@@seeharvester the cleaning fees they add on to the airbnbs they host. The cost of cleaning vs what they add on just to make more profit. Last one I was in wasn't even clean so why the high cleaning fee. Im talking about SF Bay Area.
I stopped using AirBNB because there are too many fees. The cleaning fee is sometimes more than the daily room rate. Why do I get charges a service fee when the fee should come out of the landlords portion like it does with my long-term rental!
Airbnb used to be an affordable way to stay but then the "Hosts" increased the rental for a bedroom to the price of a 2 star Motel 6. Right now the cheapest room on Airbnb is located in the Tenderloin by Gary and Powell for Two adults is $99 a night plus a one time $25 cleaning fee and $31.48 Airbnb fee . The Hilton in the financial district is $119 a night and you get your bed made each day. There are articles devoted to the topic of Airbnb owners who are on the verge of financial ruin after the over saturation of Hosts with Airbnb.
@Joesmith-mg6xd All you have to do is look at what they're problematizing to know who they are talking to and who they're ignoring. Can you imagine if this piece covered the perspective of SF renters?
Definitely worse today. Even the most progressive types have to admit it, whereas 5 years ago they were in denial. I know because most of my friends and colleagues (in SF) are progressive. So yes that's how bad it is in SF today. This includes Oakland, Richmond etc.
Many people do not have the disposable income to blow on vacations, no matter how brief in duration. Nationwide, massive foreclosures are evolving for those who splurged on the acquisition of properties for Airbnb revenues.
Long term rental in this area is a noose around the neck. Can't increase rent, can't get the tenants out. Sell the home to owner occupied buyers so they can have some security.
She's lived in her house for 40 years and can't afford to stay? She benefits from Prop 13 and should own her home outright. Airbnb bookings should be just gravy.
+1. It sounds like there's something fishy about the story. If you need to convert your home into an amateur hotel to survive after 10+ years, you probably have deeper problems. If you need some extra cash, just get a roommate.
@@elig9401 After three years of an eviction moratorium? I know a person who rented a room to healthcare workers who were employed the whole time and didn't pay any rent for two years. You don't get rent and you get to pay for the utilities they use too. Who in their right mind would invest in rental housing in California?
@@mwatercress I owned multiple rental units in Seattle during the pandemic, where I believe we had similar eviction moratoriums. There were occasional instances of abuse, and that abuse caused real harm to landlords. But my property managers indicated it was by far the exception to the rule.
Actually most landlords have caught on to the terrible laws we currently have against us. Most will take a home off the market before they rent to people with evictions or bad credit scores. Renting is actually going to get a lot harder because of the pandemic moratoriums that showed just how evil our government can be.
correct. Some Airbnb hosts are decent people, just trying to make the rent with an extra room. But others have bought up whole apartment buildings, cleared out, and turned them into Airbnb hotels. And THAT is not right in our tight housing market.
@middleguy1776 It should be pretty clear that just doing what you want doesn't glaze over any and all choices, when they affect the lives of other people.
It is extremely difficult to feel bad for people like this man who is president of a company that has 40 short term rentals in the city that’s just great for people who want to go there and have to spend $1200 a night for a room. I honestly think San Francisco is getting what he deserves
Can we talk about the lack of long-term affordable housing in San Francisco and compare it to this segment? How many homes/units are owned by Airbnb hosts?
If Air B&B hosts spent less money on decorating their home with pretty dishes, fancy pillows, and whatnot, they might have more money. I remember air B&B was affordable because people were content with a couch to sleep on, and hosts were open to that. Now, greedy hosts are trying to compete as if they were a 5-star hotel.
Similar to the Bed and Breakfast craze we had throughout nor cal in the 1990s. They are also better staffed hotels offering deals at the wharf and Lombard street.....
@@middleguy1776 That narrative doesn't really work. Some smaller hotels are privately owned, as are some legal independent B&Bs. We used to love supporting airbnbs when they were new, on private owners' properties, with prices reasonable, not evicting renters. Now, just like using the large rideshare services, you're supporting the ultra-rich corporate owners who treat most of their "employees" horribly. You can support those billionaires or the Marriott hotel chain.
I live here in San Francisco, it's fine. Like any big city in America there's some crime, a lot less murders than most. No better city to live in the USA, maybe NYC for second place.
@@pwp8737probably also depends on what part of Sf you live in. I live downtown and it’s awful. Worst it’s ever been and each year it gets even more dangerous, dirty and demoralizing to live here. Seeing trash, needles, feces, drug addicts, dealers and half alive bodies every day takes its toll on you. 😢
@@lyndsay4153 I agree. I live on Nob Hill where there is little of the human tragedy you wrote about. Four times a year I have a reason to go to the tenderloin, and it is heart wrenching to see the misery. I've travelled throughout the world, seen much but not even the third world can compare to the tenderloin. But apart from the discomfort at the sight, I can't say I feel personally threatened.
