#short-term rental tips

[llivo-team]

Visiting Vienna: Napoleon, Désirée, and the Stories Behind the City’s Charm

Introduction

Marketing gurus often advise sticking to proven principles for capturing attention and increasing engagement. While these strategies undoubtedly work, I prefer to follow what my heart suggests. As you explore a city, don’t just check off the must-see sights—immerse yourself in its romantic history, its hidden tales, and the stories that breathe life into its streets.

Vienna, a city known for its elegance and cultural richness, is not just a place of art and music—it’s also a city of love, passion, and intrigue. Learn more about LLIVO's story and mission. Among its many stories, the tale of Napoleon Bonaparte and Désirée Clary adds a fascinating dimension to its charm. Their love story, filled with longing and political complexities, intertwines beautifully with Vienna’s history. Start planning your Vienna adventure with LLIVO today.

If you’re seeking vacation rentals USA or luxury holiday rentals USA, platforms like LLIVO can provide the perfect starting point for exploring cities rich in history and culture.

Napoleon and Vienna’s Historic Connection

Napoleon Bonaparte’s connection to Vienna is deeply rooted in history, from his military campaigns to his diplomatic maneuvers. During his occupation of the city in 1805 and 1809, Napoleon made his mark on Vienna’s landmarks, including the iconic Schönbrunn Palace, which served as his headquarters during his second stay.

Walking through Schönbrunn’s grand halls and manicured gardens today, you can almost feel the weight of history and the echoes of decisions that shaped Europe. Napoleon’s presence in Vienna was not only political but deeply personal, as his life intersected with stories of romance and ambition. Whether you're staying in vacation homes in USA or historical hubs like Vienna, the allure of such stories adds to the experience.

The Love Story of Napoleon and Désirée

Désirée Clary, once engaged to Napoleon, holds a unique place in his life and letters. Although their engagement ended when Napoleon chose to marry Josephine for political gain, Désirée’s connection to him endured. She eventually became Queen of Sweden, but her early correspondence with Napoleon reflects a heartfelt bond.

During his time in Vienna, it’s said that Napoleon’s letters to Désirée revealed a man torn between duty and personal longing. These emotional writings, filled with both regret and affection, provide a glimpse into his vulnerability—a side not often associated with the conqueror.

For travelers exploring Vienna, understanding this love story adds a human element to the grandeur of Schönbrunn Palace and other historic sites. To fully immerse in such historical journeys, finding rooms in USA for rent or in historical European cities with platforms like LLIVO can enhance the experience.

Vienna Beyond the Story

While Napoleon and Désirée’s story captivates the romantic, Vienna’s history offers so much more to uncover. The city’s legendary coffee houses, where intellectuals and artists gathered, the legacy of the Ottoman sieges, and its transformation into a cultural hub all contribute to its layered charm.

As you stroll along the Ringstrasse, take a moment to imagine the lives lived within these historic streets. Each building, park, and plaza tells a story waiting to be discovered. With platforms like LLIVO, visitors can find accommodations that immerse them in the heart of Vienna’s history, offering a perfect base for exploration. LLIVO is not just a vacation rental agency, it’s a gateway to experiences that connect travelers with the essence of their destinations.

Why These Stories Matter

Learning about the love, ambition, and struggles of historical figures like Napoleon and Désirée transforms your travel experience. It’s no longer just about landmarks and itineraries; it’s about connecting with the city on a deeper level. These stories remind us that even the most powerful figures were human, shaped by emotions and relationships.

Uncovering these tales as you explore Vienna adds richness to your journey, turning each step into a page of history come alive. For those planning trips closer to home, exploring holiday rentals USA or vacation rentals company listings can offer similar cultural insights.

Final Words

Vienna is a city of music, art, and romance, but it’s also a city of stories—stories that reveal the humanity behind its grandeur. Whether you’re tracing the footsteps of Napoleon, enjoying a Viennese coffee, or wandering through Schönbrunn’s gardens, take a moment to reflect on the layers of history beneath your feet.

Ready to explore Vienna with a fresh perspective? Discover unique stays with LLIVO and make your journey unforgettable.

Author Bio Khurram Iqbal Founder of LLIVO | Volunteer Blog Writer for LLIVO | IT Leader | Creative Content Creator | Former Assistant Vice President | Previous Professor of English Language & Literature.

Disclaimer This blog post reflects personal insights and publicly available information. Historical accounts may vary, and visitors are encouraged to verify details at local museums or sites.

[brianwilder]

Investing in Vacation Rentals: Tips for Success

Investing in vacation rentals has become an increasingly popular way to generate passive income and build wealth through real estate. With platforms like Airbnb and Vrbo, it's easier than ever to market a property to short-term renters. However, like any investment, success in vacation rentals requires thoughtful planning, careful management, and a solid understanding of the market. In this guide, we’ll walk you through the essential tips for making your vacation rental investment a success.

Choose the Right Location

Research Popular Destinations

Location is everything in real estate, and this is especially true for vacation rentals. The most successful properties are in destinations that consistently attract visitors, whether it’s a beachside getaway, a ski town, or a bustling city center. Do your homework on which areas see steady tourist traffic and have favorable local laws for short-term rentals.

Consider Year-Round Appeal

When choosing a location, think about its appeal throughout the year. While some destinations are seasonal (like ski resorts), properties in areas with year-round activities will help maximize your booking rates and income. Look for places that offer diverse attractions—hiking in the summer, festivals in the fall, and nearby skiing or other winter sports.

Understand the Local Regulations

Research Short-Term Rental Laws

Each city or town may have its own regulations for vacation rentals, including permit requirements, tax obligations, or limitations on how many nights you can rent out the property. Before making a purchase, thoroughly investigate local rules to avoid potential legal issues down the road. Some areas, particularly those with high tourism, may have stricter policies on short-term rentals.

Homeowners Associations (HOAs)

If your potential vacation rental is located within a community governed by an HOA, review their rules as well. Some HOAs limit or prohibit short-term rentals altogether, which could affect your ability to generate income from the property.

Consider Property Management

Decide on Self-Management vs. Hiring a Manager

Managing a vacation rental takes time and effort. From handling bookings to guest communication and maintenance issues, it’s a lot to juggle—especially if you don’t live near the property. Hiring a property management company can be a wise decision, as they handle everything from cleaning to booking, but it comes with a cost (usually 20-30% of your rental income). Weigh the pros and cons based on your availability and desired involvement.

