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I've been inactive for quite a while because I'm in the process of renting a house. I don't know how easy it is in other countries, but here, it's an extremely time-consuming and nerve-racking process. I spent more than a week in the streets without any success.

I know for a fact that many tourist-oriented cities across Europe are facing similar issues due to the increasing supply of Airbnbs and the increase in digital nomads over the years. This is rendering the situation uninhabitable for local residents, who have to face the constantly increasing rents because homeowners prefer to rent to tourists and digital nomads, who have a much higher spending capability. On the one hand, from homeowners' points of view, it's understandable; they want to make the most out of their property, but on the other hand, locals will ultimately be forced to leave the city or live in poor conditions.

For instance, a typical example of how much remote working has spread in Europe and Greece specifically is the following: The official digital nomads Facebook group used to have less than 5,000 users approximately a year ago; now it has over 34,000, which doesn't necessarily mean that all these people live in Greece and work remotely, but I'm trying to emphasize how broader the issue is for locals because there's an increasing interest in short-term rentals. I remember a few years ago, the local newspaper was filled with housing listings, but after the introduction of Airbnb and short-term rentals, this has changed. Not only is there a lack of housing due to the increasing demand and the constantly decreasing supply, but those that are available are too expensive and, in some cases, unsuitable to live in due to how small and improvised they are. My previous apartment was in the basement and suffered from serious humidity and mold issues.

The average rent for a one-bedroom apartment in my area is about €400, which is still far from being perfect or ideal, often lacking basic utilities such as proper heating or a solar water heater, which is a must for the 300 days a year of sunshine we have. I know that compared to other European cities, this amount of money sounds insignificant, but when the average salary is approximately €700, you can wish yourself good luck living alone. No wonder almost half of the population aged between 18 and 25 still lives with their parents.

In my opinion, it's doubtful that this situation is going to improve anytime soon. Touristic cities are bound to suffer from a lack of available housing for long-term rental, and Airbnb can no longer be regulated in order to create a balance between locals and tourists. What do you think can be done in such cases, and what would you do on a personal level? Move out, stick to paying an extreme amount for housing, or live in a substandard apartment hoping to find something better in the future?

I will like to reply to two points here, the first one is your point that Airbnb could not be regulated again, while the second is the summary of the whole thing if short-term rentals are to be blamed.

Well, Airbnb and other similar businesses can be well-regulated, but some governments might not be willing at that time, and it's often late before the government intervene.

Also note that this is business and also good for tourism, though it's causing housing issues because property owners might want to maximize their profits, which is normal. It's simple, it's a matter of more demands than availability, this is where the government should take action by encouraging investors in that sector, and by providing access to more facilities that will not only encourage the government to provide housing units but also encourage mortgages and real estate buoyancy in the country.

There is a housing crisis in all major cities around the world, and it can be said that prices cannot be controlled, which are subject to the principle of supply and demand. Less offers and more demand. On this basis, not everyone is able to find adequate housing in these cities. Here are some ideas that might be helpful:
- The suburbs of these cities may be less expensive to rent in agreement with a housing partner. This would be a good option with a car or public transportation available.
- Governments usually provide social housing at prices commensurate with the financial capabilities of the middle class. You may seek to obtain one of them.
- If it is possible to change work to less crowded cities, the chances of finding suitable housing are much better.

Regards to your stress in trying to look for a house for rent, you can't do it alone. You need agents or Airbnb depeion what you are looking for.

Housing is such an expensive aspect of life in this time around and you know many investors have gone into such business and that is why you see the short term rentals making much money, it is about the business and profit for them. Across the globe, short term rentals make more money than the long term accommodation and in some area what you see is just the short term rentals. This is where the government has to come in. They need to build more houses. In the past in Nigeria, it was the practice that different state government built houses for the civil servants and others housing estates that where put on rent, mortgage or lease. Some houses were built by government for outright sales but I think this time around, the government isn't focusing on proper housing regulation because then there was Federal Housing Authority (FHA), I don't know how active that authority is now.

Some years ago I wanted to travel to Lagos State in Nigeria but I couldn't because of this same issues, (lack of apartment) lack of houses are becoming annoying thesdays, is good for an environment to develop but if any city is well developed it will be very hard for the poor to stay there because they can't afford to pay for rents and other things.
Nowadays people who have little money buys a small plots of land and live it for some years and when the locality starts developing they build or they sell the land hug amount of money  and it's becoming common this days, its a pity for someone to stay in a place where he's not comfortable because of rent (not having enough money to rent an apartment sortable for you).
In some places after paying for rents you still pay agent fees and some of this fees is more than the house rents.

Personally, I don't understand the housing system because most of us live in rural areas and rarely travel, even if I go on a trip to a remote place once a year. Let me argue from the point of view of tourists or tourists in terms of the availability of places that have been prepared by tour guides, here maybe I will comment on the very expensive price of lodging, traditions like this are commonplace when we visit tourist attractions. Usually there is an alternative to having friends or acquaintances in the rental housing sector so that they can provide affordable options. Once again, when the location of housing or rental houses is strategic, we cannot deny that the price will be more expensive. For this reason, while my family and I are traveling, we always make sure that lodging is included in a tour package so that we don't have to pay twice the cost.

I live in a countryside in SouthEast Asia, in here the it's kind a the opposite because subsidize houses - a 62m2 house not apartment - are oversupply, hundreds of those small houses are empty no one wants to buy them, since the area are not developed and lack of public facility. Thing is different in the city, the rent went up high. I guess people are still going to the office daily in here that's the reason why the city is still overcrowded.


Tho I get your point, but those tourist are not only one to blame, I would blame the landlord, app creator and the government regulator first, those tourist used to stay in a hotel, and they are totally fine with it, until the airbnb came and people choose what's cheapest.

I believe that it's too late to intervene, thus, they simply let it be. It certainly is good for tourism but we can't let locals aside, tourism is a great industry I don't believe the opposite, but it has gone out of hand that's interfering the locals negatively.
Usually living in the suburbs worked, at least in the past, now, even the suburbs have developed so much that it's almost no different than living in the city. This surely depends on where you live, this might be an individual case in my area. The condition to receiving government assistance is usually against you too, there are some requirements that it's hard to qualify, but that's a lengthy discussion for a different matter. Moving to a non touristic city may be a better solution, but like all options, it has major disadvantages too
Real estate agents here suck big time, they are the absolute worst. The majority of them don't do anything more than create a listing on the internet and forget about it. You have to chase them in order to assist you and show you the properties, when it should be the exact opposite. Agents should listen to your needs and assist you to find the optimal property to rent. It used to be that way, but the recent demand in housing lead to a massive increase of so-called agents that lack the skills and the professionalism to be of any help.

In my country and the place where I live now, the situation is much better. There are various options for rent, which start from $ 300 per room and reach an average of $ 700. You can find suitable housing for a small family for $ 2,000, while the average salary is about $ 6,000 per month.
Therefore, a young man and a newly married man can rent a suitable space for his family, but finding a large space is the problem, as most of the dwellings are one or two rooms and are not suitable for forming a family.
You can find larger areas in the countryside for the same price, but this means losing 4 hours of your day due to traffic and distance.

I think problem is common everywhere if this is the case in western side. I mean this applicable to most of the metropolitan cities. There are two cases either the property is very costly or the property is not available at all. This is what happening everywhere and it will even become worst as we move forward. Students are increasing in number, many properties are also rented by them in groups so they are not available for the families. In many cases people like to stay in the community based circle but when it’s students around it’s chaos so they usually has to compromise such areas. There are actually many filtering criteria that needs to be understood before one can rent to be honest. I feel you in this case.

If I may guess, you must be looking for a house to rent in a big city that is very densely populated. Tourist attraction to big cities will continue to increase every year, moreover these cities are full of beautiful tourist destinations. It's very difficult to find decent housing in a big city, you've looked everywhere and spent a week but to no avail.

Along with increasing demand, the supply is also getting higher, for people who are in the upper class of the economy are not a problem with that price. But for people who want to find a long-term residence, they should think twice about reaching an agreement with that price, let alone the reason for seeking sustenance in the new city they want to live in.

Most governments in Europe need the funds that tourist brings to the country. The revenue from tourism is huge and many nations will continue to formulate tourist-friendly policies to attract more of these digital nomads. We are also facing the same issues in my country because of rural-urban drift. You have few options because this will not change very soon.

You should consider moving to places that are less attractive to tourists. These areas will have available and cheaper houses. I know it will be a problem maybe considering the location of your job. But if you work online, it will be a good option. These areas might not be as comfortable as other good cities but you need more money to compete with tourists.

Another option will be to increase your income. If you have more money, you can afford any kind of accommodation you want. So if you can get another job or get a new skill, you can earn more to pay higher rent.

