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Canada's First Nations are constructing dense new housing in the country's most expensive city. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementCanada's First Nations are breaking new ground with several major housing developments in the city of Vancouver. One project minutes away from downtown Vancouver, being built by the Squamish Nation, will include 11 towers and 6,000 housing units. Take a look at these projects and the future of housing in Vancouver.
Persons: , Brennan Cook, Cook Organizations: Service, Business, Nation, Nations, MST, Corporation Locations: Canada, Vancouver, , Squamish, Waututh
Read previewOne Ohio couple is all-in on ambitious project to turn historic train cabooses into short-term rental getaways. Ray and Karen DeVite spoke to Business Insider about the project, which all began with a fateful Facebook Marketplace scroll. One night, Karen was scrolling Facebook and by chance saw an advertisement for a historic train caboose. Now, the couple has a historic 1970's Chessie System caboose and 1950's Nickel Plate Road caboose, purchased from the same seller they found on Facebook. The DeVites unknowingly tapped into a massive community of train enthusiasts and have been connected with historic caboose fans through Facebook groups.
Persons: , Ray, Karen DeVite, Karen Organizations: Service, Business, Facebook Locations: Xenia , Ohio
This story is available exclusively to Business Insider subscribers. AdvertisementA representative for Sternlicht told Business Insider the house was to be demolished but did not provide further comment. The tony island of Nantucket is a favorite among billionaires like former Google CEO Eric Schmidt and Blackstone leader Steve Schwarzman. "Erosion takes out houses, roads, infrastructure, sewer beds, even airport runways," he told Business Insider. Despite the island's propensity for natural destruction, the town has strict rules regarding what structures owners can take down.
Persons: Barry, Sternlicht, Forbes, Shelly Lockwood, tony, Eric Schmidt, Steve Schwarzman, James Pallota, Pallota, Lockwood, Brendan Maddigan, Steven Cohen, Cohen Organizations: Service, Billionaire, Business, Sternlicht, Nantucket Current, Blackstone, Celtics, Boston Globe Locations: Nantucket
Now, after she made her pitch at the VFW hall, attendees clamored around Widell, eager to have her manage their Airbnb rentals. The reign of the Airbnb Queen of Tulsa was over — and her subjects were left to pick up the pieces. Dominic Bugatto for BIThe "Queen of Airbnb" label, which started off as Widell's Airbnb account name, helped create an aura of omnipotence. According to those familiar with the business, Widell seemed to be shifting her focus away from Airbnb rentals to the house-staging business. Today, her "Tulsa Airbnb Group" on Facebook remains active, with some 1,000 members.
Persons: Airbnb, Dani Widell, Widell, Kathy Portley, weren't, , Emily Burke, Will Widell, They'd, thrifty, Will, who'd, Logan Haskett, Dominic Bugatto, Burke, hadn't, Knikki Nash, she'd, Mallory Massey, Massey, David Brunson, Brunson, Renee Brummett, We've, Dani hasn't, Brummett, doorstepped, unraveled, Nash, Dani, Widell's, carting, Will cosigned, Brummet, Tulsa's, Meagan McCollum, Bram Gallagher, Gallagher, Dan Latu Organizations: VFW, Tulsa, Facebook, Tulsa Real Estate Investors Association, Oklahoma State University, Tulsa People, Mahogany Prime, Summit, Downtown, Social, Bank of America Center, PGA, Investors, Widell, Employees, Rover, BI, nonpayment, University of Tulsa, Business Locations: Tulsa, Tulsa ., Widell, Airbnb, Brady, Arkansas,
The homes of New York City's young men are being captured on camera — and it isn't pretty. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Welcome to "Boy Room," the new series in which Coster and a cameraperson venture into the unruly habitats of New York City's men and try to offer advice. AdvertisementComedian Rachel Coster is bravely revealing the bedrooms of New York City's young men.