Automation Tools

If you decide to self-manage, there are various tools available to streamline the process. Platforms like automated pricing tools, keyless entry systems, and online booking systems make it easier to run your rental efficiently, even from afar.

Optimize Your Property for Guests

Create an Inviting Space

The appeal of your vacation rental will largely depend on the experience you offer guests. To stand out from the competition, ensure your property is clean, well-maintained, and thoughtfully designed. Consider investing in quality furniture, comfortable bedding, and essential amenities like fast Wi-Fi, smart TVs, and fully stocked kitchens. Remember, the more comfortable and inviting your property feels, the more likely guests are to leave positive reviews and return.

Highlight Local Attractions

Guests often choose vacation rentals for their proximity to attractions. In your listing, emphasize the property’s location relative to popular landmarks, dining spots, beaches, or other tourist destinations. Providing a local guide with restaurant recommendations, nearby activities, and transportation tips is a great way to add a personal touch.

Market Your Property Effectively

Invest in Professional Photography

First impressions matter, especially in the online rental market. Listings with high-quality, professional photos perform significantly better than those with amateur snapshots. Professional photography helps showcase your property’s best features and can make a big difference in how quickly your property is booked.

Craft a Compelling Listing

Your listing should be both informative and enticing. Write a detailed description that highlights your property’s unique features and any amenities that set it apart from others. Be sure to include specifics on the number of bedrooms, bathrooms, outdoor spaces, and any special perks like a hot tub or private beach access. Use clear, friendly language to convey the welcoming read more

[danielgodwinco01]

There was a cozy mountain cabin with breathtaking views, a warm fireplace, and a hammock perfect for lazy afternoons. Yet, despite its charm, it sat empty for months.

Everything changed with the power of marketing. Stunning photos replaced dull ones, targeted ads reached nature lovers, and collaborations with travel influencers highlighted the cabin’s unique features. Suddenly, bookings poured in, filling the once-empty calendar.

The lesson? Great properties don’t sell themselves. Marketing tells the story that turns a hidden gem into a must-visit destination. Your next guest is just one click away!

[wanderlustrentals]

Airbnb Cleaning Services: Elevate Guest Experience & Maximize Reviews

Discover how professional Airbnb cleaning services can improve guest satisfaction, boost reviews, and help you maintain a top-notch listing. Learn expert tips and benefits!

[elegantlivingnow]

💼 Thinking about short-term rentals? Don't let hidden costs surprise you! Discover 5 hidden costs of short-term rentals and how to avoid them. 🏡💸

[presidentialapartmentslondon]

How to Make the Most of Your Visit to West End Live 2024 at Trafalgar Square?

The eagerly awaited musical bonanza, West End Live, will be held in June 2024 at Trafalgar Square. This is a free affair, featuring 50 or more shows performed live to an overflowing crowd of fans. 

Finding a comfortable place to stay is crucial for enjoying your time at West End Live. Short-term rental apartments in London are a fantastic option. They offer the convenience of a home-like environment and are often located close to key attractions, including Trafalgar Square. Plus having your own kitchen and living space can make your trip more relaxing and budget-friendly.

What is West End Live Trafalgar Square?

Live and free musical performances are held in West End Live. The Society of London Theatre and the Westminster City Council sponsors it annually. The show is popular for featuring top musicals that are huge crowd-pullers. In 2023, the show attracted more than 48 performances held live for over 11 hours.

Main Details of The Show

Event dates: Begins on Saturday, 22 June 2024, and ends on Sunday, 23 June 2024

Timings: 11 am to 5 pm on Saturday and from 12 noon to 5 pm on Sunday

Venue: Trafalgar Square, Westminster, Central London

Cost: Entry is free

You can read also: How to Navigate Little Venice: A Step-by-Step Guide

Transport Options to Reach Trafalgar Square

Bus: Routes 3,6,11, 12, 13, 23, 23, 53, 77A, 88, 91, 139, 159, 176, and 453. The heritage bus routes 9 and 15, where the low floor is not available are other options. 

Tube: Westminster station is the closest station. It has a step-free feature and serves the Circle, District, and Jubilee lines. Buses 453, 88, 24, and 12 are available from the station. The Square is just 150m away.

National Rail: Charing Cross station is located 325 meters from the Square. It offers a step-free route and access.

Taxi: Pre-booking (Dial-a-ride) services are available.

For smooth and hassle-free travel, visit the Travel for London (TfL) website. 

What to Expect?

With last year’s successful presentation, the June 2024 show is expected to attract over 50 performances. All-time favorites like Les Miserables, Moulin Rouge, The Lion King, and Froze are expected alongside new performances. 

Dining places close to the event

Coffee, Ice cream, water, and Pimms can be bought in the Square. For quick bites, Tortilla, Pret a Manger, and Tesco Metro are ideal. The National Gallery Café and Pizza Express offer casual dining.

Visiting Central London: Guide To Enjoy A Hassle-Free Trip

Use the TfL website to reach the venue. Overnight stay at central London serviced apartments like Presidential Serviced Apartments will ensure a comfortable and relaxing stay. With nearby transport links that are a few minutes walk away, the apartments are ideal for people in search of home comforts at competitive rates. 

The show is free, so a ticket is not needed. 

Since the event is outdoors, make sure you check the weather forecast.

It is a standing event with seating available only in the accessible viewing section.

Final Thoughts

Trafalgar Square is renowned for its exciting musical shows, of which the West End Live is a notable one. The excitement surrounding the event remains unabated as more and more top performers grace the stage every year. Make your visit this year memorable by staying at Presidential Apartments in Earls Court London, which boasts proximity to many local attractions and eateries besides the West End Live show.

[coliverentalhomes]

Tips for Finding Short-Term Rentals in Bangalore

Moving to a new city, especially for a short period, can be both exciting and daunting. Among the myriad tasks on your to-do list, finding the perfect short-term rental accommodation in Bangalore might seem like a challenging endeavour. However, armed with the right information and resources, you can streamline the process and find a comfortable abode that suits your needs. Team Colive reviews some easy-peasy ways to find perfect short term rental in Bangalore.