This is a problem primarily in western countries while it's not such a big deal in asian countries. I cannot understand what you are going through op since I have never faced such a situation in my life thanks to my owned home.

My advice for you is to stay in a shared accomodation like hostel etc and save money until you are capable of shifting to a great home later on.

I concur that Airbnbs have artificially kept house prices high, obstructing a healthy market. Some non-locals in my tourist-friendly town demanded that the city not impose any restrictions on the number of Airbnbs so they could purchase homes they couldn't afford and then convert them into Airbnbs. To put it another way, they "could" afford a $2.5 million property if the city let them to convert it into an Airbnb but they "could" not afford the typical $1,200,000 home. The disaster, which is the housing crisis is already happening. Following damaging "get rich quick" schemes, the rest of us are left to clean up the mess. There should be laws made against this.

In your specific case, there is no doubt that this is true, as well as in any tourist country, where real estate owners in tourist locations make more money by renting out their properties than by renting them out to the local population. Given that I live in a similar country, I know how things work and unfortunately you cannot force anyone to rent or sell their property to anyone, and that would actually be wrong in principle.


Everyone has their own preferences when it comes to the environment they live in, but I would personally look for a quieter location outside the big cities where the prices are the highest. Of course, this raises the issue of distance from the workplace if it is located in the city, but sometimes you cannot have cheap and ideal accommodation near the workplace.

When it comes to tourism and climate change, I have read predictions that summer temperatures will be higher and that this will affect everyone involved in tourism, especially in the Mediterranean, where this summer broke all temperature records with extremely strong storms. The question is whether you can wait for it and whether you should even hope for it, because tourism is very important for your country.

For country-level solutions, it's simple, build more! More housing than demand lowers the price making it more affordable.
Do nothing solution and wait, another thing that will work since the law of economics will start biting also, there is an influx of cash to the homeowners, there are people who spend more, thus prices in that region become higher, once the price becomes higher it becomes less attractive for most digital nomads who do this for cheap housing and start moving to the next city.

On a personal level, nothing that you can really do without compromises.
Earn more spend less or move away!


Because you pack 100 houses in 100 sqm?
The average house in Spain is 95 sqm, it's 43.6 in China 47 in India, and 39.2 for the Philipines?

Hostel accommodation is not advisable for op based on what he shared. Hostel accommodation is also part of short term rentals and that is expensive to take care of. Those who stay in such kind of accommodation are those looking to seal a business deal as fast as possible and they require short term rent, those that are schooling for academic certificate in a location far from where they are living, those that are expatriate and tourist.

All I'm thinking while reading your post was buying a two or three bedroom house on loan. Occupy one room and lease the rest so that would help you pay off the debt and maybe have some excess for taking care of utilities. I don't know the situation of real estate in your area so maybe try to inquire and then crunch the numbers.

Generally housing are too difficulty to rent especially when you wanna change your apartment to a newer and a more better than the previous, and you ought to face lots of challenges in securing a comfortable apartment for yourself, I could remembered vividly sometimes earlier this year when my husband was looking for a newer and bigger apartment moving from our self-contained apartment to a one-bedroom apartment.

He started sourcing the apartment since from last year December and we lived close to a university where students always occupied most of the apartment and especially those students whom there parents are very wealthy doesn't hesitate to secure an apartment because to any amount those house owner places their price student would rent it without any waste of time or even slightly want to negotiate price with house owner, and to any amount they are willing to pay without minding or having to consider those who are living or even those that are to come because they already set a standard for rent in that region and, the worsts part of it is that they always increase their rental in every year without considering the inflation and to compared with the average salary of some worker.

Even as that most people always ends up spending their entire savings in housing and how do you think this people could meet up in life because I know too well that they must save and, apparently any worker who doesn't save do not really securing himself or her family a better life as I believe that there is always a challenges to come, although despite people do not pray to face any problems in life but we most act on a predictive aspect of life to always have a backup when the time shall comes.
Yes! This could be true or not but is something inevitably that we must face in life, especially when it comes of house renting and properties.

To be frank with you, and also I don't know your condition to be single or married but I am on the opinion that you could still remains with your previous apartment and only if you think you can inhabit there then back down and remain over there while you work and save money to secure a better place for yourself. All less you have a family where that place doesn't longer contains you people maybe you feels uncomfortable whenever you finds yourself inside same apartment, yes this could likely be true but you don't need to over stress your or having to compete with the tourist those who spent money without having to determine whether others are up to such standard.

Off course, they don't have to consider because they're not in same shoe with you so they can spend their money however and whenever they feels like spending and it could be in an expensive things, luxury, maybe cars and on whatever they feel is attractive to them without humiliation.

But for you not to be intimidated you don't have to live in same locality with them maybe you could find yourself over an area where you feels is more conducive for your standard and way of life, unlike us over here we do our best not to live a stressful life or being on a competition with those whom we think we can't compare our standard of life to theirs.

I work and reside in an area visited by millions of tourists annually, and most of them come to see the actual events and rent apartments, and I had a partnership in a neighboring area, in which the last year’s world cup took place, as millions of people visited Qatar for the first time, it is a small country, and the number of tourists greatly exceeds the number of citizens and residents, I can understand Your problem, but mostly tourists tend to choose areas close to the airport, which are very safe and that enable them to reach tourist destinations directly without complications in transportation. From the train station or near a tourist attraction, and so on. And the 10-minute is considered as a sport, especially if you are young and live alone.

If that were to happen to me, I'd probably stay in an average apartment for a while, hoping to get something better. The government will not remain silent seeing its citizens like this. But we also can't expect the government to immediately work on building housing for its citizens who need it. It may take 5-10 years before the government will make the housing but it also depends on your country's economy.

If the government only cares about tourism rather than its people, sooner or later, the government will get demonstrations from local residents asking for decent housing for them. And when that happens, the tourism sector will be hampered and things will take a turn for the worse. If the government is observant, they will try to open up new land for housing so that everyone can move to a new location and slowly, this housing problem can be overcome.

The situation in every country is different and I don't really understand what the rules are in your country. But I'm sure you can solve the problem well. You can rent a small house that is enough to accommodate your family. And later, if there is a better place and you have the funds to rent or even buy it, you can buy it.

I understand what you are passing through and the same too happens here where short term tourists have taken over good apartments because they are ready to pay huge sum of money and for comfortable apart making things to be hard for those that are residents of the area.

I could remember when I left one of the busiest city in my region gor something crucial. Then renting an apartment was not that too expensive although it all depends on the location. But now because of so much migration of tourists and expatriates, apartment in that same city is 2 to 3 times higher than what it was before when I was still living there. Things are expensive now like building materials and others making new apartments to be more expensive that what it was before.

That is a tricky situation. Indeed, a tourist destination will attract many digital nomads to live there, which will drive the prices higher around that area, especially the hotspot place. If there is no obligation that you currently have to stay in some specific places, I believe moving out is a viable option.

Nevertheless, in case you have to stick in the city, I would consider finding a cheaper accommodation as you have said, but try to address the humidity and mold issues, say by buying a de/humidifier, but eventually if it is affecting your health and comfortability, there is no other option to stick in the high-priced area, with a caveat to keep routinely find a better opportunity whether it is a job or an accommodation.

To be honest, I would like to invest in these kind of housing where I could use them as rental to have passive income. Of course I would put some money where I risk it all because what if there's no people would rent it right? For sure I would rental it with a affordable price. But how come I could buy a some houses if there's lacking right? I think here in the PH, there's a lot of newly subdivision that are open for everyone to buy. It might not be applicable for some countries but I think the main reason for lack of housing is people would buy some commercial space just for short income. Because here I have seen a lot of houses have been demolished and rebuild into some newly mall of course in the mean time as commercial space adapt more then there would be no space fo housing.

As someone who went through that process in several countries and 10+ cities, I can assure you that situation is not better in the rest of EU, and  not even in the countries like Germany that are not touristy oriented like yours.


It all really depends how attached you are to your hometown (I guess its your hometown) and are you a risk taker. On a personal level, I would probably move out but only you can make that decision.

Housing and estate business is not a passive income generating business. It is a huge business that is also cash intensive. It is the business that you may not encounter loss if you go further to insure it.


Buy a home today if you can afford it. The value of houses always appreciate.


Houses could be in shortage because the government is not doing enough to support.


This is possible because if you build homes to live in business areas then people won't like to rent them. Houses that can be on short rent could in business areas or commercial areas.

AirBnB is only part of it. Post COVID the demand for housing rose in just about every market across the world. There was a housing bubble that was created when people began dumping their money into real estate to avoid inflation, and some of the investment firms did the same by purchasing up entire neighborhoods in order to rent out homes for long term investments.

There isn't really anything the average consumer can do but for moving to an area with lower cost of living.