@@pwp8737 SF is not fine. I grew up here 70's-90's and I still work Downtown. City was never this bad even during the crack epidemic, even when the TL and red zone areas were at its worst. Now there are tents in the residential area in the Mission District sometimes near schools. Mission St. is a complete disaster. How in the hell are they allowing street vendors selling alcohol and stolen products? Selling food on the Mission right next to homeless and fentanyl addicts?!
@@Mike__B From day one Social Security was identified to aid in retirement years, not be the sole source of income. People love to find excuses to not work, save, invest, buy a home prior to retirement and blame the world for being on a 'fixed income.' Who fixed it? I'm on SS, it's only part of my retirement income.
SF isn't cheap and all the additional fees Airbnb and the city of SF tack on, it's not much fun for people to come and visit. Lower your prices, slash the cleaning fees, and people will come.
@@pumamanta1771 There is, however SF is very much pro-renter as far as laws go and once you get a renter in you may not be able to get rid of them without a lot of cost to you.
It really is amazing to me when you see reporters like this and her opening line is how San Francisco tourism is returning. I have actually watched numerous RUclips videos from the middle of the day in San Francisco and tourists are not returning. Literally your city looks 2/3 empty and that’s thanks to your liberal sanctuary city policies and drug policies. Thank you San Francisco residence and leaders for constantly being the most liberal in the nation, you’re literally destroyed the city
I went to many tourist areas this past weekend . And it was filled up in every single area I was at lol. Looked like people from all over were in the city
Perhaps affordable housing will be a reality with thousands of empty apartments and homes available. Not bringing in 6,500 a month might mean a bankruptcy for some
@@middleguy1776 about 10% of this housing is bed and breakfast. The easy credit that allowed them to buy it all and profit handsomely with short-term holiday rentals has decreased available housing causing subsequent rises in cost on property values has all created a false shortage a properties to own as investors swoop everything up. They can't afford to rent that property for a normal rent, minus a handsome profit, it's not worth the effort to be even in the business renting out real estate backed by credit. A pyramid profit scheme Within the property Market pyramid. Like the richest Silicon Valley residents no longer able to pay their mortgages owing Millions on mansions with no income, laid off and fired with nowhere to turn, just like Pedro from Guatemala who arrived yesterday with not a penny in his pocket. Where are the investors now that Golden Village is filled with mansions for sale at prices below water and yet no takers, with investors focused on starter homes no new family with student loans deserves to own, paying triple rent instead that Rises competitively. Deregulation, empty houses, record homelessness. A distorted Financial default swap that brings everybody underwater, allowing billionaires to swoop it up for a penny on the dollar, once again. Like Donald Trump University, it's the banks to decide where to loan money and profit, not Humanity, is essential to the thinking process deregulated bankers leaving everyone else on the street. Adding thousands of units to the local markets, no longer holiday destinations but real housing with holidaymakers going back to hotels going bankrupt as well. A home for everybody was the focus in the 50s and 60s, today is Hunter Biden's pics that is the focus of the American agenda. Thousands of empty bed and breakfast Apartments only push-up the cost of Real Estate for everyone, including those that are profiting, most people losing their ability to keep up especially those making less than $200,000 a year and many make less than $20,000 a year owing thousands of dollars in student for an education that didn't get them the promised job, only debt.
What is there to see in SF anymore? It's too stressful. When I go there for events, I come home immediately afterward. There is no need to stay. It's basically just a place for tech workers, as far as I know.
where is home? This is a beautiful city. Tons of great restaurants, cafe, bakeries. A great cup of coffee and a french pastry, take a cable car to Aquatic park, stroll the Fisherman's wharf, grab a historic streetcar to the Castro and watch the fog roll in around 3:30-4 pm most days. Strolling on Russian Hill with its breathtaking views of the Bay.
@@pwp8737 SF is a beautiful city. But some bad apples are ruining it. Visitors have to constantly watch over their shoulders. No long a relaxing experience :(
@@maywww and when you travel to NYC or Chicago or even L.A. do you let your guard down, flaunt cash while walking down the street and beg to be mugged? San Francisco has a very low crime rate in comparison to other major cities in the US.
I just enjoyed a great vacation in SF last week. With renovated, professionally managed hotels running $120-$150/night in Union Square (I paid $120/night + tax, no hidden fees), I can imagine that there's little reason for visitors to gamble on an Airbnb. Hopefully some of the scarce housing that was been converted into now-unprofitable amateur hotels can now be returned back to homes for actual people trying to live in SF.
