Obviously this must be an impact of increased mobility and globalization forcing previously isolated economies to compete in larger market, with Airbnb merely r

Obviously this must be an impact of increased mobility and globalization forcing previously isolated economies to compete in larger market, with Airbnb merely riding the wave. Dwellers of comparatively more well-off cities probably aren’t complaining about tourists driving them out, in other words. In Seoul, for example, monthly rate for a studio on Airbnb right now seems close to what a local would pay for a similar option found via old-school real estate agency[0]. [0] If they could get away without depositing some $xxxxx upfront. Based on experience of a friend who in 2014–2015 rented a studio found via an agency.