State Chapters > California

Airbnb in Disputes With New York and San Francisco

<< < (2/3) > >>

Machiavelli:


Official site

Wikipedia article

Machiavelli:
Bye-bye Airbnbs: Short-term rental owners 'reeling' after Anaheim says they have to shut down

Lily Leung and Joseph Pimentel
Orange County Register
July 1, 2016


--- Quote ---Still reeling from Anaheim’s late Wednesday decision to shut down short-term rentals, Mindie Hochgesang and her husband spent part of Thursday weighing what to do with their investment condominiums.

“I’m still shocked and saddened by the whole thing,” she said.

Four years ago, the Fullerton couple bought and renovated a pair of condos near Disneyland, renting the properties for about $200 a night. The income allowed Hochgesang, a 39-year-old mother of three, to leave her teaching job and stay home with the kids.

Late Wednesday, the couple became potential outlaws.

The city voted to end short-term rentals in Anaheim, giving owners 18 months to wind down their businesses. After that, the city will monitor neighborhoods and websites like Airbnb and HomeAway, looking for listings to fine.

Some Anaheim residents are thrilled with the new rules.
--- End quote ---
More

truth_seeker:
This is NOT something new. I do NOT rule out somebody fighting it up through the courts. Why is it to be "illegal" for them to rent for one week, but okay to rent for a month or for a yearly lease?

Before AirBnB, there was another site which was successful. VRBO, standing for "vacation rentals by owner."

They do more or less the same function, and there are others. They allow individual property owners to rent all or parts of properties, for short terms.

I have some knowledge, as a real estate broker in what is becoming more and more, a resort area (California coast).

I do not deal in the market, per se. There is nothing new about the market. People have owned resort properties, and have rented them all over the world.

A friend of many years had a beach house, in Ocean Beach Maryland for example. He essentially "turned it over" to a local specialty broker, who handled everything.

Neighbors MAY object to having short term people in their vicinity.

Most important is the local taxing jurisdiction which feels "entitled" to reap revenue from economic activities. Hence  daily "room taxes, permitting and inspection fees" etc.

To some extent, AirBnB is like Uber, in that they facilitate commerce directly between willing parties. The objection comes from other parties, which are losing business and taxes.

VRBO was in place as an internet website, long before AirBnB, which is a mobile App.

Mobile Apps are fast substituting and growing the market for their uses. In real estate something like 2/3 + of searches are from mobile apps, not big screen websites.

Ginger Republic:

--- Quote from: Machiavelli on July 01, 2016, 05:01:03 pm ---Bye-bye Airbnbs: Short-term rental owners 'reeling' after Anaheim says they have to shut down

Lily Leung and Joseph Pimentel
Orange County Register
July 1, 2016
More

--- End quote ---

Anaheim isn't just cutting off short term rentals of entire condos/apartments/homes such as Airbnb, the same rule banned home sharing – in which a homeowner rents out a room of their home to a tenant.

So much for property rights. God forbid that a family wants to have rental properties that bring in enough income that the wife can raise her own children.

truth_seeker:

--- Quote from: Ginger Republic on July 01, 2016, 08:14:38 pm ---Anaheim isn't just cutting off short term rentals of entire condos/apartments/homes such as Airbnb, the same rule banned home sharing – in which a homeowner rents out a room of their home to a tenant.

So much for property rights. God forbid that a family wants to have rental properties that bring in enough income that the wife can raise her own children.

--- End quote ---
Nowhere in this article, does it say what you claim.

If a college student needs a room, they enter into a one month or a six month lease agreement, not by the day or week.

http://www.latimes.com/business/la-fi-anaheim-airbnb-20150916-story.html

Navigation

[0] Message Index

[#] Next page

[*] Previous page