Persons: Rachel Coster, , Coster, he'd, Vader, It's, corks, Chris, Jerome Peel, Peel, they've, Dan, couldn't Organizations: Service, Gymnasium, Peel, Village Locations: New York, New York City, West, TikTok, Brooklyn's Boerum Hill, Manhattan's Chinatown, Boston , Philadelphia, Los Angeles, LA
But Zillow identified 5 US cities with the most homeowners likely to move — and sell their homes. Millennials and others struggling to buy homes may have better luck in the Northeast and Midwest. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe current tight housing market is often reduced to a generational standoff: baby boomers are holding onto their houses, keeping out millennial buyers. This story is available exclusively to Business Insider subscribers.
Persons: Zillow, Organizations: Service, Business Locations: Millennials, Northeast, Midwest
Realtor.com and Kelley Blue Book ranked the top 20 US cities for EV owners to live. Cities that ranked highly have more homes that can accommodate EVs and more public charging ports. First, the percentage of homes in a market that advertised their friendliness for electric vehicles, including at-home charging stations. Second, the density of electric vehicles compared to available public charging ports. Read on for the top 20 metros for electric-car owners, as determined by Realtor.com and Kelley Blue Book.
Persons: Realtor.com, Kelley, , Biden, Danielle Hale, Read Organizations: Kelley Blue, EV, Service, Cox Automotive, Realtor.com, metros Locations: United States, San Francisco, Boston, Salt Lake City . California, San Jose
But in stark contrast to the eight-figure homes is another common Nantucket practice: giving away homes for free. It is much cheaper, however, to move a "free" house onto a property than to construct an entirely new dwelling. Some of the 'free' homes do good for the communitySome of Nantucket's year-round workforce lives in repurposed "free" homes. Maremagnum/Getty ImagesBuyers of the "free" homes fall into three main categories, Cohen told Business Insider. Since 1994, Housing Nantucket has repurposed 39 "free" homes into income-capped rentals on the island.
Persons: , Stephen Schwarzman, Dave Portnoy, Anne Kuszpa, It's, Steven Cohen, Cohen, they're, there's, Kuszpa Organizations: Service, Blackstone, Barstool, Wall Street Journal, Housing, Business Locations: Nantucket, Massachusetts, Cape Cod, Housing Nantucket, Miacomet
Austinites are heading an hour away, to Killeen, according to real-estate consultancy John Burns. Orlando residents are decamping to Lakeland, Florida, trading nightlife for space, John Burns said. The Austin metropolitan area similarly grew 2.7% in 2021 and 2022, adding 63,000 people, according to the city of Austin. In 2021, 1,607 households moved from Orlando to Lakeland, while 250 households left Austin for Killeen, John Burns said in its analysis, published March 5. The primary reason is affordability, Austin real-estate agent Lisa Copeland told Business Insider.
Persons: John Burns, , Orlando, Redfin, Killeen, Austin, Lisa Copeland, Copeland, Jordan Prais, It's, Prais, Lakeland's, it's Organizations: Service, Orlando, Austin, John, John Burns Research, Consulting, Business, Lakeland, Florida Children's Museum, Army Locations: Killeen, Orlando, Lakeland , Florida, Austin, Killeen , Texas, Lakeland, Central Florida, Austinites, Texas, Fort Hood
Seven SpringsTrump's Seven Springs estate is one of the largest privately-owned properties in Westchester County, according to the Trump Organization website. The Washington PostOn March 6, state Attorney General Letitia James registered the civil judgment in the county of Westchester, according to Bloomberg, allowing her to seek the county sheriff's sale of two properties Trump owns there. One of those properties is Seven Springs, built in 1919 for the publisher of the Washington Post. At more than 200 acres, it is the largest privately-owned property in Westchester County, according to the Trump Organization's website. Trump fraudulently claimed the estate was worth $291 million in financial filings from 2012, 2013 and 2014, the judge in the civil fraud case found.
