are only worth $100....... That's what the people pay cleaners.......the rest is profit for them
@@TheBierman19 it would take four cleaners to do what I did that day. People who make $14/hr don’t work that hard.
You bought a residential property and are running as a commercial property. Hotels have inspections, handicap rules, licenses, strict regulations…. I can see why they complain about Airbnb. I wonder how many of your property managers workers are not legally operating
You posted this short on November 3, 2023. Today is July 12, 2024. Why is the RCR still listed on Airbnb, Shelby?
Yes I had the same question, she misleads some of the times.
Clickbait video
Canadian provinces have started to limit AirBNBs to peoples primary residence only. You can't simply buy properties to rent as AirBNBs.
What do you expect?! Your running a hotel in a residential neighborhood. It shouldn't exist but if it does, it should be taxed as such.
Exactly! I literally stopped following her right after she purchased the property. Greed
@@melodylandry2536 Yet here you are watching her video
Hotels shouldn’t be allowed to be run In Residential neighborhoods period .
@@HamburgerHelperDeathyou don’t need to follow a video for it to be recommended to you
it already is taxed as such did you watch the video
I had to sell my resort in Vermont short because of Airbnb. Don't cry for me Argentina
Long time Shelby fan here, and actually conservative on most issues, but as Californian, yes this policy is doing what it's designed to do, making airbnbs less profitable, and helping families compete in home buying vs investors looking for another rental.
Have you thought about long term regular rental. Some people travel on business and have families. And it’s saves more to rent a home than hotel accommodations. Lots of companies will rent ( under contract) from home owners because is more economical.
There needs to be a law to require displaying TOTAL costs. I'm tired of all these fees doubling the marketed price.
LOL. She way overpaid for a property in an area without a lot of demand. She and her sister have been underwater about $1,000/month from the beginning. This proposed law, that was withdrawn, had NOTHING to do with it.
Yup. Just a grossly mismanaged short term rental that was basically started mostly to create more content.
Airbnb ends affordable housing. ending Airbnb creates affordable housing. Thus, this new tax is going what it is designed to do.
Short term rentals are a small factor. This bill will help - but it won't make housing affordable. They need to incentivize building and change the zoning laws
Destroying the free market... California is so good at that
@@ShelbyChurch Zoning out Airbnb is a great first step... Ending "home loans" to Airbnb properties would be the next best logical step. Both would incentivize profit minded businesses to get out of the residential single family home market.
Keep dreaming. Housing price rises are mostly due to money printing
Affordable housing as been an issue way longer than Airbnb has been around. Do some research.
That cleaning fee alone would have me running to a hotel chain so fast.
I hope Airbnb just goes away, like Lyft and Uber just a scam by the techy creeps😀, so glad to hear it!
Airbnb saw record breaking profit 1st quarter 2024. It won't be happening soon
These rentals ruin a neighborhood.
If you run a commercial business, pay corporate tax..
Luv yer transparency Shelbz keep keeping on🎉
Why don't state and local governments quit piddling around and require STR operators to have a hotelier's license, pay all the hotel taxes and subject them to the same health, safety, service and contract regulations as any other hotel?
It never made sense to begin with. Houses are to be lived in. They are not cash opportunities. Your mistake was thinking it was the latter.
How in the hell does my 3800 ft² home in a vacation Mecca dating back more than 100 years being forced to sell help create affordable housing?
People rent vacation homes on Airbnb and VRBO because they are far nicer than the homes they live in.
Trust me these vacation rentals are not the problem for affordable housing and selling them will make no difference at all.
Then this post isn’t about you. I don’t know why you’re acting like a victim. Nobody cares about your 3800 ft home. Unless you own multiple properties listed for short term rentals then this post ain’t for you.
100% it will. Houses won't be looked at as roi scheme. Which it's not meant to be.
But you don't understand, two people working part time at mcdonald's should be able to live there with their 6 kids and be able to save 50% of their income, too.
Airbnb needs to GO anyways. I love your content but really really dislike Airbnbs/damaging real estate hoarding, so I’m glad you’re choosing to be done with Airbnb even if it is just because of the tax
In your example, don't you think it is too much to ask for a cleaning fees of $325?
It represents 14% of the 4 * night price ($2300).
Would you like to clean that place for less than 325? Maybe she makes a slight spread but cleaning those properties is no joke when done right. Paying decent wages means charging for it. 🤷♂️
We have all these taxes for affordable housing but there is no affordable housing in California
Sure there is, they're cheap tents they come with massive well lit bathrooms called the street. I left San Francisco and moved out of state, best decision I ever made
There is if you don't live on the coast.
@@JeanValjean875 I live pretty far from the coast and the average house where I live is 400k. That will get you a 2 bedroom 1 bath house. I have a 2 bedroom condo and realtors offer me 300k cash all the time.
