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Time to solve the housing crisis... (lemmy.world)

submitted 10 months ago by return2ozma to c/politicalmemes

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[–] [email protected] 9 points 10 months ago (2 children)

Was there no housing crisis before AirBnB?

[–] harry_balzac 31 points 10 months ago

There was but AirBNB et al made it worse. The other piece of it is private equity firms buying up homes and using them for long term rentals.

[–] A_Random_Idiot 29 points 10 months ago* (last edited 10 months ago)

"entrepreneurs" were going out and buying houses en masse to put on airbnb, turning long term homes into short term rentals with exorbitant prices.

There was one before, but AirBNB and shit like it made it magnitudes worse.