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0 pointsimAsking98367y ago0 comments

Maybe I'm reading your comment wrong but that would make it even harder to find a place to rent. Owners will stop renting if they fear to lose their property if a tenant remains for more than say a year. You need to regulate the amount of time you can AirBnB a place before facing a fine. Ideally you would earn 300$ for putting your place on AirBnB for two months or 700$ for renting it a year. (Simple numbers just an example). And we would still have the stagnant salaries and sky high property values that no one can afford problems.

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searine7y ago· 2 in thread

>but that would make it even harder to find a place to rent

Maybe i wasn't clear, but my point was that when renting is the most common way of living, it is not healthy for society.

Ownership promotes community and responsibility. Renting is parasitic and enables social stratification in to elites and tenants.

Prices are inflated and are used as investments rather than housing. This is where the government needs to add regulation to prevent exploitation of the market.

purple_ducks7y ago

> when renting is the most common way of living, it is not healthy for society.

Germany (with it's sane housing cost growth) would disagree with that.

> Renting is parasitic and enables social stratification in to elites and tenants.

Not really. Renting provides accommodation mobility. Done correctly, it can be liberating & very valuable for state, renter & landlord.

stuxnet797y ago

Ownership also promotes capitalism. If the "owners" of these flats weren't so gung ho about making money and AirBnb'in out to tourists this problem wouldn't arise in the first place.

Housing is scarce, always has been. The prices are not "inflated", they are merely a symptom of the underlying reality which is that there's only so much housing to go around and given the option of making money (renting) and making a lot more money (airbnb), landlords will obviously choose the latter. My guess is a majority of these so called landlords are of modest means and would be harmed significantly by overbearing rent control programs. The only sensible solution to this problem is to enact policies that encourage developers to build (increased supply will lower rent costs) or enact policies that somehow limit the number of tourists coming to Dublin (doesn't seem reasonable or desirable). Any attempt to artifically manipulate the price of housing up or down via regulation will at worst, end in disaster or exacerbate the current crisis.

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