Comment on How Airbnb accidentally screwed the US housing market and made $100 billion
Tryptaminev@lemm.ee 7 months agoNo regulation is worth anything without enforcement.
Comment on How Airbnb accidentally screwed the US housing market and made $100 billion
Tryptaminev@lemm.ee 7 months agoNo regulation is worth anything without enforcement.
bitwaba@lemmy.world 7 months ago
Sure. That’s step two. You gotta do step one first.
Tryptaminev@lemm.ee 7 months ago
I agree. It wasn’t meant to be against regulations. Problem is in my city we have plenty of regulations to avoid repurposing flats for tourist rentals without a permit, we have regulations against systematically letting flats empty to be able to sell the house or flat at a premium etc. But we only have like three dozen government employees, who are supposed to oversee a city with more than 1.5 million flats and individual homes. So even if every one of them manages to check on 2 flats every day, they manage like 15.000 flats a year, which is already a rather optimistic estimate.
It is crucial to not only demand regulation, but also that enough resources are assigned to enforce them.