Home prices have jumped so much that Americans must pay a third of their income on housing, according to one study.
  • saltnotsugar@lemm.eeEnglish
    12·
    2 years ago

    It’s gotten out of control. I would say one in ten houses in my neighborhood are airBNBs.

    • CheersEnglish
      7·
      2 years ago

      It’s disgusting because airbnbs in my area can have 50% occupancy and do better than a long term, meaning for about 180 days of the year that housing is just artificially decreased supply.

      $200/night * 15 days = $3k/mo