Aug. 2nd - What To Do If Your Neighbor’s Airbnb Starts Spinning Out Of Control

Real Estate Survival Guide with Terry Story

Airbnb Is Great, But Not In My Backyard

Steve opens this week’s Real Estate Roundup with the pros and cons of Airbnb, the leading online marketplace for vacation and home rentals. Terry opines that Airbnb is wonderfully convenient if you, as a renter, are looking for fantastic short-term stays in great neighborhoods or convenient low-cost vacation rental options that give you the feel of home. But, she continues, people get a little testy when asked, “Would you like an Airbnb in the neighborhood?” Generally, people in residential neighborhoods do not like the idea of neighbors renting their homes for short periods to itinerant guests from all parts of the world, who come and go as they please. As Steve puts it, Airbnb is fine but “not in my backyard.”