Colive reviews some useful tips to find short-term rental accommodation in Bangalore:

Set Your Budget: First and foremost, determine how much you’re willing to spend on rent per month and preferred location within Bangalore. While areas like Koramangala, Indiranagar, and MG Road are popular among expatriates and professionals due to their proximity to tech hubs, entertainment options, and transportation links, there are also budget-friendly neighbourhoods like HSR Layout, Electronic City, and Whitefield worth exploring.

Choose Your Location Wisely: Consider factors like proximity to work or study, transportation options, and neighbourhood amenities when selecting the area for your rental.

Utilize Online Platforms: Browse through rental listings online to explore a variety of options within your budget and preferred location. You can also hop on to colive.com to find a PG that offers flexibility in terms of services, amenities, and budget, allowing you to customize your search according to your preferences.

Read Reviews: When browsing listings, pay close attention to factors such as rental rates, security deposit requirements, included amenities (such as Wi-Fi, utilities, and housekeeping), and house rules. Reading reviews from previous tenants can provide valuable insights into the landlord’s responsiveness, the condition of the property, and overall satisfaction levels.

Contact Local Agents: Reach out to real estate agents or property management companies specializing in short-term rentals for personalized assistance and recommendations.

Negotiate Terms: Don’t hesitate to negotiate rental rates, security deposit amounts, or lease terms with the landlord or property manager, especially for longer stays.

Review Lease Agreement: Thoroughly review the terms and conditions outlined in the lease agreement before finalizing your rental to avoid any misunderstandings or surprises later on.

In conclusion, finding short-term rental accommodation in Bangalore doesn’t have to be overwhelming. By conducting thorough research, utilizing online platforms, seeking assistance from local experts, and negotiating effectively, you can secure a comfortable and convenient living space that enhances your experience in this vibrant city. Moreover when you have Colive by your side then rental accommodation serach is a cake walk. Happy house hunting!

For premium rental accommodations in Bangalore, visit: https://www.colive.com/

[pettyrevenge-base]

My landlord thought he could pull one over on me, but ended up learning the meaning of "You should've read the fine print before you signed it."

TLDR: The real estate company that owns my apartment thought they could intimidate my roommates and I into signing a new, crappier contract, but ended up getting bit by their own laziness.

Edit for Clarity: In Germany, it is common to have indefinite rental contracts, which do not have a set end date and remain in effect until termination, usually by the tenant.

Some context: I live in Germany, which has extremely strong tenant's rights.

I've been living in my apartment for about eight years now. About one year after I first moved in, I got a letter from the company that owns my apartment building. In short, it said this:

Dear Mr. X,

We are cancelling your existing rental contract. If you wish to continue renting this apartment, please sign this new contract [with higher rent] or move out within 30 days.

This scared the hell out of me. I was living in a city where the rent prices were skyrocketing and I had only just managed to find a long- term apartment I could afford. As soon as I began looking at my options, it became clear that I was either going to have to fight what was essentially an eviction or move back to the US and start building my life again just after I had finally found some stability.

After I asked around a bit, someone tipped me off to something called a Mieterverein, which is essentially a nonprofit group that advocates for tenant's rights and gives its members the opportunity to get legal advice regarding their rights as tenants.

I looked one up near me and booked it over to their office. I explained my situation, filled out some paperwork, and went to speak with the group's lawyer. I showed her the letter and my current contract and she looked over it for a few minutes without saying a word.

After what felt like an eternity, she looked at me and said in her most diplomatic German legalese, "You have nothing to worry about. This letter is bullshit" (admittedly paraphrased, but that's what it boiled down to). She then turned to a page of the contract and pointed out a single line in it: "No changes may be made to this contract unless both parties consent to the proposed changes."

In other words: as long as I refuse to sign the new contract, they can't do anything to me.

The group's lawyer then sent a letter on my behalf to the company. I received a copy of it for my records and essentially, it told the company that they would find themselves in some major trouble with the government if they continued to pursue the matter further.

About a month went by and I heard nothing further. Then, one day, a letter from the company arrived. The company basically admitted defeat and tried to cover its tail by saying that the letter was "sent in error" by "an employee who is no longer with the company."

For the next seven years, it became an annual ritual: Company sends ominous letter telling me I'm getting kicked out, I forward the letter to the Mieterverein, and the Mieterverein's lawyer sends them a letter telling them to stick the letter where the sun don't shine. And then, after attempt #8, the lawyer sent them another letter telling them to cut the crap and stop sending these letters every year. I haven't heard from them since. :)

Source: reddit.com/r/pettyrevenge

[meret118]

A new report from Popular Democracy and the Institute for Policy Studies reveals how billionaire investors have become a major driver of the nationwide housing crisis. They summarize in their own words:

Billionaire-backed private equity firms worm their way into different segments of the housing market to extract ever-increasing rents and value from multi-family rental, single-family homes, and mobile home park communities.— Global billionaires purchase billions in U.S. real estate to diversify their asset holdings, driving the creation of luxury housing that functions as “safety deposit boxes in the sky.” Estimates of hidden wealth are as high as $36 trillion globally, with billions parked in U.S. land and housing markets. — Wealthy investors are acquiring property and holding units vacant, so that in many communities the number of vacant units greatly exceeds the number of unhoused people. Nationwide there are 16 million vacant homes: that is, 28 vacant homes for every unhoused person. — Billionaire investors are buying up a large segment of the short-term rental market, preventing local residents from living in these homes, in order to cash in on tourism. These are not small owners with one unit, but corporate owners with multiple properties. — Billionaire investors and corporate landlords are targeting communities of color and low-income residents, in particular, with rent increases, high rates of eviction, and unhealthy living conditions. What’s more, billionaire-owned private equity firms are investing in subsidized housing, enjoying tax breaks and public benefits, while raising rents and evicting low-income tenants from housing they are only required to keep affordable, temporarily.

. . .

Thirty-two percent is the magic threshold, according to research funded by the real estate listing company Zillow. When neighborhoods hit rent rates in excess of 32 percent of neighborhood income, homelessness explodes. And we’re seeing it play out right in front of us in cities across America because a handful of Wall Street billionaires are making a killing.

As the Zillow study notes:

“Across the country, the rent burden already exceeds the 32 percent [of median income] threshold in 100 of the 386 markets included in this analysis….”And wherever housing prices become more than three times annual income, homelessness stalks like the grim reaper.