@pedrozatravel Those honestly sound like pretty typical housing prices in the USA.
@@JeanValjean875 to be able to afford that you have to make 120K the average salary in the USA is 59K.
Airbnb short term rentals has gotten so bad in some areas that's it's completely preventing people from being about to find affordable housing in those areas. Places like Athens (Greece) are in a crisis because locals can no longer find places to buy or rent and are being driven out causing mass shortages in service personnel. High traffic areas have to address the problem or face skyrocketing employee shortages. That's just facts.
Airbnb was supposed to be a cheaper option than staying in a hotel but is not only more expensive, but is not safe and you have to do all the cleaning. If I go on vacation, the last thing i want to do is clean. 🙄
Airbnb is ruining local long term rental housing, why rent to local when you can make so much more money, thus the US housing crisis.
Y’all have got to stop repeating everything you see on the Internet, there is literally zero data that would suggest Airbnb is ruining long term rentals.
@@lafranceharrisiii34 that data is not from the internet, it’s from our county’s actual Airbnb data! This crisis has caused our local population to lose what used to be affordable housing. I’m a member of our county’s economic development committee. Know your facts.
@@lafranceharrisiii34in Miami, all of the new condos are literally being built, sold, and marketed as Airbnb co-ops. They’re building them as individual investments, not with long term rental or purchase in mind. It’s sick.
Imagine thinking Airbnb is the issue when affordable housing has been an issue for the last 20 years. If you can’t afford a house, get a better job. It’s not everyone else’s job to pay load you.
Airbnb is 0.6% of American housing stock.
It has always never made sense I think that's a right choice Shelby
What do you think about the scandal with the hidden cameras? @ShelbyChurch should so a video on this. This has to have a negative effect on Airbnb bookings.
I’ve used AirBnB for years, but I’m looking for alternatives now that they cost just as much as hotels. For example, n Edinburgh, a two week stay costs more than $2k for a ROOM with shared bathroom, which is more than the mortgage on a house. Plus, illegal AirBNB limit long-term housing for local residents. Nah!
I'm an airbnb/vrbo owner. When I lower the nightly price of my 3 bedroom, 1 bath, kitchen, dinning room, living room, and nice front and back deck, house to the same price as a 1 room hotel....I get the bottom of society renters who are filthy, bring extra guests, sneak dogs in, and more.... you can't compare a hotel room with an airbnb house, that's like comparing a bicycle to a truck and want to pay bike prices to get the truck. See ya!
Good
Every second person in Auckland NZ is Air BnBing their property. People also get penalised if they accept a new Air BnB Booking and then cancel after finding the new booking isn't fully registered but get penalised by Air BnB - The Air BnB owner isn't breaking the contract, its the new half registered person..
Thats not even a law or gonna be vited on in California, she is lying to make her failire someone else's fault
I love that she is doubling down on the lie. The tons of comments in her original video wasn’t enough for her to own up to the lie. That is sad.
Good, now more houses will be for sale for people who are from california.
Make your house a long term rental then!! Affordable housing will always make sense
California is considering taxing vehicles 30 cents per mile because they aren't getting as much from gas tax. No wonder people are leaving California.
They tabled this bill. It’s not happening.
WE DON'T WANT YOUR AIRBNB LOL SORRY WE THE PPL WHO CAN'T AFFORD HOMES WANT HOMES LOL
Thats not air bnb’s fault. If people were PAID A LIVING WAGE they could afford homes. Thats the real issue
This chick is full of it
Shelby maybe you can research how many airbnbs are in Los Angeles. And see how many residences they are taking away. And I say that in a neutral way, not pro or con, we just need the facts first. Also don't forget, not every area is a prime Airbnb area. Only a few tourist spots are. So I doubt it would make a big difference for most of the country.
In America Airbnb properties represent less than 0.6% of available homes. And the number is going down and not up. The population is going up. Therefore demand for cheap housing is also going up.
@@danh5637that’s because many cities have had to implement a lot of restrictions on them. In my city, you can only run an airbnb out of your actual residence-you can’t just buy a home for the purpose of running an airbnb (they also limit how many licenses to rent out property they give out).
@@NatalieMarie917 only a few cities have applied restrictions. Not many. And when challenged in the courts the regulations will be effectively unconstitutional. Maybe in other countries they can but not USA.
@@danh5637 have you been keeping up to date with all the changes that have occurred within the past couple of years? There’s a long list of cities now (in the US) with strong restrictions.
RENT IT…List your home with the military and the set aside program. Like section 8 but for military
Why would a homeowner/landlord do that for a couple thousand a month when they could make $8500 a month doing ABnB? Remember, they are looking for high profits. It is a business after all.
People quitting AirBnb is the goal of the tax.
