This week in property management news: September 19, 2016

Katrina Langer
Katrina Langer | 2 min. read

Published on September 19, 2016

Airbnb tests property managers for short-term rentals; a new app helps New Yorkers find the right neighborhood for them; parking lots drop in popularity and significance; Vancouver taxes empty rentals to improve the vacancies rate and decrease bidding wars; and a record number of renters renew their leases in 2016.

Airbnb Tests “Superhosts”

TechCrunch reports that the short-term rental giant, Airbnb, is testing a new service: Experienced Hosts, which act as property managers for would-be hosts.

Not Sure Where to Live? There’s an App for That

Finding a place to live online can be overwhelming, especially if it’s unclear which neighborhoods are the safest, most convenient, or most comfortable for the money. The New York Times reports there’s a new app to help tenants find their dream apartments.

City Developers Kick Parking Lots to the Curb

The Wall Street Journal reports that developers in New York and California are voting against the parking lot or parking structure. Instead, they’re encouraging residents to walk, bike, and use public transportation.

Vancouver Levies Tax Against Empty Rentals

Bloomberg reports that Vancouver’s near-zero rental supply has resulted in new legislation that targets the nearly 20,000 empty and/or under-utilized homes on the market to improve the vacancy rate and the stressful rental market.

Record Number of Renters Renew Their Leases

Business Insider reports a record-breaking lease renewal rate in 2016, due in part to the stress and difficulty of buying a home.

Read more on Property Management Trends
Katrina Langer

Katrina is the author of several Buildium ebooks and guides. She holds a B.A. in English from Northeastern University.

Trending Stories For You
Accounting & Taxes The ins and outs of HOA reserve fund accounting
If you talk to an association and ask them about their HOA reserve fund accounting, you may hear some pretty unfortunate stories that happened before…
Laurie Mega
| 13 min. read
Accounting & Taxes How does a 1031 exchange work? Everything property managers need to know
There are many reasons why an investor might want to consider doing a 1031 exchange. Maybe it’s to avoid paying capital gains taxes right away.…
Amanda Maher
| 5 min. read
Legal Considerations Fire insurance 101: What landlords & property managers need to know
Residential fires are as costly as they are common. In 2021, there were almost 1.4 million fires resulting in $16 billion in losses, according to…
Jason Van Steenwyk
| 9 min. read

Be a more productive
property manager