4 ms·
If AirBnBs overtook 90% of the apartments in your neighborhood this example might be relevant. > The company begins boxing up that resource and shipping it off
by ng12 8y ago
If AirBnBs overtook 90% of the apartments in your neighborhood this example might be relevant.
> The company begins boxing up that resource and shipping it off to people who will pay more money for that resource.
Unless you live in Christiana this is probably already the case. AirBnBs tend to be in expensive neighborhoods.
- evanlivingston 8y agoIf it were not the case that the resource was being shipped off and sold for more that would mean I could stay in an AirBnB for the same price as a pay for rent, which I can't.
- ng12 8y agoThat's pretty absurd -- you're paying a discount for being a long-term tenant with a legally binding contract (and no cleaning/daily upkeep). Would you expect buying a home versus AirBnBing one to cost the same over 10+ years?
- evanlivingston 8y agoThe end product that consumes the resource may be different but the availability of the resource my community needs to sustain life is compromised when it's arbitraged.
- ng12 8y agoWhat if landlords charging market-rent rate compromises your community? What you're saying only makes sense if you don't live in a capitalist society.
- evanlivingston 8y agoExactly.
- ng12 8y agoWell.. sure. I agree that AirBnB would be bad in a communist enclave.