Comment on Regulatory HacksparentComments−guylhem13yI'd say that both are generating value.The people who buy building and rent out all the rooms or Airbnb provide a liquidity the market needs - they are doing something "of value"If they do that for profit, odds are they are making money and the next best use of these buildings would bring less money.−tptacek13yMob hotels generate value in the hotel market the way an illegal tire fire generates value in the waste management market.
Comments
I'd say that both are generating value.
The people who buy building and rent out all the rooms or Airbnb provide a liquidity the market needs - they are doing something "of value"
If they do that for profit, odds are they are making money and the next best use of these buildings would bring less money.
Mob hotels generate value in the hotel market the way an illegal tire fire generates value in the waste management market.