Persons: Letitia James, Trump Organizations: Trump Organization, Washington Post, Bloomberg, Trump, Forbes Locations: Westchester County, Westchester
Realtor.com has unveiled a set of climate risk tools that homeowners and homebuyers alike can use to learn the specific climate risks of a property. The tools, called Heat Factor, Wind Factor, and Air Factor, are available starting Wednesday and can map out a neighborhood's risks of above-normal days on the heat index, chances of experiencing wind gusts over 50 mph, and days of poor air quality. More than 40% of US homes, valued at a combined $20 trillion, are vulnerable to extreme heat, wind, and poor air quality, according to a Realtor.com analysis. Understanding your home's climate riskPrior to releasing the heat, wind, and air quality tools, Realtor.com already provided fire and flood risks for properties based on data from First Street. First Street, a climate-risk firm, is also behind the data on extreme heat, wind, and air quality now added to listings.
Persons: Realtor.com, Oscar Seikaly, Bob Stephens, homebuyers, Danielle Hale, Hale, Z, Redfin, we've Organizations: Service, Factor, Air Factor, Business, San, Sun Locations: Florida , California, Texas, Miami, San Francisco, California, Florida
Airbnb bans security cameras indoors worldwide
  + stars: | 2024-03-11 | by ( Dan Latu | ) www.businessinsider.com   time to read: +3 min
Cameras were previously allowed if they were disclosed in the online listing description. AdvertisementAirbnb is officially banning the use of security cameras inside its listings, the short-term rental giant said Monday. Now Airbnb said it is changing its policy to a blanket ban after consulting with "guests, hosts, and privacy experts." Outdoor security cameras can remain in place, as long as they are disclosed in the listings. Airbnb security cameras divide hosts and guestsHosts and guests have clashed in the past on the use of security cameras in Airbnbs.
Persons: Airbnb, , Zach Narus, Narus, Lisa Lewis, Lewis, Max Vest Organizations: Service, Airbnb, Twitter Locations: Airbnb, Arizona, Foley , Alabama, Florida, Miami
Read previewThe Florida condo market is caught in a storm. By contrast, median condo prices nationally rose 8% over the same period, to around $340,000. A deepening insurance crisis for Florida homeownersThe rising cost of insurance has been a long-simmering problem in Florida. Recently, he walked away from buying a $300,000 condo in North Palm Beach that would have come with a $4,500 annual insurance bill. On his own single-family home in Palm Beach Gardens, Forina added, his annual insurance premium, which was $2,600 in 2017, jumped to $8,200 in 2024.
Persons: , It's, Joe Humphfner, rusk, Florida homeownership, Holly Meyer Lucas, Meyer Lucas, Anthony Forina, Forina, Humphfner Organizations: Service, Business, Sunshine State, Farmers Insurance, Bankers Insurance, Homeowners, Wall Street Journal, Condo, Humphfner Locations: Florida, Jupiter, West Palm, Jacksonville, Miami, Coral, Florida's, South Florida, North Palm, Palm Beach
The Ambani family, which just threw a pre-wedding party for son Anant, has built a tower in Mumbai. The 27-story house, called Antilia, is said to be the most expensive private residence in the world. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMukesh Ambani, India's richest man, and his family live in a fittingly opulent 27-story tower on Mumbai's most exclusive street.
Persons: Anant, , Mukesh Ambani Organizations: Service, Guinness, World Records, Business Locations: Mumbai, Europe
After visiting all 50 states and 51 national parks, they've traveled to over 91 countries. Hidden gems in Denmark, Latvia, and Greece were their favorite destinations in the world. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Faroe Islands, DenmarkFaroe Islands, Denmark. Faroe Islands, Denmark.
Persons: John, Beverly Martin, they've, , John Martin, Beverly, dirk moll John, There's, James Bond, Roberto Moiola Beverly, Marcus Lindstrom John, Maremagnum Beverly, Vasilis, Beverly Martin John, Folegandros Organizations: Service, Zeppelin, Beverly Locations: Florida, Denmark, Latvia, Greece, Faroe Islands, Denmark Faroe Islands, Faroe, Iceland, Scotland, Norway, Riga, Latvia Riga, It's, Europe, Beverly, Folegandros, Greece Folegandros, Santorini, There's
Initially, we were going to live in a golf community in Palm City, Florida, and also do some traveling. Courtesy of John and Beverly MartinJohn: When COVID hit, we realized we couldn't travel internationally. So we sold our house, bought the Airstream for $50,000, and visited all 50 states and 51 national parks in two years. John: After about a year, we started noticing we could stay at hotels for a similar price to the Airbnbs. Beverly: We've had some amazing stays, like a luxury hotel in Delhi.