That Zillow-funded study laid it out:

“This research demonstrates that the homeless population climbs faster when rent affordability — the share of income people spend on rent — crosses certain thresholds. In many areas beyond those thresholds, even modest rent increases can push thousands more Americans into homelessness.”This trend is massive.

. . .

As noted in a Wall Street Journal article titled “Meet Your New Landlord: Wall Street,” in just one suburb (Spring Hill) of Nashville:

“In all of Spring Hill, four firms … own nearly 700 houses … [which] amounts to about 5% of all the houses in town.”

This is the tiniest tip of the iceberg.

“On the first Tuesday of each month,” notes the Journal article about a similar phenomenon in Atlanta, investors “toted duffels stuffed with millions of dollars in cashier’s checks made out in various denominations so they wouldn’t have to interrupt their buying spree with trips to the bank…”

The same thing is happening in cities and suburbs all across America; agents for the billionaire investor goliaths use fine-tuned computer algorithms to sniff out houses they can turn into rental properties, making over-market and unbeatable cash bids often within minutes of a house hitting the market.

. . .

As the Bank of International Settlements summarized in a 2014 retrospective study of the years since the Reagan/Gingrich changes in banking and finance:

“We describe a Pareto frontier along which different levels of risk-taking map into different levels of welfare for the two parties, pitting Main Street against Wall Street. … We also show that financial innovation, asymmetric compensation schemes, concentration in the banking system, and bailout expectations enable or encourage greater risk-taking and allocate greater surplus to Wall Street at the expense of Main Street

.”It’s a fancy way of saying that billionaire-owned big banks and hedge funds have made trillions on housing while you and your community are becoming destitute.

. . .

Turns out it was Blackstone Group, now the world’s largest real estate investor run by a major Trump supporter. At the time they were buying $150 million worth of American houses every week, trying to spend over $10 billion. And that’s just a drop in the overall bucket.

As that new study from Popular Democracy and the Institute for Policy Studies found:

“[Billionaire Stephen Schwarzman’s] Blackstone is the largest corporate landlord in the world, with a vast and diversified real estate portfolio. It owns more than 300,000 residential units across the U.S., has $1 trillion in global assets, and nearly doubled its profits in 2021. “Blackstone owns 149,000 multi-family apartment units; 63,000 single-family homes; 70 mobile home parks with 13,000 lots through their subsidiary Treehouse Communities; and student housing, through American Campus Communities (144,300 beds in 205 properties as of 2022). Blackstone recently acquired 95,000 units of subsidized housing.”

In 2018, corporations and the billionaires that own or run them bought 1 out of every 10 homes sold in America, according to Dezember, noting that:

“Between 2006 and 2016, when the homeownership rate fell to its lowest level in fifty years, the number of renters grew by about a quarter.”

And it’s gotten worse every year since then.

. . .

Warren Buffett, KKR, and The Carlyle Group have all jumped into residential real estate, along with hundreds of smaller investment groups, and the National Home Rental Council has emerged as the industry’s premiere lobbying group, working to block rent control legislation and other efforts to control the industry.

As John Husing, the owner of Economics and Politics Inc., told The Tennessean newspaper:

“What you have are neighborhoods that are essentially unregulated apartment houses. It could be disastrous for the city.”

As Zillow found:

“The areas that are most vulnerable to rising rents, unaffordability, and poverty hold 15 percent of the U.S. population — and 47 percent of people experiencing homelessness.”

. . .

The loss of affordable homes also locks otherwise middle class families out of the traditional way wealth is accumulated — through home ownership: over 61% of all American middle-income family wealth is their home’s equity.

And as families are priced out of ownership and forced to rent, they become more vulnerable to homelessness.

Housing is one of the primary essentials of life. Nobody in America should be without it, and for society to work, housing costs must track incomes in a way that makes housing both available and affordable.

Singapore, Denmark, New Zealand, and parts of Canada have all put limits on billionaire, corporate, and foreign investment in housing, recognizing families’ residences as essential to life rather than purely a commodity. Multiple other countries are having that debate or moving to take similar actions as you read these words.

To address the housing shortage and bring down prices for renters and homeowners alike, the Harris campaign’s plan calls for a historic expansion of the Low-Income Housing Tax Credit (LIHTC) and the first-ever tax incentive for homebuilders who build starter homes sold to first-time homebuyers. Building upon the Biden-Harris administration’s proposed $20 billion innovation fund, the campaign proposes a $40 billion fund that would support local innovations in housing supply solutions, catalyze innovative methods of construction financing, and empower developers and homebuilders to design and build affordable homes.

To cut red tape and bring down housing costs, the plan calls for streamlining permitting processes and reviews, including for transit-oriented development and conversions. The agenda also proposes making certain federal lands eligible to be repurposed for affordable housing development. Collectively, these policy proposals seek to create 3 million homes in the next four years.

The campaign plan cites the Biden-Harris administration’s ongoing actions to support the lowest-income renters, including its actions to expand rental assistance for veterans and other low-income renters, increase housing supply for people experiencing homelessness, enforce fair housing laws, and hold corporate landlords accountable.

Building upon these commitments, the Harris agenda calls upon Congress to pass the “Stop Predatory Investing Act,” which would remove key tax benefits for major investors who acquire large numbers of single-family rental homes (see Memo, 7/17/23), and the “Preventing the Algorithmic Facilitation of Rental Housing Cartels Act,” which would crack down on algorithmic rent-setting software that enables price-fixing among corporate landlords.

To make homeownership attainable, Vice President Harris’s proposal would provide up to $25,000 in downpayment assistance for first-time homebuyers who have paid their rent on time for two years. First-generation homeowners – those whose parents did not own homes – would receive more generous assistance.

Vice President Harris’s economic agenda also includes proposals to lower grocery costs, lower the costs of prescription drugs and relieve medical debt, and cut taxes for workers and families with children. The plan would restore the American Rescue Plan’s expanded Child Tax Credit, which provided up to $3,600 per child for low- and middle-income families for one year before it expired in 2022, and would enact a new $6,000 tax credit for families in the first year after their child is born. These measures to reduce expenses and boost household income would also improve housing security for low-income families, who often face impossible tradeoffs between paying rent and affording food, medical care, and other basic needs.

-----

Sorry for the length, but I thought this was really important.

