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Exactly. And it's definitely contributing to the housing crises in some cities. People would rather buy apartments/houses and put them on AirBnB, instead of ren
by dorchadas 8y ago
Exactly. And it's definitely contributing to the housing crises in some cities. People would rather buy apartments/houses and put them on AirBnB, instead of renting them out to the people who work and need to live in the city. I know it's definitely part of the issue in Ireland, and I wouldn't be surprised if it was the case elsewhere as well.
- JamesBarney 8y agoIs there any data on this? I just can't imagine the market is that large, except in the smallest of town with the largest of tourist attractions. I mean most large cities have hundreds of thousands to millions of people. I just can't imagine Airbnb would even be 1% of available properties.