Persons: , John Martin, Beverly, Beverly Martin John, Bev, Beverly Martin Beverly, John, We've, Airbnb, we're, We're, would've Organizations: Service, Beverly, Central America, The, YouTube, Kruger National Park Locations: United States, Palm City , Florida, Beverly, New Zealand, California, Florida, Greece, Panama, Sri Lanka, North Macedonia, Kosovo, Europe, Central, Asia, Norway, Albania, Bulgaria, Costa Rica, Guatemala, Santorini, Hyatts, Laos, Delhi, South Africa, Victoria Falls, West Africa
New investors poured in, hoping for profits, only to see increased competition from other new hosts and host revenue dip nationwide in 2023. Some of the best places to invest in short-term-rentals today are in smaller cities near outdoor attractions, according to analytics site AirDNA, which ranks the best places for Airbnb hosts to invest each year. AdvertisementAirDNA also highlighted spots that bucked the national trend to show growth in host revenue last year. Take Marquette, Michigan, a town on the shores of Lake Superior, which initially ranked high among the best places to invest. AdvertisementHere are the best 24 cities and towns to invest in an Airbnb in 2024, according to AirDNA, which provided all the data.
Persons: , Peggy Gascon, Ryan Villines, Jamie Lane, Lane, AirDNA Organizations: Service, Business, . Locations: Phoenix , Arizona, Montana, Ellsworth , Maine, Acadia, Port Angeles , Washington, . Columbus , Georgia, Chattahoochee, New York City, Dallas, Marquette , Michigan, Lake Superior
Now the two single moms are raising and homeschooling their six kids under age 16. She is a single mother to three kids who formed a "mommune" with her friend and colleague Jess Rodenburg, also a single mother to three kids. I needed more space and got an incredible deal on a four-bedroom house for $275,000. She's a single mom, too, also with three kids, ages 11, 9, and 7. Courtesy of Samantha SalemThe kids go up and down whenever they want, but we really haven't had problems respecting each other's space.
Persons: Samantha Salem, HOA, Salem's, , Jess Rodenburg, It's, Jess, it's, She's, Salem, they're, she's, coliving, there's, Thomas Organizations: Service, Lee, Lee Summit, Kansas City Locations: Lee Summit , Missouri, Kansas City, Missouri, Kansas, Charlotte
The 2024 Paris Summer Olympics is seven months away but tickets are selling fast. The only tickets left for the opening ceremony cost about $3,000. AdvertisementSticker shock came for Beyonce, and it's here for the 2024 Paris Olympics, too. The Olympics website shows that the only tickets left promise a front-and-center view of the Eiffel Tower for €2,700 or about $2,930. For the 2020 Tokyo Olympics, the highest-priced opening ceremony tickets cost ¥300,000 or about $2,025.
Persons: , Beyonce, Cyrille Frémont, BI's Dan Latu, Frémont, Vrbo Organizations: Service, Olympics, Eiffel, Bloomberg, The New York Times Locations: Paris, Airbnb
I wanted to offset my mortgage and make extra income, so I immediately knew I would do Airbnb. I met some great people, but Airbnb guests can drive you crazyEven though we could pull in around $3,000 in revenue per month, I had many frustrations with Airbnb. I turned to long-term rentals, which I like moreAt the start of 2020, I moved to San Francisco for work. I realized really quickly I didn't like the city and didn't want to live there long-term. I'd tell someone thinking about Airbnb to first make sure they've done their research and the financials make sense.