[posttexasstressdisorder]

How Trump's billionaires are hijacking affordable housing

Thom Hartmann

October 24, 2024 8:52AM ET

Republican presidential nominee and former U.S. President Donald Trump attends the 79th annual Alfred E. Smith Memorial Foundation Dinner in New York City, U.S., October 17, 2024. REUTERS/Brendan McDermid

America’s morbidly rich billionaires are at it again, this time screwing the average family’s ability to have decent, affordable housing in their never-ending quest for more, more, more. Canada, New Zealand, Singapore, and Denmark have had enough and done something about it: we should, too.

There are a few things that are essential to “life, liberty, and the pursuit of happiness” that should never be purely left to the marketplace; these are the most important sectors where government intervention, regulation, and even subsidy are not just appropriate but essential. Housing is at the top of that list.

A few days ago I noted how, since the Reagan Revolution, the cost of housing has exploded in America, relative to working class income.

When my dad bought his home in the 1950s, for example, the median price of a single-family house was around 2.2 times the median American family income. Today the St. Louis Fed says the median house sells for $417,700 while the median American income is $40,480—a ratio of more than 10 to 1 between housing costs and annual income.

ALSO READ: He’s mentally ill:' NY laughs ahead of Trump's Madison Square Garden rally

In other words, housing is about five times more expensive (relative to income) than it was in the 1950s.

And now we’ve surged past a new tipping point, causing the homelessness that’s plagued America’s cities since George W. Bush’s deregulation-driven housing- and stock-market crash in 2008, exacerbated by Trump’s bungling America’s pandemic response.

And the principal cause of both that crash and today’s crisis of homelessness and housing affordability has one, single, primary cause: billionaires treating housing as an investment commodity.

A new report from Popular Democracy and the Institute for Policy Studies reveals how billionaire investors have become a major driver of the nationwide housing crisis. They summarize in their own words:

— Billionaire-backed private equity firms worm their way into different segments of the housing market to extract ever-increasing rents and value from multi-family rental, single-family homes, and mobile home park communities. — Global billionaires purchase billions in U.S. real estate to diversify their asset holdings, driving the creation of luxury housing that functions as “safety deposit boxes in the sky.” Estimates of hidden wealth are as high as $36 trillion globally, with billions parked in U.S. land and housing markets. — Wealthy investors are acquiring property and holding units vacant, so that in many communities the number of vacant units greatly exceeds the number of unhoused people. Nationwide there are 16 million vacant homes: that is, 28 vacant homes for every unhoused person. — Billionaire investors are buying up a large segment of the short-term rental market, preventing local residents from living in these homes, in order to cash in on tourism. These are not small owners with one unit, but corporate owners with multiple properties. — Billionaire investors and corporate landlords are targeting communities of color and low-income residents, in particular, with rent increases, high rates of eviction, and unhealthy living conditions. What’s more, billionaire-owned private equity firms are investing in subsidized housing, enjoying tax breaks and public benefits, while raising rents and evicting low-income tenants from housing they are only required to keep affordable, temporarily. (Emphasis theirs.)

It seems that everywhere you look in America you see the tragedy of the homelessness these billionaires are causing. Rarely, though, do you hear about the role of Wall Street and its billionaires in causing it.

The math, however, is irrefutable.

Thirty-two percent is the magic threshold, according to research funded by the real estate listing company Zillow. When neighborhoods hit rent rates in excess of 32 percent of neighborhood income, homelessness explodes. And we’re seeing it play out right in front of us in cities across America because a handful of Wall Street billionaires are making a killing.

As the Zillow study notes:

“Across the country, the rent burden already exceeds the 32 percent [of median income] threshold in 100 of the 386 markets included in this analysis….”

And wherever housing prices become more than three times annual income, homelessness stalks like the grim reaper. That Zillow-funded study laid it out:

“This research demonstrates that the homeless population climbs faster when rent affordability — the share of income people spend on rent — crosses certain thresholds. In many areas beyond those thresholds, even modest rent increases can push thousands more Americans into homelessness.”

This trend is massive.

As noted in a Wall Street Journal article titled “Meet Your New Landlord: Wall Street,” in just one suburb (Spring Hill) of Nashville:

“In all of Spring Hill, four firms … own nearly 700 houses … [which] amounts to about 5% of all the houses in town.”

This is the tiniest tip of the iceberg.

“On the first Tuesday of each month,” notes the Journal article about a similar phenomenon in Atlanta, investors “toted duffels stuffed with millions of dollars in cashier’s checks made out in various denominations so they wouldn’t have to interrupt their buying spree with trips to the bank…”

The same thing is happening in cities and suburbs all across America; agents for the billionaire investor goliaths use fine-tuned computer algorithms to sniff out houses they can turn into rental properties, making over-market and unbeatable cash bids often within minutes of a house hitting the market.

After stripping neighborhoods of homes young families can afford to buy, billionaires then begin raising rents to extract as much cash as they can from local working class communities.

In the Nashville suburb of Spring Hill, the vice-mayor, Bruce Hull, told the Journal you used to be able to rent “a three bedroom, two bath house for $1,000 a month.” Today, the Journal notes:

“The average rent for 148 single-family homes in Spring Hill owned by the big four [Wall Street billionaire investor] landlords was about $1,773 a month…”

As the Bank of International Settlements summarized in a 2014 retrospective study of the years since the Reagan/Gingrich changes in banking and finance:

“We describe a Pareto frontier along which different levels of risk-taking map into different levels of welfare for the two parties, pitting Main Street against Wall Street. … We also show that financial innovation, asymmetric compensation schemes, concentration in the banking system, and bailout expectations enable or encourage greater risk-taking and allocate greater surplus to Wall Street at the expense of Main Street.”

It’s a fancy way of saying that billionaire-owned big banks and hedge funds have made trillions on housing while you and your community are becoming destitute.

Ryan Dezember, in his book Underwater: How Our American Dream of Homeownership Became a Nightmare, describes the story of a family trying to buy a home in Phoenix. Every time they entered a bid, they were outbid instantly, the price rising over and over, until finally the family’s father threw in the towel.

“Jacobs was bewildered,” writes Dezember. “Who was this aggressive bidder?”

Turns out it was Blackstone Group, now the world’s largest real estate investor run by a major Trump supporter. At the time they were buying $150 million worth of American houses every week, trying to spend over $10 billion. And that’s just a drop in the overall bucket.