Certainly, I'm not fond of large cities, and I'd honestly prefer to live in a more suburban province that would be less touristy and crowded. The issue with that, however, is that I live on an island, a large one in particular, and all of it is practically touristy. Thus, I can't simply move to another area; even the nearby villages have little to no housing left because people found them to be an affordable solution already.

I'm guessing that you can probably relate too, since Croatia has seen a massive increase in tourism in the past few years, and locals, especially in touristy cities like Dubrovnik or Split, are possibly suffering from the same issues.

It sounds simple enough, even though that doesn't directly solve the housing crisis, as newly constructed blocks of flats are usually sold for personal occupation and are subject to extremely high prices. There's a block of flats being constructed here as we speak, and all the apartments have already been sold at extraordinary prices for the average citizen. So yes, the solution is pretty much to spend more or to move away.
The issue with my current house is that it's way too small to accommodate two people living in it, and larger ones are either way too old with issues or way too expensive; it's like there's no middle ground. The government has proven multiple times that it doesn't care about its citizens at all. I'd explain in more detail, but we'll derail from the discussion, and this matter would only require another thread by itself.

There is another solution that I forgot to mention in my previous comment, and it is related to finding a roommate or more, and thus it is possible to buy a more expensive apartment, but the share of each individual will be less than if he rented an apartment alone.
On the other hand, and according to what I understood from your words, you have a job in a vast city with an average monthly income that does not allow renting an individual apartment due to the high rental rates. At the same time, you cannot move to the suburbs for the same reasons, and your qualifications do not allow you to enjoy social housing. correct?
What are you doing in this city so far, and why haven't you looked for a job with better conditions and income? As far as I know, people like you prefer to live in small towns where life is quieter.

Lack of housing is not the issue, lack of funding is the issue. If you have a nation with over 200% houses of what you need, as in there is enough to go around for everyone and then some, and yet only the top buys them all, that results with some people not having a house anyway.

This is why government should always make some houses and rent them for near free levels as well, I know some will yell out socialism because of it, but if half of the world runs in a nation where hospitals, schools, firefighters, police, military and many other things are paid by the people with their taxes, why not have a single government construction company that builds cheap houses in some distant place for everyone to live if they do not have a home.

Government may not build houses for near free but in a subsize level that the rent will gradually be deducted from the monthly payment of workers until the rentage is fully completed and paid for then the house becomes the property of the worker. With such practice, the worker is free from housing problem even at retirement but this practice is fast disappearing because government is failing in her responsibility. Usually the shelters of  those agency of government or parastatals you mentioned were suppose to be under the government but for now most of them take care of their shelters, especially in the capitalist economy.

That's nothing compared to buying a used car. I've spent 6 months before I bought one.
When I was looking for an apartment It took me a week and the first one I chose was the one I ended up staying in for another 5 years. Maybe I got lucky.


Maybe your problem lies elsewhere... It seems like you simply don't have enough money to live in normal conditions for the area you chose to live in. Let's say you're from Romania and decide to move to Luxembourg. A minimum wage job there, although being much above the Romanian average, will not buy you an apartment. You'll have to rent a room.

Pretty low for a EU country. Most countries here are above 1500 EUR a month. Maybe you mean minimum wage, because that can be 700 net, but I don't know any European country abut for maybe Ukraine and Belarus where average wages are that low, but you said that it's tourist-oriented, so obviously we're not talking about these countries.

If you are on such condition, then do you really have other choice? No you wont, except if you do able to buy up your own property but since we are looking for something to get rented but due to unavailability or high cost
due to various reasons then it would really be ending us up on a situation on which it would really be that hard to find one.If you do earn less than in a month and paying up rent almost consume more than half of what you earn then it do really leaves you no choice. Despite on having on lacking those common features or necessities of a certain rented out but you would really be needing to deal with it even though it is really that against your liking or preference but since you are earning sufficient enough for living then you would really be that sustaining that despite of the hardship. How much more if you do have your own family to raise and live with?
This is why tons of people are thriving to earn more because on the time that they would be able to make money on huge scale the renting out or even buying your own property wouldnt really be a problem but since we are on the reality side of things on which not all would really be capable on doing so, then we would really be needing to make up those kind of adjustments even though it would really be that hard but since we dont have no choice then lets deal with it.

Cheap houses are good, but there are costs to maintain and improve them. These broken elevators, dirty yards, poor infrastructure - these are attributes of cheap housing.

Regarding renting - once you lose your job, you may not be able to rent a place - what should you do then?

Although I understand your point, buying a used car and renting out a place are two completely different things. Both, however, are time-consuming and nerve-racking processes because, in both cases, you'll find an abundance of lemons. Theoretically, my partner and I have been on the lookout for a new rental house for over 6 months; we haven't been actively looking till now, but it's fair to say that nothing worthy has come up yet. The previous house we rented was in another city, which faced an even larger issue with housing: there weren't any available; your only chance was through word-of-mouth, no advertisements or anything. Thus, you're pretty much stuck with what you find. Where we currently live, there are a few houses available, but most of them are either too small or too expensive for what they offer.

Greece's minimum wage is €670 for all-year-round occupations, and the majority of businesses offer the lowest you can get. The average you'd receive is about €750–€800 because the minimum wage is for 40 hours of work per week and most jobs occupy you for at least 48 hours, which is practically 8 hours of overtime work. You can receive a greater salary if you work in the tourism sector, averaging €1000–€1200 per month for approximately 6–7 months at most. Then, you'll receive 3 months of unemployment benefits (€468 per month) until you return to work.

I'm already living with my partner, so we're splitting rent and utilities; however, that doesn't change the fact that €400 for a small apartment is too much when the minimum wage is so little.

In the end people keep on blaming the government for their financial inequality which causes them to face some problems in their social life. I understand your feelings - but the government will not be able to change the fate of all its citizens 100% and fulfill all the wishes of its citizens.

At least we are responsible for ourselves rather than depending on government policies that favor us. Of course we can expect the government to be able to solve all these problems thoroughly – but our destiny is our own responsibility. Ultegra134 - governments care about their citizens, but sometimes they can't touch every citizen with favorable policies.

It's unfair to put all the blame for this problem at the shoes of any one group and it can be an extremely dynamic situation. Short term lets may be the problem with housing in certain cities or smaller areas, but ultimately it is a failure of regulation. In a free market you have to accept that these sort of situations will occur, only by government tweaking the incentives and penalties will you be able to counter this activity. If a landlord can make three or five times the amount from selling a short term let, which they're able to fill up, then that should be their choice but they should pay a much higher penalty if there is evidence that they are distorting the makeup of the surrounding area substantially due to this expensive rental service.

That is true, on a personal level, you need to resolve such issues because the government can't address all those problems.
They can only do so much for its citizens, and the rest is the hard work of its people.
If you think you are not earning enough, look for alternative jobs that can add to your income.
And find ways how you can get out of your situation, like saving or find a low-cost housing. It would take time, but you need to do your work on this.

The facilities and the amenities are very important to attract renter, and if your developer is not good enough with this for sure it will be hard for you to market your unit.
If you're renting, then having your stable income is advisable so you can still protect your dignity as a renter.

If we are talking here about the lack of housing from the government, then I think its wrong to fully depend on them, there's a lot of private developer in my country and we are already congested and the condo units are rising every year, there's a lot of supply already but the demand is declining, and the result is cheaper rental.

The problem is too complex, it is true that companies like Airbnb are part of the problem, however the problem is way deeper than that, due to the high inflation we went through due to the pandemic houses became more expensive and now more people are interested on renting, increasing the demand, however less houses were sold due to the higher prices reducing the supply, and now homeowners want to pay for their mortgage as soon as possible and they need to make as much money as they can while reducing the expenses their properties generate, and when you put the whole picture together then it is clear why this is happening to you and why if anything it could get worse during the short term.

Well, you said you believe is too late, but it doesn't translate to the fact that it's actually too late, it's just your own belief. That's why I now repeat that it's not too late, there is no problem without a situation but the question is whether the government and the citizens are willing to give a solution and be patient with it and whether they even have the solution at hand which is the most important part.

The issue citizens are facing in many countries is either the bad policies of the government or their inactions when they suppose to act. But it's never too late if they can go back to the drawing board and get it eased, it will only take time. Yours is not the first.

That's simply because it's in an area with little supply, and building a little doesn't expand the supply enough to bring prices down significantly.

I think the Airbnb phenomenon has been seen all over the world, and digital nomads is a growing phenomenon as well. If you are looking to rent in a city where prices have gone up because of it, you have several solutions, go further away from the center, and even to towns several kilometers away from the city, or rent something smaller or look for a way to increase income and be able to pay more.

What happens is that you see that your parents were able to pay for a house in a few years in an area of your city that is now considered downtown and where you can't even pay the rent. Well, you have to adapt to the new reality and act accordingly.

It's mean those people are better than you because they can compete against the locals, if you think earning €700 isn't enough, what about them?

