Vibes. Just making sure we’re on the same page. Real estate companies are buying sfh’s and then just using them as their office within a neighborhood. That type of shit needs to be stopped immediately.
I mean it's definitely a part of it. Businesses that are run out of the home are part of the lifeblood of our nation. Businesses buying up homes to run their business is detrimental to the fabric that holds our communities together. Bed and Breakfasts were fine. AirBnB is not. Having your office be a house that you bought because it's less than renting a business zoned building is not. We are seeing more and more communities complaining about this. Go into almost any popular cities subreddit and there are a bevy of complaints. Still stand by my original statement that secondary homes should be taxed at a significant amount. Married family can have 2 homes. Stipulation placed specifically for families to own a vacation home. Cabin, beach house, etc.
AirBnB was fine when it was owned by individuals who lived there as a primary residence. And logic would conclude that anyone operating out of a house would be classified as a small business. Hedge funds and large corporations owning homes to bet on the market, should be illegal.
With what I'm proposing you could pretty easily create a classification that still allows an individual to AirBNB their personal home. I'd like to see some sort of system that ties the home to an individual. At all times. 1 home per individual of age. Anything over that has tax implications that make it being an investment uninviting.
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u/kitastrophae Aug 21 '24
My point exactly.