What do residents think of having these Airbnb rentals in their neighborhoods? The trickle down effect of rising rental rates means that it’s harder for employers, especially in the service industry, to pay their people enough to afford to live where getting to work doesn’t involve an intricate travel plan. These illegal short term rentals mean rising rental rates and fewer available properties for the people who already call New Orleans home permanently, rather than just for a festival weekend. But a quick search of Airbnb shows over a dozen other properties available directly through the owners. This small neighborhood, that’s not even in the heart of the city, is just the tip of the iceberg, given that there are over 1,000 listings on the Airbnb New Orleans site. In Algiers Point, there are 7 short term rental providers registered and licensed by the city. The City of New Orleans has rules for short term rentals and I’d hazard a guess that more than 95% of the Airbnb listings in our city are flouting those rules since there is currently little to no enforcement. There is a contingent of property owners and tenants watching visitors rotate in and out of the homes in their neighborhood every week, with no stake in local businesses and no regard from the often absentee owners for the qualify of life issues this brings to the table (not to mention the lost tax revenue for the city). The soundness of this plan starts to unravel when we take into account the number of residents who are currently fighting the Airbnb explosion in NOLA. That’s exactly what is encouraging home buyers to do via their new partnership with Airbnb New Orleans. So, taking a neighborhood for a test drive seems like a good plan, in theory. Will your commute be a drag? Are the neighbors noisy? Is parking a pain? These are questions that often can’t be answered until after you’ve moved in. We get how hard it is to choose a New Orleans neighborhood.
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