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Real Estate Matters: Daily rentals in your neighborhood?

Original post made on Jul 15, 2017

Are residential neighborhoods prime to become mini-hotel locations? With advent of the "sharing" economy when individuals can sign up to rent their home or a portion of it on a nightly basis they risk that owners or their tenants will seize the opportunity to make easy money.

Read the full story here Web Link posted Friday, November 11, 2016, 11:30 AM

Comments (5)

9 people like this
Posted by Marie
a resident of Midtown
on Jul 15, 2017 at 5:12 pm

Marie is a registered user.

As long as Air Bnb collects to TOT tax and remits it to the city, the city administration has an active reason not to enforce the code. Explanations that the addresses are not listed on Air bnb are specious. It is easy enough to make a reservation and then cancel it after getting the address. It should not take six-twelve months to shutdown the more egregious rentals.

I doubt many people would complain about the occasional rental of a room in someone's house or even the entire house, if the renters are quiet and park onsite. It is the rental to large numbers of people with one car per person and rentals to those having the loud parties that get the complaints. If the city cracked down on the most offensive rentals, then the remaining rentals would probably not cause any real problems.

9 people like this
Posted by NIMBY
a resident of Duveneck/St. Francis
on Jul 15, 2017 at 11:06 pm

There is an Airbnb on the next street and there are constantly cars parked around the house and across the street.

We can't count on consistent quality of residents when people rent rooms. Someone in our neighborhood had the intelligence to rent to two felons. PAPD was often at the house.

We are a suburb. I don't want strangers and additional cars parked on our streets.

Like this comment
Posted by Mooky
a resident of Old Palo Alto
on Jul 16, 2017 at 12:30 pm

[Post removed.]

9 people like this
Posted by Barron Park-er
a resident of Barron Park
on Jul 16, 2017 at 5:35 pm

Our old neighborhood has become much more transient. Houses that just 8 short years ago held families that our kids went to school with, are now filled with unrelated non-family renters and what appear to be incubator housing (hacker houses and start-ups much like what we see on the show "Silicon Valley").

We take a walk every morning along the streets that were once walkable even though we have no sidewalks, but now the same streets are completely lined with cars (due to the overcrowding of the houses) and it's getting really unsafe to walk on the street (past all the parked cars) due to the increased volume of the speeding traffic (which I can only assume due to apps like Ways re-routing the El Camino traffic onto side streets like our neighborhood.)

Its sad.

We decided to leave.
Its not a good place to live anymore.
I wonder what this area will become like when you lose families like ours and you replace them with the transient rental and pack-em-in occupancy. The road congestion is no longer limited to 101 and El Camino. Kids can no longer walk to Gunn or Terman safely.

Who would want to live here now that homes have become nothing more than a roof over a desk with internet and a bed ?

So Long, Palo Alto.

1 person likes this
Posted by xPA
a resident of another community
on Jul 16, 2017 at 7:54 pm

I sold my house and moved out of Palo Alto in 2015.
Stories like this continue to help remove the sting the large capital gains tax I paid. I am sure to get more pain relief in the future.
Thank you

Sorry, but further commenting on this topic has been closed.

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