You need to improve your skill in this competitive world, you can't just sit down, scrolling TikTok and wish something miracle you will get promoted to earn higher wage. There's no one should be blame, the strong people will win and the weak people will lose, that's a nature.

I understand your point, but trust me, I'm not one of those people who constantly blame others; constant whining is something that I hate myself for. I can afford to pay €400 or even more for rent and get by perfectly okay due to the forum and my living with my partner. We'd do just fine; is it ideal to spend more than half of our salary on housing, though? Definitely not. I can present you with numerous cases of government negligence to the point that it's disturbing and criminal. I'm not expecting a government to find the go-to solution for everything, but to at least respect their citizens and assist them in having a proper life, wherever that is possible.
That's actually true; Airbnb is part of the problem, and COVID didn't help either because it slowed down the economy a lot while increasing inflation has made everything extremely expensive, and homeowners are trying to compensate by increasing their rents.
I believe that you're way off-topic, and you're jumping to conclusions by yourself.

This is just way off topic. No need to attack OP like that. After all, no matter how competitive you are in this world, there are outside factors that affects how sucessful someone will be. In OPs case, airbnb and the effects of pandemic has indeed affect the system of housing in various, if not all, parts of the world. The demand is high but so is the price.

The presence of a daily house rental application including airbnb is of course a positive thing for homeowners, I have also rented a house for airbnb and the results were satisfactory, even when there was covid 19 in my country 3 years ago the daily rental business was still good, and this certainly made an even bigger impact expensive rental house.

I have read the side of the argument from the perspective of the tenets but then it is only going to be fair that we listen to the argument of the landlords too. Please note that I am not a landlord I too affected by this but it is not within my control. So, I focus on what I can control just as Poker Player put it, "adapt to the new reality and act accordingly." The Landlords argument is that they make more money that matches the present economic situation from short term rentals than from regular tenants. Short term rentals pay more and it matches the inflation rate and helps the too be able to fuel their vehicles, buy food , and care for their families. Once again as a disinterested party, I would say to the landlords to go get a job.

Residents who continue to increase while housing land is increasingly difficult to make land prices increase, the same thing also has an impact on house rental prices, in my opinion the biggest factors that make property prices including rent more expensive because of conditions that adjust to inflation or investment rates from the owner.

I understand why landowners gravitate towards short-term rentals; within a matter of a few months, they're generating a larger income than a whole year of renting long-term. It's perfectly understandable that they want to earn as much money as possible from their properties. The issue is that governments didn't take the matter seriously from the start when it was presented, and it quickly got out of hand. A simple example would be strict monitoring and taxation, with the threat of massive fines if their income wasn't declared. That would possibly deter someone from going through the whole process of renting short-term and all the requirements that your property needs as an Airbnb (the necessary equipment, cleaning, and so on).

Rent of housing in our country is very higher and a common man cannot afford it like a salary of a person is $133 and rent of House is 33$. So it is consider as higher because salaries are not enough to cover the other expenses of House easily.

The houses which have less rent are not suitable for living either there will be no electricity or there will be shortage of gas. A suitable house for living are not less than 33k$ of rent per month and all things are getting expensive due to the inflation in each country.

If a person build his own house then renting on monthly basis will be reduced but building a house is also very difficult as one can hardly manage the house holding activities.

If we expect a solution from the government in this case, then we must be patient waiting for the solution that will be provided by the government, as far as I know, if the government is going to issue a solution, of course they need to conduct an assessment of the impact that occurred before and after the solution was given. Blaming the government in this case will not have any impact on us It's better if we try for ourselves what is our responsibility.

A little bit right as those individuals who are going to office for their work are very punctual because their timing is fixed but those who are doing online jobs can complete the task anytime at a day. It is also consider as a benefit for online workers because they don't have to go outside from the home and are free to do from anywhere they wants.

One thing is natural that if abundance of work comes on one's shoulder and time is limited then everyone will become efficient so it also sometimes related to the sort of duty and task.

I live in a country that does not support global payment cards and therefore does not support airbnb services. In this context, I would like to ask if there are people around the world who depend on airbnb for permanent housing. As far as I know, these services are mainly for recreational tourism purposes, which explains the high rental prices. On the other hand, this will certainly affect the rental prices in general, which contributed to the emergence of other types of services, such as a group purchasing a group house without any of them having a relationship with the other.
This is one of the most interesting topics and I look forward to following it.

There is no room for tourists in my city, or country? I can't see what's happening in other states, I can only talk about what's happening around me, Some apartments are for the rich, and some are manageable for those who are just starting a family, it all depends on how much you are making.

There is a state in my country that is mainly targeted for tourism and businesses, Housing is very high in that area, and it's expected because of how money is flowing into the state economy every day, you just have to relocate if you can't afford your house rent, find another state with lower house rent.

It's better and more convenient to build your own house, it can be frustrating at times when you trying to move into a new apartment, the cost and also your business will be affected.

It's quite the situation you're describing in your region, indeed, very apartment-centric, isn't it? There's an interesting fluctuation between rich and, uh, those starting families. Your comment about the tourism, or lack thereof, it's particularly intriguing and also somehow related to the housing market. Yes?

Building one's house is a good idea. Although, with the inconvenience and maybe the cost, it could also be an opportunity to, you know, avoid those high rents. Despite the possible inconvenience, constructing a house is like playing a game; you've got to know the rules and maybe win

The state with the high economy - money flowing - and housing costs, it's just another piece of the puzzle, or something like that. Relocation could be the key, as you rightly said. But isn't it the same everywhere? Or maybe not, and that's what makes it unique?

Property values such as land, houses and apartments will certainly continue to rise in population that continues to increase, cities that are increasingly crowded and high levels of congestion are an indication that the land in the city is expensive, it is natural that renting a house is also more expensive, the best solution rather than renting a house for the term Length is buying land in the suburbs which of course the price is not too expensive.

I think this an issue only in touristic cities of touristic countries. OP mentions Greece with it, well I am also living at coastal Türkiye which is pretty similar with airbnbs and higher rents. I generally blame lack of new real estate. I think constructors don't have enough benefits to start new ones there is lack of proper housing in desirable cities. This is never an issue within smaller cities I suppose. I have a friebd living in Central Anatolia where housing is not big issue maybe except Ankara... And its capital so I think pretty normal.

And this is where those squatters would really be molded up if there's lacking with those kind of rental or people cant really be able to find out place on which they could really be able to live with.Its a normal approach

does come with normal solutions or ways or methods by people.This situation is totally do depends on a certain country and same as you said that this one is really that apartment-centric on which tons of business owners do really that putting up a focus much with these type of businesses on which it did really result that they do have the rights and preference on setting out those high rentals since its business and for those who cant really be able to afford? They would definitely be finding out places on which they could really be able to build their own house but those are just that cheap made one and this is why i did mentioned
about those squatters which you might be seeing somewhere. Economic problems comes worst if there would be no proper control of these things and it would really be creating out that kind of imbalances.

It is universal that the house rentals at the high around the tourist region/cities. House owners will always try to make the best out of it, because for most of the people residing in those locations their lives were dependent on tourism. Those are like seasons, for some time period they'll have good business and for the rest of the year they need to manage with what is being earned earlier.

Housing costs have increased and this is not just because of the short -term rental service providers. The rich ones were also part of it. Nowadays gated communities were the demanding one among the rich people. On the price order the rise in the value of gated properties will surely have atleast small impact over the small properties around the region.

Short term rentals are one thing that contributes to the lack of housing but they are not solely to blame. They can limit available housing stock in popular areas, other factors such as population growth, limited construction & financial challenges also play a role. It's important to consider the overall housing ecosystem when addressing this issue. Solutions could involve balanced regulations that encourage both short term rentals and long term housing, incentivising construction & promoting affordable housing initiatives to ensure everyone has a place to call home.

I don't think it's the cause, more like the increase in population and increase in speculation in real estate that's causing the lack of housing, with more people out there, it's guarantee that we will lose more space since it should be distributed. Regarding speculation, with more people buying property hoping it goes up in prices ends up with less available space since they will hold on to that piece of land that don't house anyone 365 days which leads to less housing for more people. Rentals are a problem too but they still provide housing for more people compare to those who buy properties only to build mansions.

In tourist cities, real estate is always more expensive, especially in those where the tourist season lasts for a certain period, because at other times there are few people who want to rent this property. Thus, they need to secure such an income for themselves that it is enough to maintain this housing, and to make a profit from this.

In big cities, everything is different, real estate prices are dictated by the market, the more competition, the more affordable housing will be for rent.