Persons: Ursula Lauriston —, Meta —, I've, Airbnb, It's, I'm Organizations: Google, Meta, Business Locations: Haiti, Richmond, Anacostia, Washington, DC, Capitol Hill, San Francisco, didn't, Richmond , Virginia
Jackie Nguyen, 35, was living in New York City but landed in Kansas City, Missouri, in 2020. Nguyen said she loves how far her money goes and the more relaxed pace of life in Kansas City. When New York started opening, I had to make a decision: Do I want to go back to NY? AdvertisementI run my own business and have much cheaper rentIt is half as expensive to live in Kansas City. Right now, in Kansas City, I pay $900 for a two-bedroom apartment.
Persons: Jackie Nguyen, Nguyen, who'd, COVID lockdowns, , I'd, I'm, we've, there's Organizations: Service, Heritage Locations: New York City, Kansas City , Missouri, Kansas City, San Diego, LA, New York, Saigon, When, York, Kansas, There's, Astoria, Long Island City, Los Angeles, Van Nuys, It's, Columbus, In New York
Many wealthy buyers say they were driven out by a so-called mansion tax in Los Angeles, among other tax-related issues. Los Angeles topped Redfin's list of US metropolitan areas that homeowners are most looking to leave, based on their user data of home searches. Wealthier Americans — those making more than $200,000 per year — are moving out of high-cost cities like New York and Los Angeles, according to personal finance site SmartAsset. San Diego real-estate agent Jennifer Janzen says she's recently had Los Angeles clients head south to trade up in style. Another client of Janzen's was a young family who grew tired of the city life in Los Angeles.
Persons: , Gus Lira, Lira, Lira's, Summerlin, she's, Jennifer Janzen, Janzen, Sotheby's, grâce, Jade Mills, Rob Desantis, Mary Fitzgerald Organizations: Service, Getty, Hollywood, Las, Golden, LA, Bloomberg, Los, Netflix Locations: Los Angeles, Malibu, California, Orange County, Las Vegas, Nevada, Vegas, Red, Vegas from California, Seattle, Florida , Texas, Tennessee, New York, Diego, Angeles, Rancho Santa Fe, San Diego, LA, Santa Fe, Manhattan
Montana, known for its stunning natural beauty, is one of the US' fastest-growing states. People who move to Montana in search of tranquility may also find that life can be less expensive. Data analytics site Niche ranked the most affordable places to live in the Big Sky state. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Montana realtor Airika Lakkala, who's based in the southwestern mining hub of Butte, said a "sense of tranquility" draws newcomers to the Big Sky state.
Persons: , clamoring, Airika Lakkala Organizations: US, Big Sky, Service Locations: Montana, Norway, Japan, Butte
Paulin talked about his experience living in his childhood home for three years to save for a down payment on his own house. My girlfriend and I started saving for a home in 2019 – that's when I decided to continue living at home. In Indian Head, you run for three town council seats and the candidate with the most votes becomes mayor, which was me. Like I would leave school work or documents from town meetings in the living room or on the coffee table. You just have to be prepared to make some sacrifices or not have as much freedom depending on your house rules.
Persons: , Brandon Paulin, Paulin, isn't, He's, Fortnite, Fornite, Taryn, I've, Brandon Paulin We Organizations: Service, Business, Southern New Hampshire University, PlayStation, FedEx Field, Major League Baseball Locations: Indian Head , Maryland, Washington, DC, Southern
Some Airbnb guests have protested loudly that cleaning fees are too high and the chores some hosts request upon checkout are too onerous. For $49 a month, it's one less stressor for short-term rental property owners or managers in an increasingly competitive business. Courtesy of Can MonkeyCan Monkey has found customers by starting Facebook groups for Airbnb hosts and owners. Shapiro said he used to get kicked out of other Facebook groups for Airbnb hosts because he posted about Can Monkey, so he started his own. Can Monkey runners have seen guests throw out brand-new suitcases, expensive pool floats, and barely-used elaborate party decorations, he said.
Persons: , Marc Zagoury, Monkey, Alex Shapiro, Shapiro, Uber, hasn't, It's Organizations: Service, Business, Facebook Locations: Scottsdale , Arizona, Phoenix, Scottsdale, Miami, San Diego, Austin, Denver, Orlando, Nashville, Airbnbs
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