BrujaJuera @BrujaJuera
Austin, TX Joined February 2020-
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RealPage is absolutely cooked. The defense will be they're merely generating "recommendations" for price hikes. In docs from the DC lawsuit, we can see that is a total ruse. RP's contracts explicitly impose compliance rates on landlords and punish any deviation.
RealPage is absolutely cooked. The defense will be they're merely generating "recommendations" for price hikes. In docs from the DC lawsuit, we can see that is a total ruse. RP's contracts explicitly impose compliance rates on landlords and punish any deviation. https://t.co/TyB2cjY4tu
California law that allowing up to 4 homes on lots in single family neighborhoods struck down by court because it fails to accomplish its stated purpose of creating more affordable housing.
California law that allowing up to 4 homes on lots in single family neighborhoods struck down by court because it fails to accomplish its stated purpose of creating more affordable housing.
There's a pushback by Cities against Short Term Rentals (like AirBnB) in favour of housing for the locals...Here's why... fastcompany.co.za/business/the-t…
America's housing "shortage" will never be resolved as long as the perverse incentives for financialization and hoarding remain in place. The U.S. will need better housing policies to truly address the issues around affordability and inventory availability.
Vision of things to come In Austin, TX Although FL will ultimately be worse, Austin is ground zero for the speculative frenzy which infected so many of our cities @TravisREMindset
'Single-family home sales to investors hit all-time high' Remember this when you hear industry players talking up the housing "shortage" in the U.S. (and other countries as well) It's not a supply problem. It's a housing use problem! #financialization "The share of homes…
Hawaii is on the verge of banning Airbnbs. Hawaii is facing one of the worst housing crises in the U.S. and over half of the state's short-term rentals are owned by people out-of-state. Two bills to let local governments enact bans just need final votes. substack.perfectunion.us/p/hawaii-moves…
“They’re all short term rentals now.” In Bozeman, Montana, entire neighborhoods have been gutted to make way for luxury condos. As developers run rampant, the workers who power the community can’t pay the rent. inthesetimes.com/article/tenant…
Y’all 🤦♀️ This is where the city of Austin tries to tell us that more condos/townhomes will make Ausitn more affordable without actually defining affordable. Below is a newer multi-family community in central Austin. @austintexasgov; What is your definition of affordable?
Y’all 🤦♀️ This is where the city of Austin tries to tell us that more condos/townhomes will make Ausitn more affordable without actually defining affordable. Below is a newer multi-family community in central Austin. @austintexasgov; What is your definition of affordable? https://t.co/nhufkaEhcU
BREAKING: The Justice Department is reopening its antitrust investigation into whether real estate agents are using illegal price-fixing to raise housing costs. The National Association of Realtors tried to quash the probe in court. Today they lost.
Sounds like restricting Airbnbs causes house prices to fall. Therefore, if you want more affordable housing, one easy (partial) solution is to restrict Airbnbs. youtu.be/P03Qwo1A4Xk?si…
Airbnb is single-handedly decimating places and displacing locals by driving up prices, you love to see people sticking it to these ghouls
Regulating & placing limits on the number of short term rentals is part of a comprehensive housing policy. “Build, baby! Build” isn’t enough if new units just get turned into more STRs.
Regulating & placing limits on the number of short term rentals is part of a comprehensive housing policy. “Build, baby! Build” isn’t enough if new units just get turned into more STRs.
@TaylorAMarr These STR industry sponsored studies *never* take into account the economic impact that residents living in those STRs would have on the local economy or costs that STRs impose on cities & residents which can be quite sizeable. 1/5
RealPage persuaded landlords to abandon their focus on high occupancy. Through collective rent-setting, they would obtain higher per-unit rents that more than offset the loss from lower occupancy rates. Practical consequence: More people struggling to find affordable housing.
FFS!!! STR hotels do NOT belong in residential neighborhoods! #AirbnbSucks
FFS!!! STR hotels do NOT belong in residential neighborhoods! #AirbnbSucks
Remember this banger from just a couple of months ago? YIMBYs don't care about affordability because they also know, deep down, that if developers aren't making serious profits, they're not going to keep building. Hence - Market Rate Luxury Condos are sold as the solution.
