She said most are private households that host tourists an average of five nights a month for average annual rental income of $5,500 a year.Celia Webb, who became an Airbnb host in December, said demand has been “nonstop” since she listed the fourplex she bought last summer near North Stone Avenue and West Glenn Street.

That seems strange that they could somehow include that when, as mentioned by others, we have the threat of fires from so many other household products as well.

A quick glance at housing affordability in AustinMedian Household Income App (Forbes): $73,493 ($6,124/mos)Cost of Living (Forbes): 15% above nat'l avgMedian Home Cost (SFR-ABOR Stats): $302,250Assume 5% Down Payment Conventional Loan- 30 year amortization- $15,112.50 down pmt + any closing costs• Percentage of residents with less than $1,000 saved: 56%• https://www.gobankingrates.com/…/…/americans-savings-state/…- $287,137.50 amt financed- 4.375% interest rateHow the payment looks:PI= $1,433 mosIns= $105 mosTaxes= $458.33 mos (Assume $5,500/yr)HOA= $25 mos$2,021.3/mos PITIDTI’sHousing ratio= app 33% @ median income ($2021/$6124)FHA should be at 31% or less with Conv/VA/FHA being around the same although all have exceptions in placeTotal DTIThese hover between high 30%’s to manually underwritten total DTI’s in the 50’s or higher depending on the programs@ 45% Total DTI Ratio and assuming the above PITI pmt that gives a borrower approximately $734 per month in all other creditor debt (cars/cc/personal loans/etc)These numbers are not perfect but are rather a quick illustration of current housing affordability in Austin for Retail Buyers.Summary: Housing is becoming less and less affordable in the COA for end retail buyersAssuming increases in property taxes/insurance/interest rates on the horizon how does this affect us as investors?

Well said @Max Householder,St.

I can't find basic household stuff.

@Mary Mitchell It does seem odd, and that's exactly how I responded about how he would be losing a chance on free rent, but he simply doesn't want to live in a multiplex household.

Again the service provider delivers the bins.Although garbage service (which includes recycle service) is mandatory for all households in our municipality, yard debris service is optional. 

I was always nervous before about maintenance calls/expenses/my lack of knowledge of general household stuff (I'd never touched a breaker box before!)

They have been a great tenants for 3.5 years so we have only raised their rent $50 in that time (so they may be over 3x today).The median household income for a family of 4 in San Diego is $63.4K. 

@Priyanka K.When investigating new markets I look for things like population growth (upward over the last 10 years)Job growth 1% or greaterUnemployment =< national averageper cap income 20KHousehold income 3 times annual rentnumber of households (in comparison to other markets) Favorable government policies (is the local government looking to attract business) those numbers will give me a sense of the macro market.