As that new study from Popular Democracy and the Institute for Policy Studies found:

“[Billionaire Stephen Schwarzman’s] Blackstone is the largest corporate landlord in the world, with a vast and diversified real estate portfolio. It owns more than 300,000 residential units across the U.S., has $1 trillion in global assets, and nearly doubled its profits in 2021. “Blackstone owns 149,000 multi-family apartment units; 63,000 single-family homes; 70 mobile home parks with 13,000 lots through their subsidiary Treehouse Communities; and student housing, through American Campus Communities (144,300 beds in 205 properties as of 2022). Blackstone recently acquired 95,000 units of subsidized housing.”

In 2018, corporations and the billionaires that own or run them bought 1 out of every 10 homes sold in America, according to Dezember, noting that:

“Between 2006 and 2016, when the homeownership rate fell to its lowest level in fifty years, the number of renters grew by about a quarter.”

And it’s gotten worse every year since then.

This all really took off around a decade ago following the Bush Crash, when Morgan Stanley published a 2011 report titled “The Rentership Society,” arguing that snapping up houses and renting them back to people who otherwise would have wanted to buy them could be the newest and hottest investment opportunity for Wall Street’s billionaires and their funds.

Turns out, Morgan Stanley was right. Warren Buffett, KKR, and The Carlyle Group have all jumped into residential real estate, along with hundreds of smaller investment groups, and the National Home Rental Council has emerged as the industry’s premiere lobbying group, working to block rent control legislation and other efforts to control the industry.

As John Husing, the owner of Economics and Politics Inc., told The Tennessean newspaper:

“What you have are neighborhoods that are essentially unregulated apartment houses. It could be disastrous for the city.”

As Zillow found:

“The areas that are most vulnerable to rising rents, unaffordability, and poverty hold 15 percent of the U.S. population — and 47 percent of people experiencing homelessness.”

The loss of affordable homes also locks otherwise middle class families out of the traditional way wealth is accumulated — through home ownership: over 61% of all American middle-income family wealth is their home’s equity.

And as families are priced out of ownership and forced to rent, they become more vulnerable to homelessness.

Housing is one of the primary essentials of life. Nobody in America should be without it, and for society to work, housing costs must track incomes in a way that makes housing both available and affordable.

Singapore, Denmark, New Zealand, and parts of Canada have all put limits on billionaire, corporate, and foreign investment in housing, recognizing families’ residences as essential to life rather than purely a commodity. Multiple other countries are having that debate or moving to take similar actions as you read these words.

America should, too.

ALSO READ: Not even ‘Fox and Friends’ can hide Trump’s dementia

[abundancewithher]

Budgeting Tips

Hey young stars and hearts! As you all may know, i am on my big girl finance journey and if you didn’t know you do! Welcome or welcome back my loves! My name is Mimi if you are just coming across my posts.

My goal is to be a representation for the finance, manifestation, and money mindset for black girls and other POC. I spend a lot of money, that’s okay because i am changing my mindset about money. Instead of surviving in scarcity mindset, choosing to live in abundance mindset. Living in a state of abundance does require a little work.

As much as i changing my mindset into believing i am deserving of more money and that it flows to me effortlessly, I want to actually keep it and not over spend my money that flows to me easily by overindulging.

So, with that being said, here are some budgeting tips i will be implementing into my finances to improve my financial health:

- Assessing Your Financial Situation

Before you can create a budget, you need to understand your current financial situation. Take a peek into those bank credit card statements! This all includes:

- Bank statements

- Credit card statements

- Pay stubs

- Bills and receipts

2. - Calculate Your Monthly Income

Determine your total monthly income, this is very crucial. I cannot stress this enough! This includes your salary, any freelance or side income, rental income, dividends, and any other sources of income. Make sure to calculate your net income (after taxes) rather than your gross income. Write down an estimate in a monthly budget planner, if you don’t have one you can purchase one here, or write it on paper to stay organized.

3. - List Your Monthly Expenses

Make a list of all your monthly expenses. You actually might not have any, but what if you’re down to your last five dollars and Apple just takes that shit? That would be frustrating, right? because you didn’t know it was coming up or that you even had a subscription for anything at all, list that also! These can be categorized into fixed and variable expenses:

- **Fixed Expenses:** Rent or mortgage, utilities, insurance, car payments, and subscriptions.

- **Variable Expenses:** Groceries, dining out, entertainment, clothing, and miscellaneous expenses.

4. - Track Your Spending

For at least one month, track every penny you spend. This will give you a clear picture of where your money is going and help identify areas where you can cut back. Use a spreadsheet, or budgeting app, purchase a budget planner, or write it down in a notebook.

5. - Set Financial Goals

Define your financial goals. These could be short-term (e.g., paying off a credit card), medium-term (e.g., saving for a vacation), or long-term (e.g., retirement savings). Having clear goals will motivate you to stick to your budget.

6. - Create Your Budget

With your income, expenses, and financial goals in mind, create your budget. Allocate a specific amount of money to each category of expenses. Make sure to prioritize essentials (like housing, utilities, and groceries) before allocating money to discretionary spending (like entertainment and dining out).

Example Budget Categories:

Housing: $1,200

Utilities: $200

Groceries: $400

7. - Stay Committed and Be Flexible

Sticking to a budget requires commitment and discipline. Be patient with yourself and remember that it's okay to make mistakes. If unexpected expenses arise, adjust your budget accordingly. The key is to remain flexible and adaptable while staying focused on your financial goals.

These are tips I have created according to my digital budget planner, which can be purchased below. Again, building your finances takes time and discipline but it is very rewarding once you actually start to create a flow and a plan. I am implementing this asap to get ahead of my finances. Have fun with this of course!

Budget Planner

xoxo mimi💋

[attorneyssphuket]

Property Leasehold in Phuket

Phuket, Thailand, with its pristine beaches, vibrant culture, and thriving tourism industry, has long been a popular destination for foreigners seeking to invest in or rent property. While the process of leasing property in Phuket can be relatively straightforward, it's essential to understand the nuances and legal considerations to ensure a smooth and successful experience.

Understanding the Types of Leases

Short-Term Leases (30 days or less): These are typically used for vacation rentals and are generally managed by property management companies. They offer flexibility but often come with higher rental rates.

Long-Term Leases (1 year or more): These are more common for individuals seeking a permanent or semi-permanent residence in Phuket. They provide stability and can often result in lower rental rates.

