this post was submitted on 21 Jun 2024
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Good, let the people who live there live there.
Obviously it's the landlord who do it for profit. It's not like the tourist just came to the city and shove the residents out of their own home or something like that.
All this would do is shift the profits to hotel chains. The rent will never go down and the landlord will never sell.
Air BnB makes short term rentals profitable, a lot of people own property on debt and pay it with airbnb profits, if that dries up, they will sell. They'll have to. Hotels are one of the most significant sources of tax revenue in tourist locations, airbnb offer lower prices because they circumvent the tax system and don't pay a tax rate similar to hotels, the government wants the tourist at hotels. Period.
People need to understand that when a tech company is "disrupting" it means they're exploiting legal loopholes.
Reminds me of Stavros's bit on tech companies.
lol! That’s great.
Imagine if Uber had done it ethically. All the app, none of the shady. Would’ve been a WAY slower start but I want to believe the excellent technology would’ve been enough for them to win. No “broken” card readers, no scamming women in countries with foreign currency (former colleague’s anecdote), no having to lie to get the driver to let you in before telling them later your real destination, reduced racial discrimination…
Also since Google thinks this is OK:
reduced it to the usual (/ working Piped mirror)
Omg this is hilarious
I think people are starting to catch on to that. Maybe I'm overly optimistic though.
My gut says you're overly optimistic lol