[dkirkman]

I think in general, it's very difficult if not impossible to realistically explore the counterfactual of "what would this property be if not for Airbnb".

However, in my neighborhood long term 12 month lease rentals most definitely seem to be being turned into Airbnb rentals. I live in Tahoe, so this isn't necessarily going to generalize to non-tourist areas. In the last five years there has been a steady conversion -- I personally know of four in my immediate neighborhood. (As in, they were long term rentals converted to Airbnb. I know the people that were kicked out of the long term rentals) When we'd recruit new people to Tahoe there used to be numerous options for local housing, things have gotten so bad that the company I work for opted to buy a condo to provide temporary housing for new recruits while they look for more permanent accommodations.

An additional (also anecdotal) data point: our realtor told us that investors looking to convert homes into Airbnb are very active right now.

On the plus side (potentially, not everybody agrees) Airbnb also seems to have converted a number of second homes that were previously unoccupied most of the year.

[stevenwoo]

Have the anti-rental things Tahoe done anything to curtail the local movement or is that not in your neighborhood?

https://www.sfgate.com/travel/article/Study-Tahoe-s-Airbnb-l...

[dkirkman]

Tahoe has a surprising number of jurisdictions! I'm on the Nevada side, so I don't have personal experience with the SLT enforcement.

Here there seems to be a fair amount of teeth gnashing about airbnb -- there are clearly more people in the neighborhoods and rentals for locals are now hard to find. But the homeowners think it's raising property values and are kind of happy that if they ever leave Tahoe there is now a pretty straitforward way to hold on to their property. The end result is not much happening.

The SLT ordinance is addressing the what I think is the major fear for many -- that a nearby house will become an unbearable party house. I think pretty much all of the Tahoe jurisdictions have moved quickly to ensure that doesn't happen. In our neighborhood, I've been told the sheriff responds in minutes to a noise complaint, and that the visit results in fairly draconian fines to the property owner.