3 ms·
The distinction is short term vs long term, that has nothing to do with xenophobia. AirBnB reduces the price of short term stays (six months is short term - lon
by mytherin 7y ago
The distinction is short term vs long term, that has nothing to do with xenophobia. AirBnB reduces the price of short term stays (six months is short term - long term rental contracts typically start at 1 year), but has a significant negative effect on people that stay in the city long term. AirBnB converts homes intended for long term residents and repurposes them as housing for short term stays. This significantly reduces the supply of houses in a market that already has a low supply, causing an immense spike of housing cost for those staying in the city long term. The fact that something else exists that also contributes to this problem does not take away the immense negative effects that AirBnB has, that's just whataboutism.
- jankotek 7y agoCity hall is 100% responsible for housing shortage. High rise build would fix low supply problem pretty quickly (see Tokio). How many apartments are on Airbnb? 10%? And probably only in centre. And some people like me actually stay in airbnbs long term. It is easy to negotiate reasonable price outside of tourist season. Normal landlord is way too expensive and does not bother with basic maintenance. It is xenophobia, because many cities are blaming their problems on 'tourists'. But those are often foreign workers and students.