I’ve been following the housing market in Aruba closely. Rick Moss made some great points about land scarcity and rising building costs, but I think we also need to talk about vacation rentals and their impact on affordable housing. When residential properties turn into vacation rentals, it means fewer homes for long-term residents, driving up prices. This creates competition, especially in popular tourist spots, making it even harder for locals to afford homes. Vacation rentals can also change the feel of our neighborhoods, with more transient populations and services catering to tourists rather than residents. Plus, the high returns from vacation rentals attract investors who might otherwise offer long-term rentals, which pushes property values up even more. Cities like San Francisco and Barcelona have tackled this by limiting the number of days properties can be rented out short-term and requiring hosts to register. I think Aruba could benefit from similar strategies to keep housing affordable for locals. Thanks for listening, and I’d love to hear more thoughts on how we can work together to make housing more affordable in Aruba.
I’ve been following the housing market in Aruba closely. Rick Moss made some great points about land scarcity and rising building costs, but I think we also need to talk about vacation rentals and their impact on affordable housing.
When residential properties turn into vacation rentals, it means fewer homes for long-term residents, driving up prices. This creates competition, especially in popular tourist spots, making it even harder for locals to afford homes.
Vacation rentals can also change the feel of our neighborhoods, with more transient populations and services catering to tourists rather than residents. Plus, the high returns from vacation rentals attract investors who might otherwise offer long-term rentals, which pushes property values up even more.
Cities like San Francisco and Barcelona have tackled this by limiting the number of days properties can be rented out short-term and requiring hosts to register. I think Aruba could benefit from similar strategies to keep housing affordable for locals.
Thanks for listening, and I’d love to hear more thoughts on how we can work together to make housing more affordable in Aruba.
Building upwards is the only right solution especially if the building is mixed use, it’s about time this urban sprawl stopped
Wuow is mooie stand
Are houses affordable in aruba?😊