@@elig9401 do they own all the properties or do they just run as an overseer for individual owners? So again you support corporations over independent owners?
@@middleguy1776 I support businesses who provide a predictable, high-quality product at a fair price - such as the independent hotel I stayed at. I definitely don't support wealthy Silicon Valley venture-funded businesses run by billionaires overrunning my neighborhood, making a buck through depriving my neighbors and myself of affordable homes. Airbnb "hosts" in major cities are often large real estate businesses pretending to be "independent" anyway. Numerous research studies by non-partisan organizations on this topic, you are welcome to read them. Don't use Airbnb, never will. Done discussing.
Great. I hope this landlord can feel the pain theyve been inflicting on others by HOGGING UP HOMES IN A PLACE WITH A LOT OF HOMELESS PEOPLE. Airbnbs were a mistake
San Francisco’s biggest down fall is income inequality. The divide between rich and poor and a non existent middle class equates to a dystopian society. Don’t let anyone tell you any different!
Who would they expect to feel “Sad” for these greedy ones ? Air Bnb was created to make hotel surge in place but , it becomes a hub for an incredible “Spike” price , cleaning and unidentified charges . We’ll get over it .
Met a guy from Canada who just went to SF for the first time at the beginning of July 2023….he told me the place was so dirty and he felt so unsafe that his family stayed in the hotel after the sun set.
I do not feel bad for Airbnb host. As far as I’m concerned they were a part of the cities problem that initially caused us to be where we’re at now. They have taken housing away from people who need it and turn those houses in the short term rentals, and now the economy is tanking, and people aren’t spending that much on their travels, especially to a place that’s crime ridden and filled with homeless and drug addicts. You own a home that is worth at least $1 million so if you’re that hard up, sell. It’s only a real godsend for you and you’re only looking out for you.
I feel nothing for a man who owns 40 short term rentals. He’s clearly profiting from renters/homeowners who have been driven out of the market by short term lease owners like himself.
Business tourism is down because of all the "houseless".... Sadly this state needs a hardcore conservative government ASAP to get crime back in line.... Affordablr housing, safe injection sites, compassion, and camping bans DID NOT WORK
Shrew them. Karma is a B! They kicked out renters and cashed in on tourists money. They are the reason for housing shortage and ridiculous rent increase. I hope the bank repo all their properties.
I prefer the privacy of a hotel and free house keeping. For the price you pay for Airbnb you’re not even guaranteed clean sheets and the bathrooms are always filthy.
@@manonamission2000not anymore. As of today they have 60 days to vacate the shelters. The mayor is either giving up or has another dark scheme up his sleeves.
Hosts, have you tried *lowering your prices* ?? It's the easiest way to boost your occupancy rates. How can you stay less than 80% booked if you adjust your fees to what the customers are willing to pay?
I used to love visiting SF, but the last few Years it's really gone downhill, even before the pandemic everything was way too expensive, it was disgusting, crime everywhere, the smell of piss and shit hits your nose at all hours of the day.
If youve been there 40 years and depend on airbnb... what did you do 10 or 20 years ago? Air bnb did not exist. Did you have maybe a roommate? Get a roommate. You're already sharing your house.
I don’t feel bad for airBnB they shouldn’t be crying it’s a part of the game. I wouldn’t be mad if they all tanked rent the apartment to long term rental or midterm rental.
Has anyone investigated the cost and extreme fees from these “rentals.” Blaming “tough times” or the safety concerns of the city is inaccurate, bad investigating, and bad reporting.
SF and CA in general is ridiculously expensive to rent. I’d say this city offers the least for highest prices around the country. At least Palm Springs can justify their $300 a night. SF hosts are smoking crack thinking anyone will pay those prices to come here to fentanyl tent city USA NO thank you!! lower your prices if you want bookings!! I’m sorry but your full income and survival cannot be based on asking people to pay 3x a hotel price to say in your room sized apt where there are zero amenities, you’re charged a cleaning fee AND they expect you to clean before you leave. no. next
The Homeless round them up send to hunters point shipyard for rehab , jail or one way greayhound back home The smash and grab give civilians a reward on motorcycle to video crime in the hot areas tip off 911 operator and follow till cops pull over arrest them put in jail , if minors try as adults Mayor and chief should try this because it will work.
Keith can't blame the press for reporting the truth about SF, but thinks it's unfair they are picking on SF? The press should focus on SF, because the mayor and the board of supervisors are ignoring the growing problems. Airbnb seems like a way to earn extra money, not depend on it for your whole income to live. It's like driving for Uber or Lyft, it shouldn't be the only income you have because it's not a guarantee that you will even make enough to pay your rent or mortgage or other necessary bills and expenses.
nah nah nah, your not playing that game meida. the jig is up, why should people pay exhubrit prices for your rich neighborhood, not everyones problem anymore
Why do they not refer to the dismal economy as one of the problems plaguing the ENTIRE country? Who has $$ to travel, especially to a place you are likely to have to avoid stepping on human waste??
