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I'm not sure why this isn't the top comment on any of these threads. The only place that I know of that gives tenants an absolute right to sublet is Chicago (https://www.cityofchicago.org/content/dam/city/depts/dcd/gen... see:SUBLEASES) Where this right doesn't exist, the standard tenant agreement will come to always contain a no AirBnB clause.

AirBnB will be a thing that landlords do. Property management companies are against it because it automates them out of existence. For landlords, it will be an unprecedented boon. Eventually people will be bragging about buying a 1 year lease on property like they once bragged about buying property.

This terrifies me, because I think that it will be a fairly irreversible phase change that solves the massive vacancy rate problem that we've had since the property bubble inflated. It's like German work sharing applied to housing (the vacancy rate will be spread more evenly across rental properties over time.)



Why does it terrify you?


Because rents will double.




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