In this, people want to use their extra assets or houses to use as a rental and there's nothing wrong here. Some of them have this already, and instead, the house not use better to use for the rental, so there's still a cashflow on it, Here in the Philippines some of people use those rentals because its more convenient they don't need to pay a lot of things like the taxes made by the house and if you are focusing with the long term goal you can dream your own house it's more convenient than not having a house. In some point to those people use their house for bnb its ideal only for the houses near in the top places could be known, near in city for the tourist attraction and have a nice view in just a short time frame they can earn more than the people who are employed in regular basis. They are using the house rental for a good cashflow there's nothing wrong with it.

To top it off, short-term rentals impact how people live, right? But blaming them alone would be like blaming the rain for a terrible day. However, forgetting an umbrella or wearing the incorrect shoes can ruin a day even if it rains

Still, population increase resembles baked bread. Sometimes there's a lot, sometimes not, so we adjust our plans. Another remarkable thing about this bread is its poor construction. Maybe the oven is too small? However, money troubles are like not having enough change to buy that loaf of bread. To digress, you're right that the housing environment must be considered

Your point about fair rules is like Goldilocks: not too hot, nor too cold. Just the appropriate strategy is needed. Giving a baker the correct tools and products may inspire them to bake. Affordable housing is like providing bread to everyone. Still, why bread? Apples or oranges? Why not? Your argument about giving everyone a home stands out among all these convoluted thoughts and bread metaphors

Maybe in a way, there is nothing wrong with it. It is after all more convenient and cheaper to rent than to own. However, having a house guarantees a place you can stay in once you decided to retire. You wouldn't have to worry about monthly fees once you settle all the costs you need to pay by owning a house. Moreover, having a house and lot is an asset you can rely on when everything goes south and you need the money. Rentals are fine, but they also do affect the lack of housing in a way as they could have been places for permanent home.

Well, time changes and so does the dynamics of every business. A few years back, you wouldn't find renting a house an issue because the concept of working from home wasn't very widely adopted and used, and almost 98% of people used to work on-site compelling them to stay within the same city and country for years. But now, as you mentioned, most people work from home which simply means that they carry their workplace everywhere with them in the shape of a laptop.

This work-from-home culture has given people a lot of freedom and that freedom allows them to go anywhere they want, have fun, spend time in different cities, etc. Such people are simply on vacation while they are actually working. So I would say this culture is basically to be blamed for the lack of housing or the increased prices of rentals for locals in big cities around the world.

You can probably relate to what I'm stating.Turkey also receives millions of tourists and is also a great country for digital nomads due to the relatively low cost of living, at least for outsiders who receive their salary from abroad.
That's true; technology is evolving, and the world is rapidly changing. A few years ago, we wouldn't have thought that a pandemic would lock us in our houses and enable remote working for a large number of companies. Remote working has minimized borders and enabled people, both locals and foreigners, to work from home and be employed by a company not situated in the same country. Thus, it's not surprising to see a decrease in available housing. The combination of all these factors—AirBnBs, tourism, remote work, COVID-19, and so on—has affected the housing market tremendously, and there's no simple solution to this matter.

its just really difficult problem to find out the root of it you see, even short term rental is just one of the factors, but I think the fact that the boomers out there hoarding as much real estate as they can is one of the problem.
they see it as some kind of prospective invesment that they tried to buy plot of lands and also real estate, its just overall what contributes to the fact that the housing price increase a lot linearly over the course of decades and I think this problem needs to be solved.
giving taxes to the ownership of that much real estate and housing isn't sufficient solution to this problem, i think need much more stricter regulation in regards of ownership like that.

It is certainly unfortunate and reflects a problem that has become increasingly common in many cities around the world, especially those with a tourist appeal and an increase in demand for short-term rentals. . One of the ways to resolve this uncertainty would be for local and national authorities to implement regulations and policies that limit or regulate short-term rentals. Some cities have already begun to implement restrictions on property rentals through platforms such as Airbnb, limiting the number of days a property can be rented to tourists. Another possible solution that I see is that the government and local authorities could promote the construction of affordable housing for local residents. This could include investing in social housing projects or implementing incentives for developers who build affordable rental units.

As for the personal decision of how to deal with this situation, I would prefer to pay for quality housing. Other people may look for alternatives such as cooperation with roommates to share costs or other strategies ... the same whatever choice the person makes will depend on their financial capacity and their personal needs.

Maybe for us we think they are a problem but for others who are benefiting from it, they think its a solution to their problem. We are lucky to have our own homes but what about the others who don't have? The only thing that they can do for now is to rent or live on the streets like a homeless person.

I think that can cause more problems to the society. Even without Airbnb, pandemic, and inflation, the price of the house are still expensive. They are increasing from time to time, which is why they are one of the best investments. Renting might still be a short-term solution, so renters should try to save and build their own homes later on.

In a difficult financial situation and housing problem, finding a personal solution like renting an average apartment can be a way to stay alive during difficult times. Waiting for the government to solve the problem can take time and doesn't always work.

Perhaps the government's focus on tourism rather than meeting basic needs of the people can lead to discontent and protests from the community. As you say, solving the problem of decent housing is an important factor in the stability and development of a society.

instead look for a personal solution like renting a small home or buying a home when you can. It is a temporary solution to secure daily life. And when you have a financial opportunity, buying a better place to live or moving to a new location is also a good option.

Another important issue is the quality of affordable housing. Often affordable housing is of terrible quality, because the cheapest materials are used for its construction. It is often impossible to live in such housing - constantly broken elevators, poor noise insulation, poor infrastructure.  It is better to rent housing than to buy it.

What I find interesting is how renting sector manages to find people willing to pay that much if the minimum wage is so low?
Usually in places where minimum wage is around 1k EUR, you won't pay more than 500 for rent, so an apartment costs you half of the minimum wage (on the average). Why is it that Greece manages to sustain such imbalance? We could blame it on tourism, but then 3-4 months a year all these apartments stay unoccupied, so is renting 2/3 of the year and paying the tax for another 1/3 with no profit is better for all these people than simply renting out for long term and forgetting about the apartment for 2-3 years?

From what you wrote, you guys have a few options. One or both of you can seek a better job (tourism), or you can look for a bigger apartment that you can share with someone, preferably a pair like you. Costs of living in a bigger 2 bedroom place with 4 people would be much lower, or you can start working abroad, since even 800 is still a low wage in the EU.

Yes. And they are also to blame for the impending housing collapse in the US. Most people fail to consider the notion that Airbnbs are more or less scams now. Previously they were made to compete against the conventional hotel experience since they provide a cozy and cheap housing solution for people who are on the go. When greedy motherfuckers caught wind of this affair they started buying properties for the sake of using them as Airbnb rentals, and since they generate income over the premise that they must always be filled with people, these people are dumbfounded when they find out that everyone is pretty much doing the same thing that they are doing, and it's not working anymore since these Airbnb rentals became overpriced that the people decided to just go back to renting on hotels. And this barely scrapes the surface of the whole housing fiasco.

We are living on a world on which rich people becomes even more richer and poor becomes even more poorer and this is why on the time that they do really have that kind of financial capability on which they would

really be normally establishing out themselves on building a business that would bring up some revenue because they do know that there's such demand on which they could really be able to make money on.
For people who dont have a house and cant able to afford the rent would definitely be having that kind of struggles in life and this is why ending up on being homeless.This is why it would really be that wise that
we should really be finding other source of income on which we could be able to afford on monthly payments or else we would really be that homeless.

Lets just deal up with this harshness of reality of this life because if we dont act accordingly then we would really be finding ourselves on great trouble.

The issue is that nowadays, it's much more expensive to purchase a house. The analogy between income and the price of an average house is out of proportion. Past generations were able to build and purchase houses through work, perhaps with the help of a loan, but it was manageable for the average laborer to have his own house, provided that you worked hard for it. Now, you need to be working at a job that pays well above average to afford that.
Usually, it's couples that share the cost of renting and utilities or people earning an above-average wage, but in the first case, it's not ideal either. I also have a partner to split the rent with; however, with the increasing cost of living, you'll hardly be able to save, let alone invest towards a better future. Of course, people are more keen on renting their homes for a few months, which generates a greater profit than renting all year. Some go even further and rent to students or teachers that are temporarily relocated in the winter months, a combination that vastly increases their income.

I can't really relate to this as I am not renting, but what I've noticed is that in my place, it's starting now with those homeowners converting their homes into air BNB, which is short-term rentals, which means they aim for a higher price, and the place is also good, but we still have those rental properties that can be rented for a long time, I think because we are in a 3rd world country and there is still a lot of development. I'm not sure if the government can intervene on it, but there must be regulations about those Airbnbs because local people will suffer like you or other low-income earners because it's too expensive to rent or there is no available property to rent for a long period of time.

I doubt that the government will be able to do much regarding this matter. After all, as long as the renters or landlords/landladies are paying their taxes they have nothing to penalize them for. Sadly however it is the public, especially those with low income, are suffering because of this matter. Rents are getting more and more expensive and most of the time renewing your rent costs a lot.

