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objectively providing a better product than traditional hotels A cheaper, unregulated, tax-free product. I get that there is a demand for this but there are de
by goatinaboat 7y ago
objectively providing a better product than traditional hotels
A cheaper, unregulated, tax-free product. I get that there is a demand for this but there are demands for lots of things that are harmful to society as a whole.
- hi_im_miles 7y ago> harmful to society as a whole By what measure? You imply that their product being cheaper or unregulated is harmful to society, but you haven't offered any reason as to why. It's also not a tax-free product.
- SaxonRobber 7y agoBecause it lowers the housing stock in urban areas. Wealthy travellers will pay more for accommodations than the local market, so apartments become airbnbs and investors gobble up condos and housing which they turn into short term rentals. The scarcity pushes up the housing prices, but it never balances out because the locals can never make enough to compete with wealthy travellers and are forced farther from the city. The end result is a hollowed out city core.
- goatinaboat 7y agoThis is very well known by now https://www.theguardian.com/technology/2020/feb/20/revealed-the-areas-in-the-uk-with-one-airbnb-for-every-four-homes https://www.theguardian.com/technology/2020/feb/20/revealed-... I would be willing to be that most AirBnB hosts are not registered businesses and paying the taxes they owe... for running hotels —— From @amiga_500 I'll add my comment here as I mentioned unearned income, which hacker news really don't like, so they gave me the fake "you're posting too fast" even though I've posted nothing for over 20 minutes. Ah so that’s what triggers it! Same thing just happened to me!