Key Considerations for Foreigners

Lease Agreement: A well-crafted lease agreement is crucial to protect your interests. Ensure it clearly outlines the rental amount, duration, maintenance responsibilities, security deposit, and dispute resolution procedures.

Visa Requirements: Your visa status will significantly impact your ability to lease property. While some visas allow for long-term residency, others may have restrictions. Consult with immigration authorities to determine the appropriate visa for your circumstances.

Property Management: Consider hiring a reputable property management company to handle day-to-day tasks like rent collection, maintenance, and tenant disputes. This can save you time and effort, especially if you're not residing in Phuket full-time.

Local Laws and Regulations: Familiarize yourself with Thai property laws and regulations, including tenancy agreements, rent control, and dispute resolution processes. It's advisable to consult with a local lawyer to ensure compliance.

Rental Market Analysis: Research the rental market in your desired area to understand current rental rates, demand, and trends. This information can help you negotiate favorable terms and make informed decisions.

Cultural and Social Norms: Be mindful of Thai cultural and social norms, especially regarding tenant-landlord relationships. Respecting local customs can contribute to a harmonious living environment.

Tips for Successful Property Leasing

Thorough Inspection: Before signing a lease, conduct a thorough inspection of the property to identify any existing issues.

Negotiation: Don't hesitate to negotiate rental rates, terms, and conditions. A well-prepared and informed approach can lead to favorable outcomes.

Emergency Fund: Set aside an emergency fund to cover unexpected expenses, such as repairs or maintenance costs.

Communication: Maintain open and effective communication with your landlord or property manager to address any concerns promptly.

By carefully considering these factors and following the guidelines outlined above, foreigners can successfully navigate the property leasing process in Phuket and enjoy a fulfilling experience in this beautiful tropical paradise.

[rental-realities]

Welcome to Rental Realities of 2024! Whether you’re a long-time renter, a newbie to the rental world, or a landlord trying to keep up with the latest trends, you’ve come to the right place. This year, the rental market is buzzing with changes and new opportunities, and we're here to help you make sense of it all.

What’s New in the Rental Market This Year?

2024 has been quite the rollercoaster for renters and landlords alike. Here’s a snapshot of what’s shaping the rental landscape:

**1. Flexibility is the New Trend With remote work becoming the norm for many, people are looking for more flexible living arrangements. Short-term leases and month-to-month options are in high demand. If you’re a renter who likes to keep your options open, you’ll find plenty of properties that cater to this need. For landlords, offering these flexible terms can make your property more attractive to a wider range of potential tenants.

**2. Sustainability is on the Rise Eco-friendly living isn’t just a fad anymore—it’s a major factor in rental decisions. Many renters are now on the lookout for properties with energy-efficient features and sustainable practices. If you’re a landlord, investing in green upgrades like solar panels or energy-efficient appliances might just give you the edge you need in a competitive market.

**3. Tech is Taking Over Smart home technology continues to make waves. From smart thermostats that save you money on energy bills to security systems that give you peace of mind, renters are increasingly expecting these tech perks. If you’re a renter, don’t hesitate to ask about these features. And if you’re a landlord, incorporating smart tech could make your property stand out.

**4. Rising Rents and Budgeting Unfortunately, many areas are seeing an increase in rental prices. With inflation and high demand driving up costs, it’s important to budget carefully. Renters should be prepared for potential rent hikes, while landlords should stay aware of market trends to set fair and competitive rates.

**5. Community and Amenities Matter Renters are placing more value on community and amenities. Properties with access to gyms, co-working spaces, and green areas are becoming increasingly desirable. And let’s not forget about the neighborhood itself—good schools, local shops, and convenient transport links are huge pluses.

Tips for Renters in 2024

**1. Do Your Homework Before you sign on the dotted line, take the time to research the area. Check out local developments, future projects, and the overall vibe of the neighborhood. This can help you make an informed choice and avoid surprises.

**2. Consider Flexibility If your lifestyle allows, look into flexible lease options. Short-term leases or month-to-month agreements might give you the freedom you need, especially in these unpredictable times.

**3. Embrace Smart Living When searching for a new place, keep an eye out for smart home features. They can make your life easier and potentially lower your bills. Don’t be shy about asking landlords what tech upgrades are available.

**4. Budget Wisely With rental prices on the rise, it’s crucial to manage your finances carefully. Plan for potential rent increases and additional costs. A solid budget can help you stay on top of your expenses and avoid stress.

Tips for Landlords in 2024

**1. Go Green Consider making eco-friendly upgrades to your property. Not only will this attract environmentally conscious renters, but it could also save you money in the long run and boost your property’s value.

**2. Upgrade to Smart Tech Adding smart technology to your property can make it more appealing. Features like smart locks, thermostats, and security systems are becoming must-haves for many renters.

**3. Offer Flexibility With the demand for flexible leases growing, think about offering shorter-term options or customizable rental agreements. This can help you attract a wider range of tenants and reduce vacancies.

**4. Stay Informed Keep an eye on market trends and economic factors that might impact rental rates and tenant expectations. Staying up-to-date will help you make smart decisions and stay competitive.

Wrapping It Up

2024 has brought some exciting changes and challenges to the rental market. Whether you’re renting or leasing, staying informed and adapting to new trends will help you navigate this evolving landscape. Thanks for joining us at Rental Realities of 2024! We’re here to provide you with the latest insights and tips to make your rental experience as smooth and successful as possible.

Got questions or topics you want us to cover? Drop us a line—we’d love to hear from you. Here’s to a great year ahead in the rental world!

