3 ms·
I feel like you have to be delusional to believe AirBnB is the cause for outrageous rents in SF. The housing market everywhere in the bay area is absolutely in
by nemothekid 7y ago
I feel like you have to be delusional to believe AirBnB is the cause for outrageous rents in SF.
The housing market everywhere in the bay area is absolutely insane - do you really believe that AirBNB has an outsized impact on cities like San Mateo?
AirBNB continues to be the housing boogeyman while many people turn a blind eye to the absolutely sluggish rate of construction in the city.
- DevKoala 7y agoIt is hard to measure the impact of either, but denying that it had have a negative effect is delusional. Only in my circle, I count two individuals who own property exclusively for the sake of renting it out on AirBnB. I have nothing against landlords, but facilitating this activity at scale is hurting society since property is being grabbed for the sole purpose of renting it out; those who have capital continue amassing property and raising prizes since property to rent out is the best investment vehicle.
- aaronharnly 7y agoOT: you have a nice misnegation there — “denying that it didn’t have...” I think you meant “denying that it had...” https://languagelog.ldc.upenn.edu/nll/?cat=273 https://languagelog.ldc.upenn.edu/nll/?cat=273
- DevKoala 7y agothank you sir.