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kellytop412 t1_jaehymp wrote

Reply to comment by Really_Cool_Dad in Perceptions on Short-Term Rentals in Pittsburgh. How do Short-Term Rentals like AirBnb impact your community? Inspired by recent discussion at a community meeting, interested in hearing your thoughts from across Greater Pittsburgh. Responses anonymous, not affiliated with AirBnb, etc. Thanks! by unenlightenedgoblin

Yes and no. I have a feeling i will have a very difficult time selling if buyers realized who the "neighbors" are. I intentionally didn't buy a house next to a hotel i don't know who would want to?

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Really_Cool_Dad t1_jaeies2 wrote

Right. Your individual case may be a detriment but overall airbnbs have removed a lot of supply from the market which increases demand and therefore prices.

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kellytop412 t1_jaeivxk wrote

Yes, so Airbnb increases overall prices, just not the ones in the immediate vicinity of the actual Airbnb. I get it. And overall i don't think increased property values are a good thing. It screws over everyone except property owners looking to sell....but then they have to buy....so

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Really_Cool_Dad t1_jaej8ha wrote

Well even in that example the owner still gets the benefit of higher home prices caused by Airbnb but might also dinged for being next to one. Could be a wash.

But yes I agree unaffordable housing is a real problem. Not a good thing at all.

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