Airbnb Probably Isn’t Driving Rents Up Much, At Least Not Yet

Airbnb and other short-term rental platforms have been a boon to travelers in recent years… But as such platforms have grown, housing advocates have become increasingly concerned that what’s good for visitors is bad for residents … they are exacerbating already severe housing shortages in cities such as New York and San Francisco, driving up rents.

But a FiveThirtyEight analysis of Airbnb booking and revenue data … shows that Airbnb’s impact is probably still small in most cities, but it also shows that a disproportionately large share of the company’s revenue comes from the listings that most worry its critics — homes that are rented out for a large portion of the year. That could give the company an incentive to focus on increasing such listings as it grows — something some experts believe may already be happening.

Source: Airbnb Probably Isn’t Driving Rents Up Much, At Least Not Yet –fivethirtyeight.com

Kristin Bjornsen: Indecent proposal for open space 

If you care about open space, you should care about the Twin Lakes. That’s a bold statement for 20 acres of grassland in the boonies of Gunbarrel. Nonetheless, it’s true because of a dangerous proposition being made here: annexation through county open space. …  For those interested in attending to share their thoughts, the final review meeting will be at 4 p.m. on Aug. 30 at the Boulder County Court House, 1325 Pearl Street.

Full Story: Kristin Bjornsen: Indecent proposal for open space – Boulder Daily Camera

Read more about Twin Lakes at the Twin Lakes Action Group website, and be sure to sign the Twin Lakes Petition.

Commercial fees could triple as Boulder pursues the affordable house 

This story was published in the Daily Camera on August 21, 2016:

Commercial fees could triple as Boulder pursues affordable housing

It contains this astonishing quote from one of the biggest developers in town, Lou DellaCava:

“Look, I’m happy that there is a consciousness about housing in this community,” he said, “But why is it not being assessed on the citizens who already enjoy the privileges. Why is it not part of the property tax?

The article addresses affordable housing fees (linkage fees) that are charged to commercial office space developers.  The idea is that their new commercial office developments bring more companies, employers, and their workers, to Boulder.  Continue reading “Commercial fees could triple as Boulder pursues the affordable house “

Barbara Padden: Tiny houses cart before the horse? 

I was shocked to read that Boulder is scouting sites to build tiny houses for our growing population of vagrants and transients.  The first step should be to determine whether working and taxpaying citizens wish to build housing for those who choose to not work. Perhaps citizen/taxpayers would prefer to help hardworking but underpaid teachers, nurses, police and firefighters. We need a full debate, including a ballot proposition, before the tiny houses idea moves 1 inch further.

Source: Barbara Padden: Tiny houses cart before the horse? – Boulder Daily Camera

Ben Binder: Who pays for ‘affordable housing’?

The price of a home is not the only factor that makes it affordable. Our ever-increasing property taxes make it difficult for some individuals to remain in their homes.

In the last round of property assessments, many individuals reported property tax increases of 25 percent. Some mistakenly attribute property tax increases to the increase in the price of homes. But this is not the way things should work.

Source: Ben Binder: Who pays for ‘affordable housing’? – Boulder Daily Camera

Developers Aren’t Going to Solve the Housing Crisis in San Francisco

The authors deconstruct and refute supply-side myths about how to create affordable housing in San Francisco – or any city – and propose some new approaches to affordable housing.

Source: Developers Aren’t Going to Solve the Housing Crisis in San Francisco

Articles posted to City Council Hotline by Mary Young

Sender: Young, Mary

Dear Colleagues and hotline subscribers,

Here are more articles that are worth taking the time to read. Some, like the one Matt posted recently, have previously been shared on the hotline.

Happy summer reading!

http://www.nytimes.com/2016/07/04/business/how-anti-growth-sentiment-reflected-in-zoning-laws-thwarts-equality.html?emc=edit_th_20160704&nl=todaysheadlines&nlid=65613619&_r=0

http://www.citylab.com/housing/2015/10/affordable-housing-is-a-moral-choice-and-the-numbers-prove-it/411235/

http://www.truth-out.org/news/item/26656-developers-aren-t-going-to-solve-the-housing-crisis-in-san-francisco-the-definitive-response-to-supply-side-solutionists

http://48hills.org/2016/03/29/city-planners-treat-us-like-infants/

http://www.planetizen.com/node/86508/has-portland-lost-its-way

http://www.newgeography.com/content/002046-why-duany-wrong-about-importance-public-participation

http://www.nytimes.com/2016/07/05/opinion/who-gets-the-subsidized-apartments.html?smprod=nytcore-iphone&smid=nytcore-iphone-share&_r=0

Regards,

Mary Dolores Young
Mayor Pro Tem
Boulder City Council