I think the rental price depends on the location, if we have the patience to find a cheaper house to rent then we can easily get it, I once worked in an area where the rent for a place was very expensive, but I was looking for a small road that was not far away and could get it at a very low price cheaper maybe only about 30% of the market price.

yeah I live near the jersey shore in New Jersey.  My home would rent for 3000 a week if it was closer to the beach but it is 15 minutes away from the beach and rents for 3500 a month.

Location means a lot. We are 13 miles from Belmar beach and the rent is about 70% cheaper.

Location do play a big role when it comes to rental price. Location shows how accessible, modern, safe and secured the place will be. Location also shows the places that figure tenants can easily go to like hospitals, restaurants, malls, and other places that will be nice to
conveniently have nearby. However, there are also other things to consider like the aesthetics of the place, the amenities, the other rental price of nearby places, and the maintenance fees that landlords/land ladies often need for quick repairs. I'm sure there are a lot more factors that comes with setting a rental price but I agree that if we want to find a cheaper place we can start by researching locations.

yes exactly the rental price depends on the area in which house is builded as well as on opportunities which are present in a house. I think inflation is so high that a small house has larger renting price therefore a common man cannot afford to live on rent.

Due to availability of job in certain area people often go towards that areas and also they prefer a better education system therefore living on rent become crucial for them. for minimum cost of renting one should not go towards expensive areas if they cannot manage it because just renting is not a thing but there are also lots of other expenses which should also be managed so try to reduces your expenses by completing your just your needs as wishes never ends.

The price of renting a house or rented house does not always depend on the location of the house in a certain location, because there are also prices for renting a house or rented house which become expensive due to the large size of the house and also the facilities in it. So we need to understand this from several points of view so that we can know why the price of renting a house or renting a house is high, although in general the price is also very likely to become expensive because there are more people interested in renting a house in that location.

And for a solution that wants to find cheaper house rental costs, we really have to look at nearby houses that are not far from the place we are focusing on because there are no other costs that we have to pay every time we go out to get to our actual destination.

Usually the landlord will inflate the price to be able to bargain. If the landlord sets the desired price right away, there is no room for maneuver. Therefore, you should always check whether the landlord is willing to make concessions in terms of lowering the price.

thats true, but sometime the location for getting cheaper rental is further than just a few hundred meters, certainly it will add to cost of transportation and many things.
like using delivery food service it will also increase the fee needed, honestly its the same, if the location of the house is near and it can add many benefit towards the quality of our life even possibly helps us save money because its near to many public facilities and restaurant even food stalls its just far better choice in my opinion.
therefore it needs to be considered about all thing that revolves around our life not just the price of the rents.

If the house we are looking for is close to the city center or a densely populated area, of course the rental price for the house is more expensive than a house far from densely populated residential areas. You are right, it would be better for us to choose the house we want to rent, it would be better to look for it close to the place we need so we can access it easily so we can save money on getting to the place we need. In my opinion, there are many things that can influence house rental prices to be high, but in general we see that a strategic location will cause house prices to be high.

Can you blame people for trying to make an extra income, during a time where everything are becoming more and more expensive these days.  ??? The Airbnbs in my country are being taxes by the local government as a business, so they are paying higher local rates, than people that are using their house as a primary residence.  ::)

This is done, because Hotels and Guesthouses are suffering to keep their doors open..... and also to slow down the Airbnbs that are popping up like mushrooms. (the rates are much higher when you operate a business)  :P

Tourist areas do have their own characteristics. I'm not sure if living with parents for a long time is a consequence of being located in a tourist zone :).

Yes, in a tourist zone, a significant part of the rental housing is rented out to tourists for daily rent, not long-term to locals. Because it is much more profitable.
But I think the problem is solvable. You can move to another neighborhood of the city, which is not in the historical/tourist zone. It is possible to change the city of residence. You can buy an apartment outside the tourist zone, if you do not plan to rent it, but use it for your own residence.
You can move to another country with more comfortable conditions, and this is not a problem either. 

In short - you just need to accept this feature of tourist zones, and just make an acceptable decision !

There's nothing OP can really do in this case. He can decide whether to move out of the city as the number of people who rent their property to make more money is increasing, or he can participate and support the tourism industry. As he also lives in that area, OP should take the positive effect of tourism and benefit from it by finding a way to make money.
If this option is not possible, the only choice is to find another area.
However, there are so many things to consider like what if the place of his work is far from it.

That's nature, if people are prefer to buy a house rather than rent a house, people will not use their house to rent for other people because of low demands. So this mean people are prefer to rent a house than buy a house, maybe the price is cheaper, they can move to other house or city because they don't want to stuck in house etc.

This problem is happen in every country, so the only solution for you is work in high monthly wage and move to developing country.

        -  If you have no other choice, you will endure living in a substandard apartment rather than having nowhere to live. But if you can afford to pay for a rental apartment, do it anyway. And what I also know is that in the country of Greece, the expenses are really expensive, as are the goods.

Because I have a friend there in Greece, he himself tells me that the expenses and fees there are expensive, so that's the only thing that can be advised to you: if you have no other choice, just try what you can do.

In most countries these days, it's like your entire salary is being consumed by the rent for your apartment. That's sad truth that many areas are suffering these days.
Can't stop the increase because these owners are also needing to adjust their rates and if there's not that much housing program in areas where you guys are located, it's not only you that does experience it.
We may not see this situation improving soon but it's not also going to be at top for most times.

Renting someone else's house means paying a certain amount of money to the landlord at the end of each month. No one wants to live in someone else's house, when there is nothing to do, they are forced to live in someone else's house. Everyone has a small dream to build a house and move from a rented house to own house. Maybe after working hard a person can build a house of his own and stay at home but the problem is for students who stay away for studying but if they want to build a house or buy a house they cannot stay at home they are forced to rent houses. But living in a rented house means paying a certain amount of money to the house owner in return for a month's stay because the house owner will stay the same and he will only get rent from the middle.

I have little doubts that at some point on the future we may see another global crisis caused by real estate, since every single person needs a place to be and yet real estate prices have become increasingly high during the past decades, however I really think this is a bubble which could explode soon, as even if everyone needs a place to live, it is not as if people cannot find a way to make do without renting or buying their own property, and this could collapse the demand and the prices of real estate as well.

Either way - there's a problem, we need to solve it. Some solutions may not be very pleasant, but.... otherwise you just have to put up with it and suffer, and that's the wrong way :)
In any case, to solve a problem, you have to realize it, accept it and find solutions - one or more and make a choice.
And there are a lot of options here - to use the advantages of the tourist zone, to find a new or additional job, to change the sphere of activity,.... In a word - there is always a way out, if only there is a desire to change something

The problem is not Airbnb and digital nomads, the problem is the mentality of European people. You can't give me a single valid reason of why you should leave your parents basement and rent a 15sqm apartment. Just why? Why should you leave your parents? What's wrong with parents and sons and daughters living with them till they get married? I love this part of Asian mentality, they live with their parents, even after the marriage.

By the way, if European people will live with their parents, then number of rented apartments will significantly decrease, that will also decrease the housing price and those who really need to rent, will find apartments quickly, easily and with an affordable price.

They are forced to rent someone else's house because they don't have their dream house yet and are still trying to raise money to own their own house.
It's okay to rent someone else's house while we are still trying to have our own house because the price of a house is very expensive. They may find a cheap house but it is far from urban areas and there are many limitations they have to experience.

For students who migrate, they can rent a big house with friends who come from the same city. I often see this around where I live and a neighbor of mine rents his house to 5 students.
If I don't have the money to buy a house yet, maybe renting is an option and has to be adjusted to my budget.

I don't think people prefer renting to owning their own home. If it were you, would you rather rent someone else's house or own your own?
Simply because most people cannot afford to buy a house for themselves, they will choose to rent a house to suit their current economic conditions. I bet you that no one will want to rent a house instead of buying a house, it's all forced by circumstances.


Everyone knows this, but how to get a high salary? If moving to developed countries were that easy, there would be no poor people left in this world.

If you afford it, I think the best move is to move out and live to another country where you can find easily what you're trying to find.

Living in a country where it is not affordable anymore and the housing, or even an apartment cost too much but it lacks the quality you're looking for isn't worth it in my opinion. I'd rather go somewhere else, start a new life, spend the money wisely with so much choices to have with the qualities of something that I'm looking for than to stick to a place where only monopoly happens.

I am also believing that this bubble will pop soon and it's just a matter of time. I thought that after the pandemic and with all of these wars, everything will stabilized.
But it seems not and everyone is just coping to recover and that's why most of the properties are too expensive. I'm just waiting for that moment for it to explode and I am sure that time will come.
And those hoarders that have been doing that and bought those properties on a high price, won't be able to sell it higher.

