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Airbnbs in Galveston are getting dumped left and right
Posted on 3/20/25 at 9:22 am
Posted on 3/20/25 at 9:22 am
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If tweet fails to load, click here. This post was edited on 3/20/25 at 9:23 am
28
Posted on 3/20/25 at 9:25 am to Street Hawk
Imagine thinking buying an Airbnb in Galveston was ever a good idea
Posted on 3/20/25 at 9:26 am to Street Hawk
Insurance is probably killing them. I pay $7500 a year in Spring Texas. Property tax is also brutal in Texas.
Posted on 3/20/25 at 9:26 am to Street Hawk
Did Galveston pass a local law that doesn't allow AirBNB's? Whats the back story....
Posted on 3/20/25 at 9:28 am to Street Hawk
I hope it continues, we are in the market for a beach house (not in Galveston)
Posted on 3/20/25 at 9:28 am to mthorn2
These aggies are screwed
This post was edited on 3/20/25 at 9:29 am
Posted on 3/20/25 at 9:28 am to Street Hawk
AirBnB's algorithm has changed somehow. If you don't actively manage it with VRBO and AirBnB (and others) you are prob gonna have tough times.
Posted on 3/20/25 at 9:28 am to SuperSaint
we stayed in one for my bday weekend several years ago. They have some really cool 19th/early 20th century homes that survived the hurricane that are popular and reasonable. However as Chuck Barkley says, that water/beach is just gross 
Posted on 3/20/25 at 9:29 am to Street Hawk
The market shifted down to Cinnamon Shore.
Posted on 3/20/25 at 9:30 am to Street Hawk
That's not dumped if someone is paying them that much.
Posted on 3/20/25 at 9:30 am to mthorn2
quote:
Did Galveston pass a local law that doesn't allow AirBNB's? Whats the back story....
probably a mix of Galveston's beach sucks, post covid buying got outrageous, Insurance isn't worth keeping and property taxes season
This post was edited on 3/20/25 at 9:37 am
Posted on 3/20/25 at 9:31 am to Dire Wolf
quote:
These aggies are screwed
They at least restored some of the older homes in Galveston and tried staying true as possible to the original designs but yeah AirBnB is a concept that was cool at first.
Posted on 3/20/25 at 9:32 am to Street Hawk
prices on the Gulf of America should be going up. maybe its a Texas thing.
Posted on 3/20/25 at 9:37 am to SuperSaint
brown water.
gross sand.
average seafood.
minimal at best nightlife.
who’d of ever expected this.
gross sand.
average seafood.
minimal at best nightlife.
who’d of ever expected this.
Posted on 3/20/25 at 9:41 am to Klark Kent
Barkley winning the war against Galveston
Posted on 3/20/25 at 9:41 am to Street Hawk
This has been happening to a lot of AirBNB markets but the top destinations are still commanding top pricing.
Have yall seen how expensive the listings are in 30A Seaside Florida? Many millions very far from the beach. Anything ON or very near the back is 10 mill plus
Have yall seen how expensive the listings are in 30A Seaside Florida? Many millions very far from the beach. Anything ON or very near the back is 10 mill plus
Posted on 3/20/25 at 9:47 am to Street Hawk
Maybe this is a part of it?
LINK
Allowing smaller homes on smaller lots thus destroying the wealthy NIMBY.
LINK
Allowing smaller homes on smaller lots thus destroying the wealthy NIMBY.
quote:
The Texas Senate on Wednesday advanced the chamber’s signature bill aimed at reining in the state’s high housing costs: allowing smaller homes on smaller lots.
Senate Bill 15 — a top priority for Lt. Gov. Dan Patrick, who leads the Senate — would reduce the amount of land cities require single-family homes in new subdivisions to sit on. The idea is to reduce the final cost of new homes by allowing homebuilders to construct smaller homes on smaller lots. The bill cleared the Senate by a 28-3 vote.
This post was edited on 3/20/25 at 9:49 am
Posted on 3/20/25 at 9:49 am to usc6158
quote:
Barkley winning the war against Galveston
First thing I thought of
The pelicans should be buying plenty real estate down there.
Posted on 3/20/25 at 9:53 am to SuperSaint
quote:
Imagine thinking buying an Airbnb in Galveston was ever a good idea
I’m not a big fan of Galveston, but it gets packed during the summer.
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