lemme in to Europe@feddit.orgEnglish · 3 months agoDrunk visitors, rocketing rents and homogenised cafes: living in Europe’s tourist hotspotswww.theguardian.comexternal-linkmessage-square8fedilinkarrow-up144arrow-down12
arrow-up142arrow-down1external-linkDrunk visitors, rocketing rents and homogenised cafes: living in Europe’s tourist hotspotswww.theguardian.comlemme in to Europe@feddit.orgEnglish · 3 months agomessage-square8fedilink
minus-squareSteefLem@lemmy.worldlinkfedilinkEnglisharrow-up7arrow-down16·3 months agoAh yes when i go on holiday somewhere, first thing i do is go to a property owner and demand they raise the rent.
minus-squarejenesaisquoi@feddit.orglinkfedilinkEnglisharrow-up12arrow-down1·3 months agoWhat happens is that owners throw out renters to turn the flats into airbnb places. Fewer flats for locals means higher demand means higher prices.
minus-squareBoinkage@lemmy.worldlinkfedilinkEnglisharrow-up7arrow-down2·edit-23 months agohttps://study.com/academy/lesson/supply-demand-lesson-for-kids-definition-examples.html#:~:text=Lesson Summary,-Our economy is&text=Supply is the amount of,want a good or service.
minus-squaredaddy32@lemmy.worldlinkfedilinkEnglisharrow-up1·3 months agoWhite I appreciate the sarcasm, the link provided is paywalled…
minus-squarefederal reverse@feddit.orgMlinkfedilinkEnglisharrow-up2·edit-23 months agoI don’t know why, but it does work for me. Screenshot
minus-squareidiomaddict@lemmy.worldlinkfedilinkEnglisharrow-up4arrow-down1·3 months agoYou stay in a location where locals could stay, if it weren’t more profitable to use it for short-term holiday stays though.
minus-squaredaddy32@lemmy.worldlinkfedilinkEnglisharrow-up1·3 months agoBut don’t the locals - by definition - already own a place? Is a big percentage of people in these places renting?
minus-squareidiomaddict@lemmy.worldlinkfedilinkEnglisharrow-up1·3 months agoIt depends on where you go obviously, but most urban centers have a majority renting population afaik.
Ah yes when i go on holiday somewhere, first thing i do is go to a property owner and demand they raise the rent.
What happens is that owners throw out renters to turn the flats into airbnb places. Fewer flats for locals means higher demand means higher prices.
https://study.com/academy/lesson/supply-demand-lesson-for-kids-definition-examples.html#:~:text=Lesson Summary,-Our economy is&text=Supply is the amount of,want a good or service.
White I appreciate the sarcasm, the link provided is paywalled…
I don’t know why, but it does work for me.
Screenshot
You stay in a location where locals could stay, if it weren’t more profitable to use it for short-term holiday stays though.
But don’t the locals - by definition - already own a place? Is a big percentage of people in these places renting?
It depends on where you go obviously, but most urban centers have a majority renting population afaik.