#RentalRealities2024 🏠#RentingIn2024 📅#ModernRentals 🌟#RentalTrends2024 📈#LeaseLife2024 🗝️#SmartLiving 🏡🔌#EcoFriendlyRentals 🌱#FlexibleLeases 🔄#TechSavvyRentals 📱#HousingHappenings 🏘️#RentalMarketUpdate 🔍#SustainableLiving 🌍#RentersGuide 📚

[stlivingla]

Discover the Best Rooftop Decks for Rent in Koreatown

Introduction: Are you looking for a unique and vibrant living experience in Los Angeles? Look no further than the rooftop decks for rent in Koreatown by Stlivingla. Koreatown is known for its lively atmosphere, cultural diversity, and stunning views of the city skyline. With Stlivingla's exceptional rooftop deck options, you can enjoy the best of what Koreatown has to offer. In this blog, we'll explore the benefits of renting a rooftop deck in Koreatown and why Stlivingla is the perfect choice for your next home. The Appeal of Rooftop Decks in Koreatown 1. Spectacular Views One of the main attractions of renting a rooftop deck in Koreatown is the breathtaking views. Imagine waking up to panoramic vistas of Los Angeles, with the iconic Hollywood Sign and downtown skyline in the distance. Stlivingla's rooftop decks provide an unparalleled vantage point to enjoy these stunning sights every day. 2. Vibrant Community Koreatown is known for its vibrant community and bustling nightlife. Living in a rooftop deck rental by Stlivingla puts you at the heart of this dynamic neighborhood. From trendy restaurants and cafes to cultural landmarks and entertainment venues, there's always something exciting happening in Koreatown. 3. Outdoor Living Space In a city where space is at a premium, having access to a private outdoor area is a luxury. Stlivingla's rooftop decks offer spacious outdoor living areas where you can relax, entertain guests, or simply enjoy the beautiful California weather. It's the perfect setting for hosting barbecues, yoga sessions, or stargazing nights. Why Choose Stlivingla for Rooftop Deck Rentals? Expertise and Experience Stlivingla has a reputation for providing high-quality rental properties in some of Los Angeles's most sought-after neighborhoods. With years of experience in the real estate market, they understand the needs of their tenants and are dedicated to offering exceptional living spaces. Prime Locations Stlivingla's rooftop deck rentals are strategically located in prime areas of Koreatown. This ensures that you're always close to essential amenities, public transportation, and the vibrant cultural scene that Koreatown is famous for. Modern Amenities Each rooftop deck rental by Stlivingla is equipped with modern amenities to enhance your living experience. Expect features like high-speed internet, state-of-the-art appliances, and stylish interiors designed for comfort and convenience. Flexible Lease Options Stlivingla offers flexible lease options to cater to different needs and preferences. Whether you're looking for a short-term rental or a long-term lease, they have options to suit your lifestyle. Exceptional Customer Service Stlivingla prides itself on providing excellent customer service. Their responsive and professional team is always ready to assist you with any queries or concerns, ensuring a smooth and enjoyable renting experience. Tips for Renting a Rooftop Deck in Koreatown Consider Your Budget Before renting a rooftop deck, it's important to consider your budget. Stlivingla offers a range of options to fit different price points, so you can find a rental that meets your financial needs. Check the Amenities Make sure to check the amenities offered with the rooftop deck rental. Look for features that are important to you, such as secure parking, fitness centers, or communal spaces. Visit the Property If possible, visit the property in person to get a feel for the space and its surroundings. This will help you ensure that the rooftop deck meets your expectations and preferences.

[wanderlustrentals]

Airbnb Staging Service: Attract More Guests & Maximize Bookings

Discover how your Airbnb staging service can transform your listing, attract more guests, and increase your bookings. Expert tips on professional staging for your rental.

[oceanbreezebandb]

Your Ultimate Guide: Finding Last-minute Short-term Suites in North Vancouver

There's a certain excitement that comes with spontaneous travel plans, and sometimes the best adventures are the ones that aren't meticulously planned months in advance. Whether you're a spontaneous traveler by nature or circumstances have led you to plan a last-minute trip, finding suitable accommodations on short notice can be a challenge. However, in North Vancouver, even last-minute travelers can find comfortable and convenient short-term suites to call home during their stay.

Exploring North Vancouver’s short-term suite options:

North Vancouver offers a variety of short-term suite options, ranging from cozy studios to spacious apartments, all of which are perfect for travelers seeking flexibility and convenience. These suites typically come fully furnished and equipped with all the amenities you need for a comfortable stay, including kitchen facilities, Wi-Fi access, and in-suite laundry. Whether you're traveling solo, with a partner, or with a group of friends or family, there's a last-minute short-term suite in North Vancouver to suit your needs.

Benefits of last-minute short-term suites:

While planning a trip at the last minute may seem stressful, there are actually several benefits to booking a short-term suite on short notice. For one, you may be able to take advantage of discounted rates or special offers that are available to travelers who book their accommodations at the eleventh hour. Additionally, booking a short-term suite allows you to enjoy the flexibility of staying for as long or as short a time as you'd like, without being tied down by strict reservation policies.

Tips for finding last-minute short-term suites:

If you find yourself in need of last-minute accommodations in North Vancouver, don't panic – there are several strategies you can use to secure a short-term suite on short notice. One option is to search online booking platforms and travel websites, where you can often find a variety of short-term rentals available for immediate booking. Alternatively, you can reach out directly to local property management companies or short-term rental hosts to inquire about availability. Finally, consider expanding your search to include nearby neighborhoods or suburbs, as this can increase your chances of finding a suitable short-term suite on short notice.

Making the most of your last-minute stay:

Once you've secured your last-minute short-term suite in North Vancouver, it's time to start planning your itinerary and making the most of your time in this beautiful city. Take advantage of the suite's convenient location to explore North Vancouver's many attractions, from scenic hiking trails and waterfront parks to bustling markets and cultural landmarks. Be sure to also indulge in the city's vibrant culinary scene, with a plethora of restaurants and cafes serving up delicious cuisine from around the world.

Embracing spontaneity and adventure:

While last-minute travel can sometimes be unpredictable, it also presents an opportunity to embrace spontaneity and adventure. Use your time in North Vancouver to explore new neighborhoods, try new activities, and connect with fellow travelers and locals alike. Whether you're embarking on a solo journey of self-discovery or enjoying a spontaneous getaway with loved ones, your last-minute short-term suite in North Vancouver is sure to be the perfect home base for your adventures.

Planning for future trips:

While last-minute travel can be exhilarating, it's also a good idea to plan ahead for future trips to North Vancouver. Consider bookmarking your favorite short-term suite options for future reference, or even setting up alerts to notify you of any last-minute deals or availability. By planning ahead, you can ensure that you have plenty of time to research and book the perfect accommodations for your next visit to this captivating city.

Conclusion:

In conclusion, finding last-minute short-term suites in North Vancouver is easier than you might think, thanks to the city's wide range of accommodation options and flexible booking policies. Whether you're seeking a spontaneous adventure or simply need a place to rest your head at the last minute, North Vancouver has everything you need for a memorable stay. So why wait? Start planning your last-minute getaway today and discover all that this dynamic city has to offer.