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    Bugout Machine Subdivision Sprouts in Sunny California

    Started by Nearings Fault Jul 25, 2023, 06:08 AM

    Message path : / Planetary Material Conditions / Migration / Bugout Machine Subdivision Sprouts in Sunny California #13


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    Nearings Fault

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    • Space Cadet
    • Posts: 43
    Jul 25, 2023, 06:08 AM
    I don't generally find people who invest in real estate evil but the last decade has created a lot of moral ambiguity. Here is an article
    https://globalnews.ca/news/8754119/canada-budget-2022-home-prices/
    So, 30 percent of serving federal politicians have income property. That leads to some hazy decision making as far as I'm concerned if you have to regulate it. On a more local level I know of 3 examples of places that should be traditional basic rentals that are now glamped up air b and b setups. Hard to fault the owners as the people are there for only a few days and you make as much as with a whole month of regular rental, they pay up front, you don't have to worry about trying to evict serial non payers, the short term renters have set out rules about damages and responsibilities that would make a tenant landlord arbitrator apoplectic. Then there is seasonal cottages. They used to get rented out in the winter to a group of people who generally lived in a camp like setting 9 months a year then rented a better place all winter. Those setups dried up as more and more cottage owners decided the extra money was not worth the hassle. I don't think the local rules have caught up to the trends yet. If we cared about housing we would have insurers penalize the crap out of short term renters, cancel any kind of tax offset for second properties mortgage interest for starters.

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