I don't buy those metric percentages one bit regarding the increase of post pandemic visitors to SF. 83% & 93% of pre-covid numbers, respectively? And yet hotel bookings remain down by 20% from that same period, and Airbnb stays are tanking as well. So these numbers don't compute. Maybe some of those tourists are living on the streets.
It's amusing Supervisors will do anything to avoid building diverse dense housing (see SOMA Youth teen housing NIMBYS this month). They blame Airbnbs, but amusingly Housing crisis happened before Airbnb.
this is fucking awsome!!! i hope they go out of business!!!!!
literally nobody feels sorry for them
Their cleaning fees are ridiculous.
What cleaning fees?
@@seeharvester the cleaning fees they add on to the airbnbs they host. The cost of cleaning vs what they add on just to make more profit. Last one I was in wasn't even clean so why the high cleaning fee. Im talking about SF Bay Area.
I stopped using AirBNB because there are too many fees. The cleaning fee is sometimes more than the daily room rate. Why do I get charges a service fee when the fee should come out of the landlords portion like it does with my long-term rental!
Boo hoo. A lot of those people evicted long term residents so they could make money on Airbnb. Karma's a bitch.
I don't feel a bit damn sorry for any of them.
A thousand thumbs up.
I am not sorry for them if they voted for london breed
Airbnb used to be an affordable way to stay but then the "Hosts" increased the rental for a bedroom to the price of a 2 star Motel 6. Right now the cheapest room on Airbnb is located in the Tenderloin by Gary and Powell for Two adults is $99 a night plus a one time $25 cleaning fee and $31.48 Airbnb fee . The Hilton in the financial district is $119 a night and you get your bed made each day. There are articles devoted to the topic of Airbnb owners who are on the verge of financial ruin after the over saturation of Hosts with Airbnb.
Thank you for such information. I feel no sympathy for the Airbnb hustlers.
AirBnB hosts are not struggling to find a home to live in. I believe they meant: “AirBnB hosts are struggling to find renters…”
@Joesmith-mg6xd All you have to do is look at what they're problematizing to know who they are talking to and who they're ignoring. Can you imagine if this piece covered the perspective of SF renters?
If she wasn't able to save up with 13 years full of bookings on airbnb then that's her own damn fault
Hotels are for visitors, apartments are for people to live in the city they work in.
I've visited SF twice a year for decades but stopped 5 years ago due to the crime. I'd not consider it today, it's worse than ever.
Definitely worse today. Even the most progressive types have to admit it, whereas 5 years ago they were in denial. I know because most of my friends and colleagues (in SF) are progressive. So yes that's how bad it is in SF today. This includes Oakland, Richmond etc.
It was just as bad 5 years ago. 10 years ago, 15 years ago. It's literally always been like this. Shut up.
Who wants to visit where u step in fecal matter and will get assaulted. Its not unfair there is plenty of footage of people using drugs and worse
It’s not worse lol. There used to be a lot more shootings , stabbings, and killings . It’s pretty peaceful compared to other big cities
Worse implies that it was always bad... maybe your just getting old
Many people do not have the disposable income to blow on vacations, no matter how brief in duration. Nationwide, massive foreclosures are evolving for those who splurged on the acquisition of properties for Airbnb revenues.
no no no problem is crime not price.
Its time to sell the short term rentals or rent long term.
Long term rental in this area is a noose around the neck. Can't increase rent, can't get the tenants out. Sell the home to owner occupied buyers so they can have some security.
@@eckankar7756then she can go bankrupt for being a snob.
So sad. The people who drove up home prices and rents for residents and took rentals off of the market are hurting.
She's lived in her house for 40 years and can't afford to stay?
She benefits from Prop 13 and should own her home outright. Airbnb bookings should be just gravy.
Yeah I was thinking the same thing lol like wtf is she be lying to the press
+1. It sounds like there's something fishy about the story. If you need to convert your home into an amateur hotel to survive after 10+ years, you probably have deeper problems.
If you need some extra cash, just get a roommate.
@@elig9401 After three years of an eviction moratorium? I know a person who rented a room to healthcare workers who were employed the whole time and didn't pay any rent for two years. You don't get rent and you get to pay for the utilities they use too. Who in their right mind would invest in rental housing in California?
@@mwatercress I owned multiple rental units in Seattle during the pandemic, where I believe we had similar eviction moratoriums.
There were occasional instances of abuse, and that abuse caused real harm to landlords. But my property managers indicated it was by far the exception to the rule.
