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How though? What is the proposal to not hit NIMBYism? I am generally very liberal with what I think homeowners should be allowed to do. But an apartment or con
by brianwawok 8y ago
How though? What is the proposal to not hit NIMBYism?
I am generally very liberal with what I think homeowners should be allowed to do. But an apartment or condo next to, or above mine with a rotating crew of guests? I shouldn't need to put up with that unless I agree to it in writing before starting my lease.
There IS existing space marked out for hotels. If it were a profitable business, why has no one starting build hotel 'houses' to rent for visitors?
The reason is IMO price, it would be very expensive to rent out a hotel "house". The reason the AirBnB is cheap is that you are making others eat your negative externalities (i.e. the guys under you get to deal with 2am stomping).
- dillondoyle 8y agoPlus I'm sure there are a lot of regulations for hotels in a city like NYC that probably cost a lot of money.
- beerlord 8y agoNo, the reason is that to-date there had not been a global platform available. AirBNB benefits from a massive global economy of scale. I can use the same platform in America, Germany, Australia, Bulgaria. First one to scale wins.
- mvid 8y agoThere are plenty of global apps for hotels. In theory they could also have been used for houses. So that clearly was not the differentiator
- kuhhk 8y agoWasn’t VRBO available (globally) long before AirBnB? I thought AirBnB just stole the idea and had the VC capital to scale it
- brianwawok 8y agoCorrect, VRBO has been around a while. They do not aggressively go after getting units in towns that do not allow short term rentals, like AirBnB does.