This is a good thing. But I'm not celebrating over Airbnb's corpse or whatever. The first order effects of Airbnb are great. It's a good thing to increase the

This is a good thing. But I'm not celebrating over Airbnb's corpse or whatever. The first order effects of Airbnb are great. It's a good thing to increase the number of travel accommodations so more people can explore the world. I like Airbnb's mission better than that of a lot of Silicon Valley startups. It's unfortunate that, at scale, Airbnb becomes part of a larger problem: there is not enough housing in many major cities. This is an unforced error we are making as a civilization, because we have the technology to easily provide enough housing in an affordable way (elevators, concrete). Due to the limited supply of housing, the price will be bid up by the most economically efficient use - shoving a stream of daily renters through your condo building's lobby at the highest rate possible. A better outcome would be new facilities dedicated for this use case. When the pie is not big enough, we are inevitably going to have a lot of tough fights over how to break it up. In this case, the poor locals who can't afford a place to rent and richer locals who are annoyed by the foreigners in their condo building lobby are going to win out over the people who want to explore the world.