In my personal opinion, I emphasize this, such a long term care of parents, leads to the development of "adult infantilism". in simple words - adult children can not become independent, and then, when they are forced to start living independently - for them it is a shock !
I am not against kinship relations, showing respect and love to parents.... But it is often behind it that children are not independent and are afraid to be responsible for their own lives.... 
The second problem is that such "attachment to home" limits a person's opportunities. Any young person can find a good job in another part of the city, in another city or even in another region. Attachment to parents limits such opportunities, and leaves only what is "close to home" to choose from....
Let me remind you once again - this is my personal opinion.

If we look at what happens in the US, the age at which children become emancipated is even lower than in Europe, and for better or worse, it is the richest and most powerful country on earth for the last century or so. We could criticise the USA for many things that I'm not going to go into here, but it depends on what you say about Asian culture being better because they live together until they emancipate. Neither yes nor no. And in southern European countries the age of emancipation is higher. In Spain it is around 30 (https://www.bankinter.com/blog/finanzas-personales/edad-independizan-jovenes-espana-europa) years old, so the problem of rising prices does not lie in the fact that they emancipate at 18, generating a need for housing.

I agree with you that there is not going to be many changes anytime soon. Here in Europe, we have some Mediterranean cities that are getting visitors all around the year, it just doesn't make any sense for the landlord to get long term tenants when he can rent out his apartment short term with a premium to tourist. Tourist have much more money to spend on housing and don't care about paying higher prices as long as they are close to the city centre. The location is key here, as tourist are looking for ways to save as much time as possible in getting around the city. Which leads to the only real solution for the people living in the city, moving outside of the city centre. The time tourist will save to get around, the residents have to make up by commuting more to work. Some cities try to increase the regulation and make it harder for landlords to turn their apartment into Airbnb flats, but this is not going stop the change it will only slow it down a bit.

That's really high rent considering you get no facilities that are basic amenities these days. I think it would be bad to rent and live if that is the case in your country. I would rather buy my own house and put the money in my bank account as EMI instead of the rent. I am not sure others think about it but Rent is a waste of money. You are just giving it away to someone for using their property that you will never own in the future. All you can do is leave that house and change the location for let's say less rent. Maybe someday homeowners try to doge us because they may wanna sell the property or come and live there by themselves. Those types of challenges are always there. So instead of going nuts like that better go to bank, put up house project proposal based on salary as income. Have decent low interest rate home loan and pay the bills ontime. It will boost your credibility, top ups can be done for furnitures and much more. 

There is obviously nothing wrong with living with your parents if they are living in the same city where you are working and you have good relations with them as long as they are not married or in a relationship and require privacy and a separate place to live. If we talk about Asians, I don't agree with the fact that they should live with their parents even after marriage because that creates problems very often.

I don't really think that is the basic reason why rental prices are increasing and the there is a lack of rental spaces for people in need of them, it's mainly because people travel from other places and start renting and living either for the reason that they have jobs there or want to pursue further education, etc.

The problem I can say about housing in my country is that a person owns more than one house and sets the high price he wants when renting. Therefore, it becomes difficult for those with low income to find a home and social problems arise. I do not find it right for a person to own a house other than the one he lives in. This leads to inequality in society.

During the last 2 years, when inflation increased, landlords increased the rents a lot. The state could not find a solution to this. People who own houses are usually rich people. That's why they increase the rent so much even though they don't need it. They prefer their homes to remain empty rather than renting them at low or normal prices. I think the real problem is opportunistic landlords.

I understand your perspective, and it's true that the housing system can vary significantly depending on whether you're a local resident or a tourist. For tourists, the cost of lodging can be a major consideration, and it's common to find higher prices at strategic tourist destinations. Many tourists do opt for tour packages that include accommodation to streamline their expenses. Additionally, having friends or acquaintances in the rental housing sector can be a more affordable alternative. It's important to plan according to your budget and preferences when traveling.

Yep apparently so.

Airbnbs have thrown the housing system off the bus. Imagine buying a property, only for it to not be occupied 10 months of the year, that's 10 whole months that your money is not moving, and you're not letting anyone occupy the house. It's stupid and the system needs to change. This is literally the reason why Airbnbs will never replace the hotel economy. At the very least with hotels they are established enough that they don't need to worry about losing money, with Airbnbs, the same can't be said. We're undergoing a housing crisis and it's for sure going to affect these people, by the end of it they'll be selling these properties for cheap and most likely, it's not going to be granted to those who really need it. What a fucked-up world we're living in right now.

The presence of many room rental applications is certainly the best way for those who want to rent out a room or house. It is natural that many people feel helped by these applications because they can choose the place they want. On the other hand, of course this is a problem for hotel owners which makes the occupancy rate become quiet.

In my own opinion, its only going to get worse as more tourists might visit in the future, thereby increasing the rental fees of those houses. There might even be a time that this cities are occupied by tourists alone. Government might do little or nothing about this because those tourists are instrumental to the growth of the economy and it means good business for them, they might have imposed high tax to house owners in that region leading to a very good increase in rental fee.

House owners too have the right to rent their property to anyone they wish  and you know my friend that the highest bidder goes home with the item. They're focused on making more money than embarking on humanitarian projects of considering those locals that have less to offer. Government can subsidize rental fee and build low cost comfortable housing, but are they willing to spend that money?.

In conclusion, this is a general issue plaguing most countries and the only effective solution I've seen is for you to move to where you can afford. Settle down there and manage it until you're  buoyant enough to move back to the more comfortable, high rental cities.

There is no doubt that the existence of Airbnbs and other short rental applications has significantly made it easier for people to get a place for a quick vacation or stay; not only does it make things more convenient as everything they need is on one application, but it also gives the convenience of making a reservation and booking with just a few clicks, unlike the traditional way of either personally going to the place or making a call (a task many of us do not really enjoy). However, in contrast with the convenience it brings us these applications also bring bad sales for hotels and other similar establishments as fewer and fewer guests are interested in staying in their places.

Short-term rental will always be more profitable for those who rent out their home, even in cities where there is not a large flow of tourists.

There are even business models where the tenant rents an apartment for a long time, and then tenant, rents it out on a daily basis and thus earns money. If the owner of the property does not want to do this, does not want to spend time on it, then he will look for a long-term lease, if he wants to rent it out on a daily basis, then he can try to do this himself. But for this it is important that the apartment is located close to the center (or business center), or not far from the station.

I can only add that such processes can also be the result of cultural traditions, local habits and other reasons. Whether this is bad or good is the main question. My personal opinion is that it is bad, because I am in favor of early independence and responsibility, and I would add men in the first place. For example, in our country (Ukraine), a "boy" 25-30 years old living with his parents causes a smirk and real incomprehension. Even in big cities where life and accordingly real estate/rent is higher - most people try to earn more to meet their needs. 

Ultimately the balance of short term rentals vs long term rentals vs home ownership is heavily dictated by government policies which can vary wildly by country, so it's a hard answer to pin down. In some European countries they give renters strong protection from eviction, but you could argue that this disincentivizes new potential landlords from entering the market and incentivizes short term holiday lets instead. There should be a sustainable balance found for each, but demand can also vary by region and city, so it is a tough job to create laws to benefit everyone. Ultimately home owners will have the easiest ride, but getting on to the property ladder can be very tough these days.

reservation in hotel still has its perks, airbnb is just home sharing, you can expect significantly lesser satisfactory service, its as if you are just some random temporary roomates renting room and thats it.
meanwhile hotel are full fledged good services, from the very first time you reserved until you checked out.
it has its own market honestly.
airbnb usually are being taken advantage of by those relatively young people seeking for affordable rents, meanwhile hotel are for those vacation with much money.

Government policies, right? They're the big players in the game of short term vs. long term rentals. And yes, yes, yes, these policies can differ so much from one country to another. Europe, for instance, is a fascinating case. Renters there have some strong protections, almost like a shield against eviction. Such policies might, just might, make potential landlords think twice... or thrice. Why dive into long-term rentals when short-term holiday lets could be more appealing?

Balance is key. But achieving that balance? It's insanely hard. Demand varies, regions differ, cities have their own dynamics. Crafting laws that fit all? Tough, super tough. But here's a thought: Bitcoin. It's decentralized, it's global, and it's a game-changer. Maybe, just maybe, if more people embraced Bitcoin, we'd see a shift in economic dynamics and property ownership. Homeowners do have it easier, but with Bitcoin's potential, who knows where the property ladder might lead?

And that is in fact the perfect moment to buy and we saw this during the 2008 real estate crisis at the US, in which everyone panicked and wanted to sell at the same time, this drove up the supply and the demand plummeted, so anyone that had cash in hand could buy for a 50% discount or more, the only issue is that under those circumstances you cannot buy with credit as banks do not want to extend credits to anyone, even to those that could actually pay it, so you will need to buy your dream property exclusively with cash.

