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Airbnb is great because it allows people to circumvent stupid, expensive, and counterproductive government regulation on hotelling. Airbnbing is vastly superior
by wyager 10y ago
Airbnb is great because it allows people to circumvent stupid, expensive, and counterproductive government regulation on hotelling. Airbnbing is vastly superior to traditional hotelling per dollar spent.
This is what people are talking about when they refer to "common sense" regulation or regulation to "protect consumers"; they mean taking economic and social autonomy away from people. Even if a given bill doesn't cost much when amortized over tens of millions of people, they cost a lot to society as a whole, and they start to add up. I don't care what your political theory about regulation is; it is extremely apparent from comparing Airbnbs to hotels that, at least in this area, regulations have made society worse, not better. I hope Airbnb beats this.