Episode Details

In this episode of pplpod, we check out of the hotel and check into the booming world of vacation rentals. We explore how these furnished dwellings—known variously as holiday lets, gites, or short-term rentals—have evolved into a massive global industry estimated at $100 billion.

Join us as we discuss:

• The Accommodation Spectrum: From budget campervans and farm stays to lavish private villas staffed with chefs, we look at the incredible variety of options available to travelers.

• The Business Model: We break down the difference between timeshares and rentals, and how the market has shifted from direct-by-owner transactions to dominance by online giants like Vrbo and Airbnb.

• Traveler Risks: We explain the dread of "SNAD" (Significantly Not As Described) and the risks of rental scams where the property—or the owner—doesn't actually exist.

• Community Impact & Regulation: We dive into the controversy surrounding short-term rentals, from their negative effect on long-term housing availability to the ways cities like San Diego and New York are enforcing strict caps and taxes to protect local neighborhoods.