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  #1461  
Old Posted Mar 12, 2019, 6:26 PM
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KevinFromTexas KevinFromTexas is offline
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I was out walking around in the Rainey Street area Sunday night with two other forumers, and a scooter came flying by weaving between groups of people. They're actually banned from that area during SXSW.

It's not hard to imagine people getting annoyed by them who then decide to let their creative evil genius come out.



https://www.statesman.com/news/20190...-scooter-users
Quote:
A picture shared to Twitter shows a sticker that reads "clap activated" placed on a Bird scooter. Electric stand-up scooters were notably banned from pedestrian zones along Sixth Street, Red River Street and Rainey Street during Austin's South by Southwest festival.

https://twitter.com/wednesday181/sta...595776/photo/1
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  #1462  
Old Posted Mar 12, 2019, 7:52 PM
smith_atx smith_atx is offline
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Quote:
Originally Posted by KevinFromTexas View Post
I was out walking around in the Rainey Street area Sunday night with two other forumers, and a scooter came flying by weaving between groups of people. They're actually banned from that area during SXSW.

It's not hard to imagine people getting annoyed by them who then decide to let their creative evil genius come out.



https://www.statesman.com/news/20190...-scooter-users

https://twitter.com/wednesday181/sta...595776/photo/1
That's hilarious!

On my walk on Butler trail this morning I came across three different abandoned ones and this wasn't even that close to downtown. I need some "Not allowed on trail" stickers.
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  #1463  
Old Posted Mar 12, 2019, 8:42 PM
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The ATX The ATX is offline
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Then there was that guy in a video on the news a couple nights ago using a scooter on Mopac during rush hour.
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  #1464  
Old Posted Mar 13, 2019, 3:03 AM
drummer drummer is offline
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Quote:
Originally Posted by The ATX View Post
Then there was that guy in a video on the news a couple nights ago using a scooter on Mopac during rush hour.
I saw that on Facebook - someone posted a link. That's hilarious and also slightly stupid and dangerous. But only slightly.
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  #1465  
Old Posted Mar 13, 2019, 6:28 PM
wwmiv wwmiv is offline
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Here's an interesting idea for affordable housing:

https://vancouver.ca/home-property-d...homes-tax.aspx

Quote:
Each year, one owner of residential property in Vancouver is required to submit a property status declaration to determine if their property is subject to the tax.

Properties deemed empty will be subject to a tax of 1% of the property’s 2018 assessed taxable value.

Most homes will not be subject to the tax, as it does not apply to principal residences or homes rented for at least six months of the year; however, all homeowners are required to submit a declaration.

Net revenues from the Empty Homes Tax will be reinvested into affordable housing initiatives.
http://forum.skyscraperpage.com/show...7&postcount=16

Quote:
Originally Posted by SpongeG View Post
Vancouver right now has over 800 mansions listed for rent, its a way for the owners to get around the empty house tax.

Why are hundreds of luxury Vancouver mansions being rented for cheap?

https://www.ctvnews.ca/canada/why-ar...heap-1.4329800
Another relevant quote from the link in the above post:

Quote:
Last year, B.C. introduced new taxes targeting real estate speculators who purchased property, only to leave it sitting empty.

Under the new rules, if a property has a foreign owner and is left vacant, Vancouver can tax the owner for 1 per cent of the property’s assessed value, while B.C. can claim another 2 per cent.

That means on a multi-million-dollar property, the taxes can easily surpass $100,000. But if an owner opts to rent -- even for a pittance – they’ll save money.

While many owners seem to be asking a monthly rent almost exactly the monthly tax cost, some seem to be open to taking much less.
A link to the webpage British Columbia has devoted to explaining the tax:

https://www2.gov.bc.ca/gov/content/t...nd-vacancy-tax
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San Antonio/Austin Economic Region 2017: 5,549,867 (+16.71% over 2010):
San Antonio: 1,511,946 (+13.29%) + Metro Suburbs: 962,068 (+18.03%)
Austin: 950,715 (+20.30%) + Metro Suburbs: 1,165,112 (+25.76%)
Killeen/Temple Metro: 443,773 (+9.49%) + Waco Metro: 268,696 (+6.30%)
Rural Hill Country: 247,597 (+4.13%)
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  #1466  
Old Posted Mar 13, 2019, 7:13 PM
urbancore urbancore is online now
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Quote:
Originally Posted by wwmiv View Post
Here's an interesting idea for affordable housing:

https://vancouver.ca/home-property-d...homes-tax.aspx



http://forum.skyscraperpage.com/show...7&postcount=16



Another relevant quote from the link in the above post:



A link to the webpage British Columbia has devoted to explaining the tax:

https://www2.gov.bc.ca/gov/content/t...nd-vacancy-tax

Hilarious. Too bad it won’t work in ATX.
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  #1467  
Old Posted Mar 13, 2019, 7:21 PM
wwmiv wwmiv is offline
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Quote:
Originally Posted by urbancore View Post
Hilarious. Too bad it won’t work in ATX.
Care to explain why rather than just shutting the idea down out of hand?
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San Antonio/Austin Economic Region 2017: 5,549,867 (+16.71% over 2010):
San Antonio: 1,511,946 (+13.29%) + Metro Suburbs: 962,068 (+18.03%)
Austin: 950,715 (+20.30%) + Metro Suburbs: 1,165,112 (+25.76%)
Killeen/Temple Metro: 443,773 (+9.49%) + Waco Metro: 268,696 (+6.30%)
Rural Hill Country: 247,597 (+4.13%)
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  #1468  
Old Posted Mar 14, 2019, 1:14 AM
Riverranchdrone Riverranchdrone is offline
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I guess we just have here to communicate now. Most of the internet's biggest sites are all down. Facebook, instagram, whats app, yahoo mail. and a few others. I guess its better that they are down. I thought I got banned from facebook again.
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  #1469  
Old Posted Mar 14, 2019, 7:59 PM
WesternSon WesternSon is offline
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Quote:
Originally Posted by wwmiv View Post
Care to explain why rather than just shutting the idea down out of hand?
The ATX real estate market isnt being driven by foreign speculators that don't live here. Have you seen the traffic- people are living in the homes here. I am sure there is some speculation and some second homes that sit empty a lot, but the towers aren't empty.

I would also guess that the radically anti-tax State Legislature would shut this down so quickly if the City went after it.
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  #1470  
Old Posted Mar 14, 2019, 9:38 PM
wwmiv wwmiv is offline
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Quote:
Originally Posted by WesternSon View Post
The ATX real estate market isnt being driven by foreign speculators that don't live here. Have you seen the traffic- people are living in the homes here. I am sure there is some speculation and some second homes that sit empty a lot, but the towers aren't empty.

I would also guess that the radically anti-tax State Legislature would shut this down so quickly if the City went after it.
Thank you! What you’re saying definitely makes sense.
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San Antonio/Austin Economic Region 2017: 5,549,867 (+16.71% over 2010):
San Antonio: 1,511,946 (+13.29%) + Metro Suburbs: 962,068 (+18.03%)
Austin: 950,715 (+20.30%) + Metro Suburbs: 1,165,112 (+25.76%)
Killeen/Temple Metro: 443,773 (+9.49%) + Waco Metro: 268,696 (+6.30%)
Rural Hill Country: 247,597 (+4.13%)
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  #1471  
Old Posted Mar 14, 2019, 10:33 PM
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A guy on surlyhorns mentioned a friend owning 2 condos downtown in different towers. He was told they're pretty empty, and the rooms are rented out via Airbnb. He said his 2 had about an 80% occupancy rate.
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  #1472  
Old Posted Mar 16, 2019, 8:33 PM
claustrum claustrum is offline
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Quote:
Originally Posted by lzppjb View Post
A guy on surlyhorns mentioned a friend owning 2 condos downtown in different towers. He was told they're pretty empty, and the rooms are rented out via Airbnb. He said his 2 had about an 80% occupancy rate.
Nearly all of the condo buildings downtown (and I believe all of the larger ones) ban short-term rentals entirely and severely limit the number of units occupied by long-term tenants (typically to around 25% of all units). This is driven by insurance premiums—it's much cheaper to insure a building when most of the owners are residents. Obviously, some people still rent out their condos despite these restrictions, but in absolute terms the numbers are pretty small. If you check airbnb, you'll find that there are very few high-rise rentals available downtown compared to other large cities that have much older/smaller housing stock, and their locations are generally described in vague terms to avoid HOA detection and fines. I don't doubt that a non-zero fraction of downtown housing stock consists of rich people's second or third homes, and sits vacant much of the year, but I don't think downtown Austin has a meaningful investment property/short-term rental problem compared to most other large cities. Probably the opposite, actually, given the high property tax (i.e., it's proportionately much more expensive to maintain an empty home in Texas than in most other states).
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