@@elig9401not what appears in my California landlord groups. Total opposite
As a tenant this makes me happy. More housing for residents
sure. more housing amid crime waves. go ahead. pick your poison.
Actually most landlords have caught on to the terrible laws we currently have against us. Most will take a home off the market before they rent to people with evictions or bad credit scores. Renting is actually going to get a lot harder because of the pandemic moratoriums that showed just how evil our government can be.
correct. Some Airbnb hosts are decent people, just trying to make the rent with an extra room.
But others have bought up whole apartment buildings, cleared out, and turned them into Airbnb hotels. And THAT is not right in our tight housing market.
@@milascave2how isn't it right? People shouldn't be allowed to do as they want with their property?
@middleguy1776 It should be pretty clear that just doing what you want doesn't glaze over any and all choices, when they affect the lives of other people.
It is extremely difficult to feel bad for people like this man who is president of a company that has 40 short term rentals in the city that’s just great for people who want to go there and have to spend $1200 a night for a room. I honestly think San Francisco is getting what he deserves
Is San Francisco a he? I think it might be a they.
The least of their worries is the price, the crime is the problem. You people are just .
Freedman $$ the middle man
Can we talk about the lack of long-term affordable housing in San Francisco and compare it to this segment?
How many homes/units are owned by Airbnb hosts?
If Air B&B hosts spent less money on decorating their home with pretty dishes, fancy pillows, and whatnot, they might have more money. I remember air B&B was affordable because people were content with a couch to sleep on, and hosts were open to that. Now, greedy hosts are trying to compete as if they were a 5-star hotel.
And $50+/night "cleaning fees". Pure greed.
Similar to the Bed and Breakfast craze we had throughout nor cal in the 1990s. They are also better staffed hotels offering deals at the wharf and Lombard street.....
So u support large corporations over small business owners. How progressive of you.
Exactly.
@@middleguy1776 That narrative doesn't really work. Some smaller hotels are privately owned, as are some legal independent B&Bs. We used to love supporting airbnbs when they were new, on private owners' properties, with prices reasonable, not evicting renters. Now, just like using the large rideshare services, you're supporting the ultra-rich corporate owners who treat most of their "employees" horribly. You can support those billionaires or the Marriott hotel chain.
" while the crime and homeless stories are true, I think the media is picking on SF unfairly"😂😂
Maybe get real tenants, not try to get over on the market…
My wife and kids went for a day trip to San Francisco. I told her how dangerous and dirty it is but she went anyway. No one listens to me 😭
did they live to return home?
If she rents out her house to others, where does she live in the mean time?
I was wondering that, too.
Clearly she has another option , she would eventually “move” to that nest any ways
Reality is not bad press. SF is not as safe as it was period!
I live here in San Francisco, it's fine. Like any big city in America there's some crime, a lot less murders than most. No better city to live in the USA, maybe NYC for second place.
@@pwp8737number one city in the country…. for car break-ins. The city panders to the criminal class.
@@pwp8737probably also depends on what part of Sf you live in. I live downtown and it’s awful. Worst it’s ever been and each year it gets even more dangerous, dirty and demoralizing to live here. Seeing trash, needles, feces, drug addicts, dealers and half alive bodies every day takes its toll on you. 😢
@@lyndsay4153 I agree. I live on Nob Hill where there is little of the human tragedy you wrote about. Four times a year I have a reason to go to the tenderloin, and it is heart wrenching to see the misery. I've travelled throughout the world, seen much but not even the third world can compare to the tenderloin. But apart from the discomfort at the sight, I can't say I feel personally threatened.
@@pwp8737 SF is not fine. I grew up here 70's-90's and I still work Downtown. City was never this bad even during the crack epidemic, even when the TL and red zone areas were at its worst. Now there are tents in the residential area in the Mission District sometimes near schools. Mission St. is a complete disaster. How in the hell are they allowing street vendors selling alcohol and stolen products? Selling food on the Mission right next to homeless and fentanyl addicts?!
That’s a shame. They might have to sell these homes and allow them to go back into the housing market. It would be a real shame indeed
Airbnb is NOT a substitute for a full time job
Neither is social security but the country has CONvinced most people that it will be suitable for elderly people in their retirement years.
@@Mike__B From day one Social Security was identified to aid in retirement years, not be the sole source of income. People love to find excuses to not work, save, invest, buy a home prior to retirement and blame the world for being on a 'fixed income.' Who fixed it? I'm on SS, it's only part of my retirement income.
Are you sure?, What if you have 5 listings?
SF isn't cheap and all the additional fees Airbnb and the city of SF tack on, it's not much fun for people to come and visit. Lower your prices, slash the cleaning fees, and people will come.