Okay, it's been a while since I've updated this thread, but I'm seeing that other users kept it going. The housing market in Greece, especially in touristy areas, is quite awful. My hometown barely has any houses available for rent, and every year it's met with the challenge of housing new university students. The available properties are often old, expensive, too small, or generally a combination of these unpleasant characteristics. I've moved to a different city now, which is considerably larger and also touristy but not solely dependent on tourism. Last year, the housing market wasn't that bad, at least not as terrible as it currently is. This year, there's been a great surge of Airbnbs', with whole blocks of flats aiming for short-term rentals. The average rent has increased by over 20% compared to 2022.

I recently rented a house that was quite new and in decent condition; however, this property wouldn't be worth its money if I found it in 2022. The whole city center is filled with Airbnbs', I believed that the bubble would eventually burst, but new ones just keep on coming.

I apologize - why don’t the city authorities build student dormitories and rent them out to students, solving 2 problems - settling students + getting an additional income channel?! Or why don't private investors do this? This is a “treasure2” for investment - there is a constant, growing, unmet demand! Plus, a bunch of services will be added there - from laundry to cafes/pizzerias and pharmacies, for students. Such projects provide good development where there were problems... It’s not right to take the problem , isolate yourself in it, and just complain... Many problems can actually be turned into positive events!

These are the usual laws of the rental housing market. If the demand is high and a lot of people want to move into rental housing, then there are fewer and fewer offers and each of them is growing in price, because they are becoming very important and valuable. This is an indicator that an excellent investment would be to start your own hotel business, or an apartment rental business.

I advise to OP to find a friend or girlfriend together with whom it would be possible to rent an apartment, pay for it together. I rented an apartment with a friend when I was a student.

The Airbnb is a concern for the locals for sure, but only the property owners are making the big bucks. With the provided information I think you work on a company or something and for that you can't move out from that city. If the demand is high then the property owners to make significant changes and rent out the house to people who are willing to live for a long time. Higher payer are always welcomed by them. In a situation like this, people will only focus on those higher paying people.

In a situation like this, you can live in substandard house for a while and that should be a wise decision. It is hard to find a good place with decent rental but not impossible. So for the time being you can manage the situation that way. On the other hand there are people willing to live together by sharing the rent. If you are okay with living other people then you can choose that option. That way you can get a decent living space also sharing the rent which will help even if the rent is high.

I don't know if this will help or you are willing to go with this plan. But I have faced the same situation. Finding a house for rental is a stretch. I have lived for 2 years with one of my friend sharing an apartment and the rent. Help the lot and later on I found a good place with cheaper rent.

House hunting has always been like this in most parts of the world, and the fact that everyone wants to live in a neighborhood that has the convenience stores , hospitals, schools etc that are nearer to them...this translates to a case of high demand & low supply which also pushes renting a house upwards. Otherwise don't give up just yet if you still house hunting and you will definitely find something of your liking.

In a digital world we live in, you expect technologies like Airbnb to be a must have and this is good for tourists if it works and a plus for home owners as they make more money on it, besides we have very little business ventures left for people to try out which is why many are venturing into it for easy profits.

The last thing you want is regulation, let the free market economy do it's thing , besides you mentioned that you live in a tourist city which is a benefit for the locals that own property but a disadvantage for locals looking for nice affordable housing...

If I were in your shoes, I would be thinking of moving to a different city if the option is available as will be cost cutting in both accomodation and all other necessities(school, education, health, utilities etc)

Speaking about personal inputs or situations then the main reason why they didnt make out such move? Its because of having no capital or fund that would really be allocated to it.Knowing that having this kind of properties or business isnt something that comes cheap from building a dorm or an apartment then it would really be that something costly. We know that land becomes scarce and population is really that keeps bloating or increasing on which means that people would really be trying out their best to place themselves on the capital on which it would really be just that a common sense for those real estate investors or businessman that they would really be placing in near capital yet this would really be the sweet spot.

If popular comes bigger then houses are in demand or those kind of properties on which people do really need up that shelter.This is why it is really that becoming a profitable business and this
industry keeps getting bigger due to demand. Lots and building a house is never been cheap and since a certain individual do lacks budget then this is why they would really
ending up on having rental on which those business owners or investors would really be taking advantage out of that.

There already are a few student dormitories, but unfortunately, they're not enough to accommodate everyone; secondly, they have strict economic requirements to enter, although I believe they're usually full; and lastly, I've read rumors during Covid-19 regarding their unpleasant condition—not all of them, of course, but you get my point. The article I read was from 2021, and I'm hoping the situation has improved. Another new block of apartments was recently opened, but as I've mentioned earlier, it doesn't solve the issue; they need to facilitate more students, and the current accommodation is not enough.
Airbnbs' certainly provide options that either cannot be found in hotels or may ultimately be cheaper, and price is one of the most important factors. Definitely, they also play a vital role in the tourism industry; however, I believe that it has gone out of hand.
I'm not against regulation; in Spain, in Barcelona, if I remember correctly, they banned short-term rentals in the town center. I understand that short-term rentals are both a solution and a problem. Homeowners found a way to boost their income, while renters, on the other hand, are forced to pay extravagant amounts in rent to cover their needs. However, there needs to be some balance between the two.

And who is to be blamed in such a situation? The owners or the tenants? I would say none, talking about owners of the rentals, who wouldn't want to get more money for something they earned and own? Every person doing any sort of business in any part of the world would want customers who would pay them more for what they are offering, so you can't blame the owners. And if we talk about the tenants, those who are ready to pay a higher rent to get the houses, you can't blame them either, because someone who can afford to pay enough to get a good place will always do, they don't need to hesitate because they can afford to rent the place for the demanded amount by the owner.

So who is to be blamed? I would say the system, inflation, that's what is the basic cause of all this. If there was no inflation, buying land and building a house wouldn't cost as much as it does today, and the rental properties wouldn't be so high. So, we should blame the system for this.

Rentals like any valid revenue should increase the ability for landlords or housing builders to increase their activity.  Usually the shortage of housing is from planning restrictions and just lack of land that can easily be built on.  Supply is restricted by government regulations, sometimes labor and materials.
  Airbnb is business activity, usage of personal housing for private industry to compete vs hotel bills.  That might be why its disruptive to normal housing but I assume with airbnb the housing is used for normal residential purposes sometimes.

honestly having too much property just for the sake of raising income would be detrimental towards the housing prices, the people with weaker economy will hardly own any house while these so called landlord will keep accumulating property, but this honestly can be solved easily by progressive taxation towards the housing ownership.
by then people would think twice whether having property really worth the income or even might instead become liability.
the newer generation does indeed having difficulty nowadays to own a house due to the ratio of their salary to the price of housing in general, therefore they need help.

Dude, it's easy to say to build new houses on properties or lands but you have to consider the expenses of cement and other building materials, cement is a difficult export and if everyone continues to upgrade their properties then there's bound to be a construction material shortage in that certain area.

Regarding short-term rentals, I don't think it's their fault because they're more lucrative to property owners to do that rather than doing a conventional renting property. I don't know if this is a real problem but there are a lot of abandoned towns and ghost towns around the world that could easily house a population the size of a typical city but the government bureaucracy makes it difficult for those ghost towns to become habitable again so in short, I would probably say that improper land utilization of the government is a problem. Another problem I can think of is the image of landlords being greedy freeloading motherfuckers who just happens to own a property and was able to rent it out, removing that said image by being a better person will definitely be a big help in housing problem.

For people who run businesses in any field, of course they look for profits from what they have invested.
You are right, for renters they cannot blame the high rental prices because they have invested their money in the house so it is natural that they set the rental price according to their wishes and if the renters have the desire to live in that area of course they will still pay whatever the price is. the rent. During inflation it will certainly be very difficult for anyone because it is very difficult to buy a plot of land because the income they have is only enough for their own needs.

I won't blame anyone particularly. If you look at it, we can blame everyone also not blame anyone. For instance, those who are paying high to stay you can blame them. On the other hand, even blame the owner for increasing the price. Also, you can blame those who can't pay high because they are not earning high.
The system has been broken for years. People had the chance before inflation to improve their situation. But they didn't. You can blame them too. As long as the system exist, inflation will keep on happening. In order to get out of this situation we need to improve ourselves. Before we reach the success that we are looking for we need to adjust according to the situation.
As human beings we have learned to evolve and adjust to our surroundings. I mean look around us. Those who are paying high they are somehow earning that right? They have adjusted their selves to their surroundings and has evolved.

We can blame the system for this as they are in charge of controlling the economy and inflation. But if we don't contribute and keep on blaming the system then nothing will improve. If you improve your own economy you can improve your country's economy by contributing to it. In order to live in the society we need to have a system. And it is up to us to fix the mistakes that is going on in the system. I think this is how we can improve the whole situation.