"One residential property per person"? Or the more reasonable one owned + max one let out?
(Some holiday lets are entirely legit and necessary for some local economies, but the politics of that is very complicated and site-specific.)
(Some holiday lets are entirely legit and necessary for some local economies, but the politics of that is very complicated and site-specific.)
Edit: why disagree?
> individuals wouldn't be able to build high density housing
Who exactly has (a) enough money to build an apartment block and (b) not enough to put it in a corporate wrapper? (Admittedly the wrapper problem is a serious issue for any kind of rationing!)
I’m not sure why that’s more popular in the US.
Not rented out a property for 3 months straight? Ok, pay 25% of the rent to the govt then.
Property prices will quickly find their market value (and we will know if the problem is genuinely a shortage of space then).
Best of both worlds: cooperative rental companies. Renters control everything collectively as a non-profit. They employ the custodian(s) and vote on what to invest any excess capital into. With this it means you're only paying as much as needed to maintain the buildings, your utilities, and saving up for larger renovations.
I've lived in multiple apartments organized like that, and frankly it beats every corporate/individual landlord I've been attached to.
The world has survived most of its existence without needing holiday lets.
Because it has hotels.
Hotels that do not take up residential properties and pay appropriate taxes, etc. and prevent overtourism whixh has become one of the biggest issues in most tourist places.
You can eliminate holiday let’s and the world will do just fine. Any legitimate loss will be minor.
The only problem is these pesky single digit millionaires thinking they can somehow come here to our neighborhood for a month. I paid good money to live here so I wouldn't have to be around those upjumped peasants, but now airbnb rentals are letting them in by the thousands and ruining it. If you can't pay $1000 a night for a hotel, you're not the sort that belongs here. We'll call it "overtourism" to make it seem like they're the problem and not our own insufferable snobbery.