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> In fact, AirBnB creates wealth Building something creates wealth. Changing the channel through which payment occurs doesn't create wealth. The host's revenu
by notacoward 8y ago
> In fact, AirBnB creates wealth
Building something creates wealth. Changing the channel through which payment occurs doesn't create wealth. The host's revenue comes from displacing hotels; the guest's savings come from increased rent for other tenants. If you consider the negative externalities imposed on neighbors, there'd be a stronger argument that AirBnB destroys wealth.