Could we all just pause to appreciate the, apparently unintended, irony in this narrative ?
It starts with an inspiring story about how a steep rental increase drove JG and friends to start AirBnB. Fast forward 15 years and now AirBnB is a significant factor in ensuring that "normal" people who just want to "live" in places can't afford to rent places to live.
AirBnB has been a significant win for its owners and, for many, landlords but, anywhere which might be considered a tourist destination, it's driven rental prices to artificial highs bypassing local taxes and regulations on hotels in the process.
Comments
Could we all just pause to appreciate the, apparently unintended, irony in this narrative ?
It starts with an inspiring story about how a steep rental increase drove JG and friends to start AirBnB. Fast forward 15 years and now AirBnB is a significant factor in ensuring that "normal" people who just want to "live" in places can't afford to rent places to live.
AirBnB has been a significant win for its owners and, for many, landlords but, anywhere which might be considered a tourist destination, it's driven rental prices to artificial highs bypassing local taxes and regulations on hotels in the process.