Airbnb is driving up rents. In Vienna on your own, two,000 apartments are becoming fully removed from the housing industry in get to hire them out to travellers. The town is now intervening and having legal action in opposition to Airbnb apartments in neighborhood housing.
If you wander all around Schwedenplatz, Spittelberg or the Freihausviertel in Vienna, inside of 500 meters you will go all around 100 apartments that are no for a longer time available to the ordinary tenants owing to Airbnb. This is a person of the findings of the researchers at the Vienna University of Engineering.
The on the net lodging platform’s slogan goes “Living like a Community”, but in actuality, their apartments for travellers are pushing the community populace out of their hives. Notably problematic is the simple fact that the Viennese municipally-owned apartments are also significantly becoming offered for subletting on Airbnb. Now household building councilor Kathrin Gaal is having legal action in opposition to Airbnb.
11,000 Airbnb’s in Vienna
In 2016 there have been by now over 11,000 Airbnb apartments in Vienna. About two,000 apartments are rented so regularly that they are no for a longer time available to ordinary tenants. This comes about notably regularly in districts one, two, four and 7, the place the central site means that they can be sublet at a greater expense. But also the regions exterior the belt are profitable. It is notably beneficial for Airbnb providers in the 10th and eleventh districts, which have rarely been employed for this function so far. This is the place the variance amongst regular rental and Airbnb rental is the best. The value variance also makes the municipal housing notably attention-grabbing, because the taxpayer subsidizes the cash flow of Airbnb hosts.
Vienna’s Authority in opposition to Airbnb
But subletting the municipal housing is prohibited to protect against these rentals of apartments for travellers. This is now becoming tackled by the housing counselor who demands that the platforms these as Airbnb and Reserving.com delete all adverts positioned at addresses of council housing.
“This variety of subletting of municipal housing is strictly prohibited by agreement. Everyone who knowingly requires advantage of a breach of agreement by a third get together is personally liable underneath the Federal Act in opposition to Unfair Competitors,” states her letter.
In undertaking so, it also retains the platform operators dependable and threatens to impose penalties if neighborhood housing proceeds to be offered there.
sixty.000 EURO by way of Airbnb … For every Month
In standard, this variety of allowing has made into a actual company. In full, all around eighty one million euros for each yr are lifted by way of the platform in Vienna on your own. But the cash flow is distributed really erratically. Two-thirds of the funds goes to the best 20% of the hosts. The best .four% earn at least € thirteen,500 for each thirty day period separately.
The Airbnb best earner on your own gets sixty,000 euros for each thirty day period. This unequal distribution of cash flow is also caused by the simple fact that the platform has moved far absent from its primary plan. From the unique plan of CouchSurfing, a thought the place people today share their residing place with the visitors and put them on the sofa – Airbnb is now miles absent from that. Lots of hosts have quite a few apartments and acquire or hire them only for this function.