"Generally the more owner-occupiers, the better the building."
Same from my experience on the east coast. I will assume that's universal.
"Renters don't tend to look after properties, tend to be less mindful of behaviour that impacts the neighbours (parties, etc), etc."
Once again true from my experience. And here we aren't even talking about longer term rentals. We are talking about days and the fact that you could literally have 50 to 200 different occupants per year greatly increasing the chance statistically that there would be some people who might cause problems.
"you are raising the risk of damage or theft to the property of others by bringing a stream of strangers into your home."
Iirc, while the Fred Wilson emails with PG regarding airbnb didn't reveal this I feel that this fear of strangers and what they can do played into his thinking as far as not wanting to invest in airbnb. It was my gut immediate reaction.
And remember, in those mails, the idea being discussed was the risk to the apartment owner of having their stuff owned. But in many NYC buildings --- including the NYC ABNB rentals I've had --- access to the apartment includes access to the front gate and the front door; in other words, it creates additional access to the apartments of every renter in the building, whether or not they themselves have opted in to Airbnb.
By the way there is also the chance of the renter having their things owned.
If I stay at a hotel there is at least some control over who can enter my room and presumably key card logs, as well as videos showing access (and a safe in the room). While this does not provide absolute security obviously, I feel more safe leaving my laptop in a hotel room then in someone's apartment where anyone (old friend or perhaps the super) could have a key and something could disappear.
Same from my experience on the east coast. I will assume that's universal.
"Renters don't tend to look after properties, tend to be less mindful of behaviour that impacts the neighbours (parties, etc), etc."
Once again true from my experience. And here we aren't even talking about longer term rentals. We are talking about days and the fact that you could literally have 50 to 200 different occupants per year greatly increasing the chance statistically that there would be some people who might cause problems.
"you are raising the risk of damage or theft to the property of others by bringing a stream of strangers into your home."
Iirc, while the Fred Wilson emails with PG regarding airbnb didn't reveal this I feel that this fear of strangers and what they can do played into his thinking as far as not wanting to invest in airbnb. It was my gut immediate reaction.
Edit: http://blogs.wsj.com/venturecapital/2011/03/17/fred-wilson-o...