How To Prepare For Short-Term Renters Next Door
Kanebridge News
Share Button

How To Prepare For Short-Term Renters Next Door

How to deal with the ever-rotating cast of characters that occupy your neighbour’s holiday rental.

By Kris Frieswick
Mon, Jun 7, 2021 1:56pmGrey Clock 3 min

My neighbour Bill just told us he is going to rent out his home on a short-term-rental site. Our neighbourhood has always been quiet and peaceful and filled with year-round, full-time residents, so this is new and sort of scary to all of us. How concerned should we be?

Signed, Bill’s Neighbour (a fictitious human)

Dear Bill’s Neighbour:

It was nice of Bill to mention that he was going to be renting the house. I note, however, that you did not say he asked if you would mind, so we have to assume he doesn’t care. Is Bill a little bit of a jerk? A “shovels his driveway but not the old lady across the street” kind of a guy? It doesn’t matter because Bill is now dead to us. You and your neighbours have to worry about yourselves.

The amount of concern you should have about the new, rotating cast of renters next door ranges from “none at all” to “Why is there a car in our pool?” To assist you and your community in dealing with this uninvited incursion by unknown vacationing-type people and other itinerants into your peaceful neighbourhood, here are the various types of short-term renters, and a colour-coded threat level and action plan for each.

Renter type: Invisible

Identified by: Nothing. You literally won’t know they’re there. They are quieter than the neighbours who own the house. This type of renter most likely represents the vast majority of short-term renters; people who just want a quiet family vacation somewhere cool in a nice house. Maybe some porch beers. Wave if you see them, which you won’t.

Threat level: Cellophane. A complete absence of threat. You don’t need to do anything unless you want to, which you won’t.

Renter type: Cool New Friends

Identified by: Musical selections—be it Lizzo, Kenny Chesney or The Carpenters—that coincidentally match yours and are played at socially appropriate hours and decibel levels. They beckon you to come over for drinks when they see you because they want to learn more about your interesting home town. You dig them. You swap emails and make plans to connect when you’re in their home town.

Threat level: Pink… for—LOVE them!!

Renter type: Gang of Inconsiderate Clods

Identified by: Large groups who you can hear talking even when inside your own house because they are always talking at the top of their lungs, though standing mere feet apart. Their cars fill your neighbour’s driveway, part of the street, and will, at some point, block you from leaving your driveway. They give you stink eye when approached about moving the cars. Their music and parties are not quite loud enough and not quite late enough to force you to call the cops, but you’re always a few seconds away from dialing those three magic numbers.

Threat level: Chartreuse. Ignore them to the extent possible. They will be gone in a week.

Renter type: Only People on the Planet

Identified by: Late night parties with music that appears to be entirely bass, screaming fights on the front yard, toddlers meandering aimlessly and unchaperoned on the street, animals of all sorts running off leash, at least three appearances by the cops. Hammering on your front door at 3 a.m. by confused/lost renters demanding to be let in or else they’ll “kick in your teeth.” These renters have zero respect for, indeed seem unaware of, the fact that they are not the only people on Earth.

Threat level: Red mist. Before you wake up in the backyard of Bill’s house with a gas can and a lighter, with no idea how you got there, have a heart to heart with him. Tell him his renters are not only destroying the fabric of the community and violating the town noise ordinances, but they are trying to saw up his wooden patio furniture for the fire pit, have dumped a bunch of green Jello powder into his pool, and are turning his garage door into a mural of some sort. Don’t feel bad about lying. It’s the least of the sins currently occurring on or near your property.

Renter type: Rave Advertised on TikTok

Identified by: Thousands and thousands of people. Unconscious or tweaking partiers everywhere, including your bathtub. (Does it matter at this point how they got there?) SWAT team response with National Guard unit on standby.

Threat level: For Sale. Move out as soon as you can. Then list with a local real-estate agent who is a good liar (redundancy alert), or find out which short-term-rental site Bill is using.

Reprinted by permission of The Wall Street Journal, Copyright 2021 Dow Jones & Company. Inc. All Rights Reserved Worldwide. Original date of publication: June 3, 2021

MOST POPULAR

Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’

Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual

Related Stories
Property
Another rate rise forecast, it’s just a question of how big
By KANEBRIDGE NEWS 06/02/2023
Property
THE SEASIDE APARTMENT THAT THINKS IT’S A HOUSE
By KANEBRIDGE NEWS 03/02/2023
Property
APARTMENT BUILDING APPROVALS ON THE RISE AS SECTOR POWERS INTO 2023
By KANEBRIDGE NEWS 02/02/2023
Another rate rise forecast, it’s just a question of how big

Amid looming rate rises, there are reasons to be cheerful as mortgage holders head into 2023

By KANEBRIDGE NEWS
Mon, Feb 6, 2023 2 min

Mortgage holders should brace themselves for more pain as the Reserve Bank of Australia board prepares to meet tomorrow for the first time this year.

Most economists and the major banks are predicting a rise of 25 basis points will be announced, although the Commonwealth Bank suggests that the RBA may take the unusual step of a 40 basis point rise to bring the interest rate up to a more conventional 3.5 percent. This would allow the RBA to step back from further rate rises for the next few months as it assesses the impact of tightening monetary policy on the economy.

The decision by the RBA board to make consecutive rate rises since April last year is an attempt to wrestle inflation down to a more manageable 3 or 4 percent. The Australian Bureau of Statistics reports that the inflation rate rose to 7.8 percent over the December quarter, the highest it has been since 1990, reflected in higher prices for food, fuel and construction.

Higher interest rates have coincided with falling home values, which Ray White chief economist Nerida Conisbee says are down 6.1 percent in capital cities since peaking in March 2022. The pain has been greatest in Sydney, where prices have dropped 10.8 percent since February last year. Melbourne and Canberra recorded similar, albeit smaller falls, while capitals like Adelaide, which saw property prices fall 1.8 percent, are less affected.

Although prices may continue to decline, Ms Conisbee (below) said there are signs the pace is slowing and that inflation has peaked.

“December inflation came in at 7.8 per cent with construction, travel and electricity costs being the biggest drivers. It is likely that we are now at peak,” Ms Conisbee said. 

“Many of the drivers of high prices are starting to be resolved. Shipping costs are now down almost 90 per cent from their October 2021 peak (as measured by the Baltic Dry Index), while crude oil prices have almost halved from March 2022. China is back open and international migration has started up again. 

“Even construction costs look like they are close to plateau. Importantly, US inflation has pulled back from its peak of 9.1 per cent in June to 6.5 per cent in December, with many of the drivers of inflation in this country similar to Australia.”

MOST POPULAR
Pamela Anderson House

Inspired by some of California’s best known Modernist architecture.

Alexandre de Betak and his wife are focusing on their most personal project yet.

0
    Your Cart
    Your cart is emptyReturn to Shop