Remember this banger from just a couple of months ago? YIMBYs don't care about affordability because they also know, deep down, that if developers aren't making serious profits, they're not going to keep building. Hence - Market Rate Luxury Condos are sold as the solution.
@TravelTeslaDad @MamaLlamaTX @Airbnb The short-term rentals have ruined our neighborhood in ATX. They're owned by corporations. We have to make so many reports of STR excessive noise, excessive trash and trash recepticles left in the street, drunks, speeding, and other crimes. It isn't a neighborhood now. Exhausting
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8K Followers 1K Following Comedian. NBA Free Agent. Moron. For booking: [email protected]RealPage is absolutely cooked. The defense will be they're merely generating "recommendations" for price hikes. In docs from the DC lawsuit, we can see that is a total ruse. RP's contracts explicitly impose compliance rates on landlords and punish any deviation.
Finally read this complaint carefully. Damning stuff--RealPage helps landlords jointly raise rents in Phoenix, Tucson, and cities across the country and contributes to the housing crisis. This should be a national scandal.
“You’re creating what they call a rent gap—a gap between what they could earn by renting it legitimately as long term rentals and what they could earn as a (short-term rental),” said senior economist @MarcLeeCCPA. thestar.com/real-estate/th…
@sam_d_1995 Seems like this is as much or more about how much rents skyrocketed during covid vs any policies Along with the fact a lot of the west coasters came here and soon regretted it after two abysmal summers + hostile state politics
Is anyone surprised Oracle is planning to move its HQ out of Austin? If you look at the Riverside/Pleasant Valley area, it’s inundated by trash, camping and drug use. The City treats that area as an after thought. If I were Oracle I would look to move as well. Not surprised.
New help paying the bills! I am still monetizing Black Diplomats and need $1000 to pay off some business expenses. This is my job and I don't have other income. Can you please support me by donating to the links below? Thanks you so much. PayPal: paypal.me/terrellstarr…
@ocregister Before crowding houses together like we’re in a cemetery, perhaps we can stop hedge funds, investors, and short-term rentals from sucking up our housing supply and letting actual residents buy residential homes they will actually live in.
@AustinLinney The worst people own or patronize short-term rentals.
@rickyrella @RepKatiePorter Also, short term rentals, and land code changes. Working class neighborhoods are being pushed out for benefit of developers. More than one generation of work in a single fam home, and more than one generation living in it. The resources of hard working family-oriented people.
Here where I live, corporate home buying is beginning to bite safe neighborhood home owners in the ass, as the purchased homes by corporations are being used for short term rentals.
@jammasternate Note to AirBnB’ers: You helped break the housing market. People are going to start pushing back Me?? I’m going to start bringing Bitcoin miners with me and run that electricity as far up as I possibly can during my stay to recapture what was taken from me (affordable housing)
There's a pushback by Cities against Short Term Rentals (like AirBnB) in favour of housing for the locals...Here's why... fastcompany.co.za/business/the-t…
The Tide is turning against Short Term Rentals like AirBnB fastcompany.co.za/business/the-t…
@chitovela3 Squeeze more homes into a given property that will STILL be unaffordable to the middle class.
Everyone is going to figure out their homes are 40% overpriced all at once again aren't they.
The Dallas Morning News is calling for an investigation on how TC Broadnax left Dallas and pocketed $423,000. The Austin City Council did some great due diligence on this hire. 😵💫
This Airbnb host is mad at her neighbors for not providing free property management for the unstaffed STR hotel she’s running in their neighborhood??? She can get F’ed! STR hotels do NOT belong in residential neighborhoods! #AirbnbSucks
@AuthenticVegas @glvstra You’re totally right and people all over are fighting them. From my city in NY to where my bro has a house in Puerto Rico to a development I looked at buying a place in LV that bans them.
@glvstra Nobody wants short term rentals in their neighborhoods.
Note to my fellow YIMBYs: the availability of investment capital is one barrier to multifamily production that zoning reform does not solve
@AirbnbPolicy Airbnb does not belong in residential-zoned neighborhoods. You should partner with developers and build tourism condos on commercial/hotel zoned land. Investors can buy them and run their hobby hotels.