No, starting renting instead there’s a bigger demand for housing than ever
@@pumamanta1771 There is, however SF is very much pro-renter as far as laws go and once you get a renter in you may not be able to get rid of them without a lot of cost to you.
Sucks for her but im glad ppl waking up SF is overpriced and inflation doesnt help either
Bad press? The press in on their side. Even the press can’t ignore how horrible the city has become.
I blame Airbnb for the skyrocketing home prices and cost of living. I hope the business collapses. We have the same problem here in Hawaii.
I cant imagine why people would not want to travel there? With crime, drugs, refuse, homeless and blight, what more do you want in a vacation?
uh. I was there last week, and it was really nice. You just don't go into the Tenderloin or SoMa/Civic Center.
how about none to few republicans dragging their knuckles down Main St with a Confederate flag.
Good for them! Shut down all the airbnb's in the city. Give the housing back to the people
Save that energy for the hedge funds buying everything up, driving up the price of real estate and creating the need for affordable housing.
If ya have to ask, ya can’t afford it!
She is part of the people, she's the owner.
It really is amazing to me when you see reporters like this and her opening line is how San Francisco tourism is returning. I have actually watched numerous RUclips videos from the middle of the day in San Francisco and tourists are not returning. Literally your city looks 2/3 empty and that’s thanks to your liberal sanctuary city policies and drug policies. Thank you San Francisco residence and leaders for constantly being the most liberal in the nation, you’re literally destroyed the city
I wouldn't visit SF. It's not safe.
IMO plenty of places to visit without some throwing waste at you and worse.
@@nicholasthompson7690good . We don’t want you here
I went to many tourist areas this past weekend . And it was filled up in every single area I was at lol. Looked like people from all over were in the city
Perhaps affordable housing will be a reality with thousands of empty apartments and homes available. Not bringing in 6,500 a month might mean a bankruptcy for some
How will that make anything affordable? And could you please define affordable as it correlates to housing.
@@middleguy1776 about 10% of this housing is bed and breakfast. The easy credit that allowed them to buy it all and profit handsomely with short-term holiday rentals has decreased available housing causing subsequent rises in cost on property values has all created a false shortage a properties to own as investors swoop everything up. They can't afford to rent that property for a normal rent, minus a handsome profit, it's not worth the effort to be even in the business renting out real estate backed by credit. A pyramid profit scheme Within the property Market pyramid. Like the richest Silicon Valley residents no longer able to pay their mortgages owing Millions on mansions with no income, laid off and fired with nowhere to turn, just like Pedro from Guatemala who arrived yesterday with not a penny in his pocket. Where are the investors now that Golden Village is filled with mansions for sale at prices below water and yet no takers, with investors focused on starter homes no new family with student loans deserves to own, paying triple rent instead that Rises competitively. Deregulation, empty houses, record homelessness. A distorted Financial default swap that brings everybody underwater, allowing billionaires to swoop it up for a penny on the dollar, once again. Like Donald Trump University, it's the banks to decide where to loan money and profit, not Humanity, is essential to the thinking process deregulated bankers leaving everyone else on the street. Adding thousands of units to the local markets, no longer holiday destinations but real housing with holidaymakers going back to hotels going bankrupt as well. A home for everybody was the focus in the 50s and 60s, today is Hunter Biden's pics that is the focus of the American agenda. Thousands of empty bed and breakfast Apartments only push-up the cost of Real Estate for everyone, including those that are profiting, most people losing their ability to keep up especially those making less than $200,000 a year and many make less than $20,000 a year owing thousands of dollars in student for an education that didn't get them the promised job, only debt.
San Francisco is very safe… for criminals.
You got that right. CA = Crimnal America
I hear Mar a Lago in Florida is swarming with shady characters that have committed some epic offences.
If they lower the nightly price and fees, people will rent
how about not letting people own multiple homes for rental properties
Simple, they’ll have their mama and their cousin buy them instead!
@@cipdamboianu5139i am sure there will beno trust issues titling property with relatives.....
Okay Adolf
What is there to see in SF anymore? It's too stressful. When I go there for events, I come home immediately afterward. There is no need to stay. It's basically just a place for tech workers, as far as I know.
Besides theives and drug addicts.
where is home? This is a beautiful city. Tons of great restaurants, cafe, bakeries. A great cup of coffee and a french pastry, take a cable car to Aquatic park, stroll the Fisherman's wharf, grab a historic streetcar to the Castro and watch the fog roll in around 3:30-4 pm most days. Strolling on Russian Hill with its breathtaking views of the Bay.
