It's not Airbnb's fault though. If the law wants to ban short term house rentals it can. If not, it's fair game for everyone.
Banning would have to include VRBO because they do the exact same thing.
Re:Airbnb Collapse Is Real
by disgruntledphd2 on Wednesday June 28, 2023 @08:33AM
(#36505456)
Yeah agreed. Logic tends not to get much of a look in in policy decisions though.
The social consequences of cars was "white flight" and decimation of inner cities. Super bad. But hardly a reason to avoid cars. The real cause was lack of public transportation to suburbs which is a failure of policy.
Same with airbnb, blame lawmakers for failure in policy and try to change that. Avoiding the technology/system won't change the supply/demand economics.
Re:Airbnb Collapse Is Real
by disgruntledphd2 on Wednesday June 28, 2023 @02:30PM
(#36510556)
Yeah but I live in a world where they're not building enough houses so me in an Airbnb at the margin, increases rent for people poorer than me.
AirBnB made the market much, much larger and that coupled with QE driving house prices up made people look at the service more cynically.
Like, I generally stay in hotels now even though I would prefer AirBnB because the social consequences of AirBnB are super bad.