this post was submitted on 15 Jul 2023
495 points (98.2% liked)

World News

38506 readers
2735 users here now

A community for discussing events around the World

Rules:

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News [email protected]

Politics [email protected]

World Politics [email protected]


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 3 points 1 year ago

Flagstaff is a nice area. Phoenix's problem is the artificial house scarcity problem. So many companies seen the crazy growth after 2008 and bought up a bunch of houses for AirBnB.

"AirDNA found that from February 2017 to January 2023, Airbnb and VRBO listings in Phoenix more than quadrupled, growing to 21,000 from 5,000. A request for comment from Airbnb was not immediately returned on Friday."

https://www.businessinsider.com/phoenix-airbnb-super-bowl-weekend-short-term-rental-market-2023-2?op=1

Removing that many homes from an area will make prices skyrocket. Ashville NC, Myrtle Beach SC, Nashville TN, are some other areas dealing with it as well. Minus the extreme heat.