@@pwp8737 SF is a beautiful city. But some bad apples are ruining it. Visitors have to constantly watch over their shoulders. No long a relaxing experience :(
@@maywww and when you travel to NYC or Chicago or even L.A. do you let your guard down, flaunt cash while walking down the street and beg to be mugged? San Francisco has a very low crime rate in comparison to other major cities in the US.
@@pwp8737law and order!!
I just enjoyed a great vacation in SF last week.
With renovated, professionally managed hotels running $120-$150/night in Union Square (I paid $120/night + tax, no hidden fees), I can imagine that there's little reason for visitors to gamble on an Airbnb.
Hopefully some of the scarce housing that was been converted into now-unprofitable amateur hotels can now be returned back to homes for actual people trying to live in SF.
So instead of supporting an independent owner you support huge corporations?
@@middleguy1776 like the $100 billlion dollar Airbnb corporation?
@@elig9401 do they own all the properties or do they just run as an overseer for individual owners? So again you support corporations over independent owners?
@@middleguy1776 I support businesses who provide a predictable, high-quality product at a fair price - such as the independent hotel I stayed at.
I definitely don't support wealthy Silicon Valley venture-funded businesses run by billionaires overrunning my neighborhood, making a buck through depriving my neighbors and myself of affordable homes.
Airbnb "hosts" in major cities are often large real estate businesses pretending to be "independent" anyway. Numerous research studies by non-partisan organizations on this topic, you are welcome to read them.
Don't use Airbnb, never will. Done discussing.
@middleguy1776 do you know what capitalism is?
Love it.
Great. I hope this landlord can feel the pain theyve been inflicting on others by HOGGING UP HOMES IN A PLACE WITH A LOT OF HOMELESS PEOPLE.
Airbnbs were a mistake
I hate Airbnb. Also there’s no such thing as passive income
Yes there is.
There's absolutely a thing called passive income.
You couldn't be more wrong if you tried. Yess, passive income is real
Yeah, keep on voting to your kind of politicians - Karma.
San Francisco’s biggest down fall is income inequality. The divide between rich and poor and a non existent middle class equates to a dystopian society. Don’t let anyone tell you any different!
The writing is on the wall. It’s all downhill from here, folks. Smh
Good drop your prices!! 300$ for one night in LA is nuts
Who would they expect to feel “Sad” for these greedy ones ? Air Bnb was created to make hotel surge in place but , it becomes a hub for an incredible “Spike” price , cleaning and unidentified charges . We’ll get over it .
Met a guy from Canada who just went to SF for the first time at the beginning of July 2023….he told me the place was so dirty and he felt so unsafe that his family stayed in the hotel after the sun set.
I do not feel bad for Airbnb host. As far as I’m concerned they were a part of the cities problem that initially caused us to be where we’re at now. They have taken housing away from people who need it and turn those houses in the short term rentals, and now the economy is tanking, and people aren’t spending that much on their travels, especially to a place that’s crime ridden and filled with homeless and drug addicts. You own a home that is worth at least $1 million so if you’re that hard up, sell. It’s only a real godsend for you and you’re only looking out for you.
I feel nothing for a man who owns 40 short term rentals. He’s clearly profiting from renters/homeowners who have been driven out of the market by short term lease owners like himself.
Business tourism is down because of all the "houseless".... Sadly this state needs a hardcore conservative government ASAP to get crime back in line.... Affordablr housing, safe injection sites, compassion, and camping bans DID NOT WORK
Wow who would’ve guessed
Shrew them. Karma is a B! They kicked out renters and cashed in on tourists money. They are the reason for housing shortage and ridiculous rent increase. I hope the bank repo all their properties.
Haha u r just hateful. They will just switch to where demand is.
Wait til government owns all the housing and you will find out just hard life can really be.
I prefer the privacy of a hotel and free house keeping. For the price you pay for Airbnb you’re not even guaranteed clean sheets and the bathrooms are always filthy.
Bathroom is the most important part as it is where we clean ourselves. If it is dirty I won't trust other parts of the apt
San Franskidrow!
😂
inSane Fiasco
House the homeless.
In a quality institution for the mentally ill and drug addicts.
move to NYC, they'll pay you to house migrants
@@manonamission2000not anymore. As of today they have 60 days to vacate the shelters. The mayor is either giving up or has another dark scheme up his sleeves.
They destroy every environment in which they inhabit within six hours!
on the streets is what they want. They usually opt outta rehab immediately after check in.
No one feels bad for these ppl
Its not bad press its a bad reality and people know its bad and dont want to deal with their cars getting beoken in to or belongings getting stolen.
because those kinda things never happen anywhere else in America?
I never used Airbnb. It's more expensive than a hotel.
Hosts, have you tried *lowering your prices* ?? It's the easiest way to boost your occupancy rates. How can you stay less than 80% booked if you adjust your fees to what the customers are willing to pay?
