Re:Coinbase from YC to DPO
by paulpauper on Wednesday April 14, 2021 @04:13PM
(#26812434)
people need shelter, they do not need crypto . There is huge demand for housing in metro areas even in spite of Covid, and regulation and other restrictions make it hard to increase supply, and landlords generally want to lock-in long-term rents with good credit scores due to difficulty of evicting, meaning more demand for short-term rentals. .
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Airbnb doesn't provide "shelter", it's for travellers.
Re:Coinbase from YC to DPO
by programmarchy on Wednesday April 14, 2021 @06:11PM
(#26813747)
Agree, AirBnB is essentially serving a luxury travel market.
Re:Coinbase from YC to DPO
by alanbernstein on Thursday April 15, 2021 @09:17AM
(#26820088)
I don't think that's really true as a blanket statement. I stayed in what turned out to be a depressing, small, rental apartment in Denver for a weekend via airbnb, because it was something like $20/night. The place smelled like trash and there was no laundry on-site.
You might say that any type of travel is a luxury. Ok, I guess. This trip was for a funeral. The flight was under $100. While I'm fortunate to be able to afford such a thing, no part of the trip was "luxury travel".
Airbnb serves a wide variety of customers, via a large range of temporary housing options.
Things precede shelter in the hierarchy of needs yet shelter is still valuable. Also there are shades of shelter. Most people might not want to live in the trailer park of money.