Dynamic Pricing Insanity
Sep 16, 2022 | 12:58 pm
#31
Join Date: Feb 2013
Location: DCA
Posts: 7,777
Sep 16, 2022 | 6:08 pm
#32
FlyerTalk Evangelist
Join Date: Nov 2001
Location: Wanting First. Buying First.
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Posts: 22,015
Upstate / Hudson Valley is a popular getaway spot for three day weekends, especially in the Covid era. Leisure hotel pricing has been through the roof for the past couple of years, and I frankly don't see them coming down. Many towns are seeing what little housing inventory that is available snatched up for AirBnb.
The real solution is for these Hudson Valley / Upstate towns and cities to approve massive building programs of all housing/accommodation. Homebuilders should be building new single family housing, apartment builders should be building new apartments for rent and condors for sale, hotel developers should get permits to build new hotels, and yes, investors should be allowed to build new, fit for purpose vacation rentals.
The real solution is for these Hudson Valley / Upstate towns and cities to approve massive building programs of all housing/accommodation. Homebuilders should be building new single family housing, apartment builders should be building new apartments for rent and condors for sale, hotel developers should get permits to build new hotels, and yes, investors should be allowed to build new, fit for purpose vacation rentals.