I used to love visiting SF, but the last few Years it's really gone downhill, even before the pandemic everything was way too expensive, it was disgusting, crime everywhere, the smell of piss and shit hits your nose at all hours of the day.
Airbnb fees keeps going up, customer quality keeps going down and customer service is none ….
She better sell her place before the stupes implement a vacancy tax.
I'd rather do bed & breakfast in Afghanistan.
It's safer.
Enjoy.
Go ahead, no one's stopping you, fool...
Smart people leave California!
If youve been there 40 years and depend on airbnb... what did you do 10 or 20 years ago? Air bnb did not exist. Did you have maybe a roommate? Get a roommate. You're already sharing your house.
no to mention INFLATION is horrible....no one has any money....NONE!!!
people see the crime and don't want to come.. how do you not know this
I don’t feel bad for airBnB they shouldn’t be crying it’s a part of the game. I wouldn’t be mad if they all tanked rent the apartment to long term rental or midterm rental.
Has anyone investigated the cost and extreme fees from these “rentals.” Blaming “tough times” or the safety concerns of the city is inaccurate, bad investigating, and bad reporting.
Wow.
Great! Maybe that will free up some affordable housing for permanent residents.
Hard pass on visiting SF
it's the rip off prices, not the bad press
why is sound quality on tv news such booty?!? wild fluctuations in volume like loud fx and then dialogue at half the volume is not ok
They're getting exactly what they deserve.
no brainer. where would you choose to visit? go ahead, brave ones.
SF and CA in general is ridiculously expensive to rent. I’d say this city offers the least for highest prices around the country. At least Palm Springs can justify their $300 a night. SF hosts are smoking crack thinking anyone will pay those prices to come here to fentanyl tent city USA NO thank you!! lower your prices if you want bookings!!
I’m sorry but your full income and survival cannot be based on asking people to pay 3x a hotel price to say in your room sized apt where there are zero amenities, you’re charged a cleaning fee AND they expect you to clean before you leave. no. next
Economy is bad + the high prices
its a recipe for disaster
Are they dropping their rates?
The Homeless round them up send to hunters point shipyard for rehab , jail or one way greayhound back home The smash and grab give civilians a reward on motorcycle to video crime in the hot areas tip off 911 operator and follow till cops pull over arrest them put in jail , if minors try as adults Mayor and chief should try this because it will work.
Rehab for not having money?
Who thinks, "Hm...I'd love to vacation in San Francisco?
I would rather stay at a hotel with more security and not have to worry about cleaning before check out
Please e a quote from the police as to their exact policy on crime prevention
Is time to let mayor go and we need change new law...
Keith can't blame the press for reporting the truth about SF, but thinks it's unfair they are picking on SF? The press should focus on SF, because the mayor and the board of supervisors are ignoring the growing problems.
Airbnb seems like a way to earn extra money, not depend on it for your whole income to live. It's like driving for Uber or Lyft, it shouldn't be the only income you have because it's not a guarantee that you will even make enough to pay your rent or mortgage or other necessary bills and expenses.
nah nah nah, your not playing that game meida. the jig is up, why should people pay exhubrit prices for your rich neighborhood, not everyones problem anymore
Everything is totally booked up here in Idaho, and we’re a concealed carry state 😂
Nothing to see there 😂
@@travelnomad2128 right 😁 just the mountains, lakes, rivers and wildlife.
Airbnb fees are crazy. I switched back to hotels.
This is why ppl don’t have homes. Greedy ppl buying up homes and Airbnb it.
Why do they not refer to the dismal economy as one of the problems plaguing the ENTIRE country? Who has $$ to travel, especially to a place you are likely to have to avoid stepping on human waste??
Sodoma and Gomora lost its CHARM.
Not bad news, bad reality
well said
I'm sure this has nothing to do with the fact that airbnb and its cleaning fees are fucked
Boycott AirBandB. Unless you want all neighborhoods turning commercial. You can be evicted over taxes. Lose everything.
The market for AirBNB has matured. It's got competition let alone normal business problems. They charge too many fees.
Dirty filthy streets and crime won’t get me to go to SF and I live 30 min. Away.
I don't buy those metric percentages one bit regarding the increase of post pandemic visitors to SF. 83% & 93% of pre-covid numbers, respectively? And yet hotel bookings remain down by 20% from that same period, and Airbnb stays are tanking as well. So these numbers don't compute. Maybe some of those tourists are living on the streets.
It's amusing Supervisors will do anything to avoid building diverse dense housing (see SOMA Youth teen housing NIMBYS this month). They blame Airbnbs, but amusingly Housing crisis happened before Airbnb.
San Francisco is Dead End!!
Why would you leave your house! to pay and stay in another house?.