zlacker

Tourist gives you such great returns on investment it doesn’t make sense to do anything else if you have capital

Yep, I'm considering buying a vacation home to Airbnb for this reason. I have mixed feelings about it though, because I don't want to be part of the problem. But I live in NYC and I can't move (shared custody), nor can I buy a suitable home in the city, meanwhile the national housing market is exploding. I need some way to hedge for real estate inflation, and vacation rentals have better ROI.

>>senord+(OP)
There should be easier ways to hedge real estate inflation than owning an airbnb.

>>dkaspe+Pj
I'm all ears.

>>dkaspe+Pj
Wouldnt a residential reit work for that? Bonus points for your risk being spread out over multiple properties.

>>senord+(OP)
I can’t blame you. Sometimes we know our individual choice is suboptimal but the system in place gives us no option.

I would keep looking. If you feel like it’s an ethically compromised decision, perhaps you’ll have a hard time to live with it in the end.