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Ken Dillard
  • Investor
  • Franklin, TN
77
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112
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AirBnB = Media Hype or real concerns?

Ken Dillard
  • Investor
  • Franklin, TN
Posted

Short term rentals have been around a long time.  Back in the day (longer than I care to admit) everyone looked in the Classified ads for weekly house rentals in Florida to plan their vacation.  In 1992 Home Exchange began.   AirBnB began in 2008.

Now in 2017 if you are to believe a lot of the stories criminals are running rampant and AirBnB is a conduit for this.  Take this linked story out of Nashville where the focus has become that these criminals were using AirBnB to rent.  The print story linked below only mentions AirBnB but the TV coverage leads it with "AirBnB renters found with guns and drugs".  It has become a hot topic so now it seems there are more and more stories.

Nashville Story

There was no outcry from neighbors when Home Exchange began. Someone correct me but I don't recall hearing AirBnB concerns in 2008 when it began. So why have short term rentals gotten such a bad name in the last 2 years? Tax Revenue? Resistance to change? Or all of a sudden a large number of criminals have decided to STR? Should neighbors be fearful or is this the next new media hype?

Thanks

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Aaron T.
  • Developer
  • Aguada, PR
278
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927
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Aaron T.
  • Developer
  • Aguada, PR
Replied

If you turn the TV off, all these problems go away. Media is in place to make you fear things. Be smart about your decisions to run a business and you will be ok.

  • Aaron T.
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