3 ms·
> Airbnb is a parasitic monster that squats over cities and hoovers up vast sums of money through its slimy proboscis. I wonder whether the author would still
by fanzhang 8y ago
> Airbnb is a parasitic monster that squats over cities and hoovers up vast sums of money through its slimy proboscis.
I wonder whether the author would still have a problem if AirBnB were a nonprofit (e.g. took 0% of the cut). That would reveal whether his real argument is against AirBnB's profits, or that having an open short-term market is harmful ipso facto (but when who play the colorful part of the monster? probably the landlord-traveller duo?).
- eesmith 8y agoBTW, "nonprofit" doesn't mean "no profit"/"0% of the cut". There are many ways to make money as a non-profit organization, including some which can be interpreted as 'parasitic.' Consider a non-profit charter school which licenses teaching material from a for-profit company and pays a for-profit company for the building lease - and where the owner of the non-profit is also the owner of the other two companies. Examples at https://www.forbes.com/sites/petergreene/2018/08/13/how-to-profit-from-your-non-profit-charter-school/ https://www.forbes.com/sites/petergreene/2018/08/13/how-to-p... . Non-profits can also take a part of the cut, as we find out with charity organizations where, say, 85% of the donations goes to running the organization. Examples at https://www.thestreet.com/story/12878005/1/you-wont-believe-the-overhead-costs-at-these-10-nonprofits.html https://www.thestreet.com/story/12878005/1/you-wont-believe-... .