Omg, best news story of the day. This brought me a shit ton of joy.
this post was submitted on 31 Jan 2024
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You can ban the company, but you can't ban the concept (which has been around forever)
Why would you be unable to ban the concept?
You can. Look at what Singapore is doing.
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(1 replies)
Same thing happened in Vancouver with people’s utility closets when it became illegal to rent out utility closets short term (already was illegal long term)
It didn’t help home prices but the million dollar closets became worthless
Do people really think that AirBnB invented short term rentals?
They made it convenient and common. Short term rental without a platform specifically made to do it is a pain in the ass.
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While I have little doubt that AirBnB contributes to the housing crisis, it is not the sole or biggest cause.
Based on?
Just look at the amount of money private equity puts into buying homes. Most of these homes will go for rentals or airbnbs. So they are related, but airbnb itself is the symptom, not the root of the problem.
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