Talk of The Villages Florida

Talk of The Villages Florida (https://www.talkofthevillages.com/forums/)
-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   "AirBnB Owners Are About To Be Forced Property Sellers" (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/airbnb-owners-about-forced-property-sellers-342342/)

HandyGrandpap 06-28-2023 07:02 PM

"AirBnB Owners Are About To Be Forced Property Sellers"
 
Interesting article, in summary over supply of Airbnb due to investors and current home owners riding the trend. Resulting in investors needed to sell their properties. Very interesting graphs to support the narrative.

Do you think that will be the trend in TV's??

Why AirBnB Owners Are About To Be Forced Property Sellers | ZeroHedge

Papa_lecki 06-28-2023 08:21 PM

Air BNB market will soften in many markets, due to 2 primary reasons.
1) work form home is becoming less favorable, so the 25 to 35 year olds who travelled from city to city to work in Air BNBs are returning home and in the office
2) summer vacation travel is softening, due to inflation and high airline prices.

These 2 reasons are less likely to impact us in TV.
We still will have:
1) children/grandkids who rent AirBnb’s,
2) weekly visitors trying to feel out TV for the long term
3) friends coming to visit us.
4) snowbirds who are renting.

JGibson 06-29-2023 06:26 AM

It may be a demographic thing as folks don't want to live in lawless communities anymore.
They're all moving to States that have some law and order.

Normal 06-29-2023 02:38 PM

Yep
 
The Villages is no different than anywhere else. ABNBs will be outnumbered by the rental glut being constructed in Wildwood etc. The numbers speak for themselves. A renters market is already developing here.

dewilson58 06-29-2023 03:00 PM

AirBnB Owners Are About To Be Forced Property Sellers

Fake New headline................no body being forced.

:oops:

golfing eagles 06-29-2023 03:02 PM

Quote:

Originally Posted by HandyGrandpap (Post 2230322)
Interesting article, in summary over supply of Airbnb due to investors and current home owners riding the trend. Resulting in investors needed to sell their properties. Very interesting graphs to support the narrative.

Do you think that will be the trend in TV's??

Why AirBnB Owners Are About To Be Forced Property Sellers | ZeroHedge

One can only hope.....

tophcfa 06-29-2023 03:12 PM

Quote:

Originally Posted by golfing eagles (Post 2230611)
One can only hope.....

I was about to post the exact same four words………..

New Englander 06-29-2023 03:17 PM

Quote:

Originally Posted by golfing eagles (Post 2230611)
One can only hope.....

:agree:

Normal 06-29-2023 03:25 PM

Let them tumble
 
Quote:

Originally Posted by New Englander (Post 2230614)
:agree:

One can only hope this rental crash comes sooner than later.

Happydaz 06-29-2023 04:02 PM

Quote:

Originally Posted by golfing eagles (Post 2230611)
One can only hope.....

I agree. Too many new homes are being sold and turned into short term rentals. Just check short term rentals in The Villages. Many homes can be rented for $95 to $200 per night. Some neighborhoods down south of 44 appear to have a large number of these rentals.

vintageogauge 06-29-2023 05:29 PM

Quote:

Originally Posted by Happydaz (Post 2230621)
I agree. Too many new homes are being sold and turned into short term rentals. Just check short term rentals in The Villages. Many homes can be rented for $95 to $200 per night. Some neighborhoods down south of 44 appear to have a large number of these rentals.

Some of the neighborhoods down south of 44 have zero rental units as in some neighborhoods downs south of 44 rentals are not allowed. I've lived here for 6 years and only heard of one short term rental in our neighborhood but I've never seen it and don't know where it is.

Happydaz 06-30-2023 05:37 AM

Quote:

Originally Posted by vintageogauge (Post 2230633)
Some of the neighborhoods down south of 44 have zero rental units as in some neighborhoods downs south of 44 rentals are not allowed. I've lived here for 6 years and only heard of one short term rental in our neighborhood but I've never seen it and don't know where it is.

AirBnB now lists 306 rentals in The Villages. I believe we are up to 100 Villages now so on average each neighborhood has 3 daily rentals. Of course, some neighborhoods could have none and others 15.

Bill14564 06-30-2023 06:51 AM

Quote:

Originally Posted by Happydaz (Post 2230690)
AirBnB now lists 306 rentals in The Villages. I believe we are up to 100 Villages now so on average each neighborhood has 3 daily rentals. Of course, some neighborhoods could have none and others 15.

306 rentals out of 70,000+ homes doesn't seem like a lot. Even three rentals in all of Hillsborough doesn't seem like a lot. And, of course, AirBnB does not mean daily rental, it might be but it also might be a 3+ month rental.

justjim 06-30-2023 04:04 PM

“Not in my back yard”. In The Villages, AirBnB is not a particular issue to many residents unless a daily or weekly rental is next door or in your backyard. Apparently there are no restrictions that prohibit this type of rental arrangement in The Villages. However, the exact number of available rentals on a daily/weekly basis is speculative at best.

BrianL99 06-30-2023 05:01 PM

Quote:

Originally Posted by Bill14564 (Post 2230716)
306 rentals out of 70,000+ homes doesn't seem like a lot. Even three rentals in all of Hillsborough doesn't seem like a lot. And, of course, AirBnB does not mean daily rental, it might be but it also might be a 3+ month rental.


Do your homework. AirBnB's market share is around 20%.

Anyone who thinks there's only 306 STR's in The Villages, is dreaming.


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