What Airbnb Did to New York City

Re:What Airbnb Did to New York City by Quinner on Thursday March 08, 2018 @10:42AM (#16544987)

Because you benefited at the cost of others. For everyone that has your success story, rent control causes a number of others to have even less access to affordable housing.

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Re:What Airbnb Did to New York City by iek2929nsn on Thursday March 08, 2018 @11:21AM (#16545299)

And that’s JUST because of rent control

Not wage stagnation or cost of living increases, or AirBNB (oh wait)

Just rent control

So let’s screw the people relying on it because in some narrow context about screwing others (that never happens otherwise in the economy!) rent control is bad

There are hacks and patches all over “the system”. That’s called free market making agreements as needed when needed, IMO

Just because when quantified some story is told that seems off to external players doesn’t mean it’s anyone’s concern but the parties directly involced

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Re:What Airbnb Did to New York City by cma on Thursday March 08, 2018 @12:22PM (#16545889)

> benefited at the cost of others

The cost disproportionately affects the wealthy. Due to the marginal utility of money (your first $10,000 a year has a lot more utility than your 100th), that means even a zero-sum benefit was likely a huge net positive measured in utility.

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Re:What Airbnb Did to New York City by busterarm on Thursday March 08, 2018 @11:44AM (#16545519)

Mmhmm. Tax money goes to helping the poor and homeless too. That's more money that you could spend on housing.

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