Here in Italy, even worse like a client is going to pay 150€ and the host will get like 65€ that’s unbelievable, it’s just to help the hotels.
Lol "General Gov" couldn't be more vague...
The more and more I’m on social media, the more I understand that there’s no point in trying anymore because they work us like slaves and everything is dummy expensive and I’ll never be able to afford a piece of land cause a 2x2 piece of land 1.5mil that’s without property tax. And explain to me why try when billionaires will now be considered upper class, millionaires middle class, and the rest of us pesents (myself included) will struggle to afford a carton of milk because rent is so expensive now n days… this game of life is dummy pointless bro🤣
Then move. Move out the state, or move out from USA. There are many great Countries in thr world. Especially in Europe. 😊
Become an entrepreneur or learn a high end skill and you can atleast be middle class. There is a point to trying.
I think Austin has this, maybe? The hotel I booked had this tax and I was surprised when the hotel I’m staying at will already be like $300/night!
How are they going to vharge home owners 10% to build affordable housing and then only allocate 2-3% towards building affordable housing? This is ridiculous.
I hate how chopping up the perks into little coupons is becoming the norm. Makes it near impossible to get decent Return On Investment for the cards. It’s such a nakedly cynical move but it clearly makes them a ton of money.
And users are quitting AB&B because you guys charge a cleaning fee and then demand we clean the place before we leave (mop floors, vacuum, wipe down kitchen, wash dishes AND strip beds and wash the sheets). Why shouldn't the local government get a slice of your greedy pie.
1st is problem - home for stay not business.
2nd is question - did? gov abuse collected taxes?
Barcelona rejected it....lack of rental accommodation !!!!!!
What are you going to do with your house.. long term rental..sell it .
Good, I’m glad
They wouldn’t need affordable housing reserves if there was more single family homes on the market
The government is taxing vacation rental properties very high. It's really discouraging. But those who persist will face a market with much less competition
Why the hell are they charging ridiculous cleaning fees. Hotels dont !
I don't necessarily buy the "it's paying for affordable housing" argument; but it's clear that Californians generally don't want AirBNBs. Probably a mistake IMO, there's a big niche hotels don't fill (large groups & kitchens) and it's also a handy excuse to avoid talking about the insanely steep development restrictions that are the overwhelming cause of housing unaffordability in CA.
I dont understand how california is still standing
You only found out about this now??
Look how much money you dumped into this place ( home purchase plus renovations )vs how long it would take to recoup those expenses. Whoever did the math for you clearly has no foresight.
Girl this is so tone deaf and out of touch. Thank god for laws like this helping families buy homes affordably instead of being outbid by wealthy investors
I mean you could just pay your taxes as if you were a hotel... Since that's what you wanna play off your make believe business isn't one.
You said it.... California
You can do better literally in any other state. Best of luck
you’re already making so much money. you can afford to pay more taxes.
Not on that rental property, she wasn’t. She was mostly just breaking even.
Trump 2024
Cyprus/Dubai is going to welcome you with open hands ;)
Crazy the money isn’t going to fix the homeless situation more adequately. 🤦🏽♂️
They could undo their terrible zoning codes so the housing supply isn't so damned constraint. But I guess first they gotta try everything else under the sun.
So if tax housing pays for police. Then where do I real taxes go?
It’s all bs.. what affordable housing
Californian’s want higher wages for everyone, except when having to pay for those wages themselves. Aka cleaning fees.
What are you going to do with your house? Just leverage it to keep buying more and more houses. Or consider getting a multifamily home or apartment in a more affordable state where you'll want to visit. Higher a property management company and then rent half of it to renters and be other half to those wishing to do Airbnb arbitrage.
I feel this about my YT channel...
After many many years I got this recommended again, idk what is with CZcams's algorithm
This isn't old.
Okay but show me the affordable housing in California 😂
Just rented out for long term
This women in cali living an easy life has to go
I'm gonna write a story about you, your videos have helped me quite a bit.thank you
Wow, I can’t believe how much your police get!. In the uk over half of the tax budget goes to adult social care! ( looking after the elderly).
And you’re supporting Kamel-toe?? I just don’t get it.
More taxes to an overpaid government, housing will still not be affordable in California because of that very same government's policies.
Does palm Springs have rental inspections.
You should just quit California.
Just get people to pay u cash. I do 70 percent of my bookings off site
Admitting tax evasion right here 😅 hope your country's financial authority sees this
Never should have been allowed, chiao
#boycottairbnb
how do you like the dji mic
You need to quit California. Like many of the other businesses out there.
I hope Airbnb n others are outlawed.
Why?
Always so informative
lol. The information is literally untrue now, the bill was cancelled in July 2023
The problem here is that you live in CA
Remove your Airbnb bad review within 24 hours, let me know if interested.
give me a marriott