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There are a lot of worthwhile, needy causes, but a for profit business is not one of them. Especially considering the amount of collateral damage airbnb has cau
by bagacrap 6y ago
There are a lot of worthwhile, needy causes, but a for profit business is not one of them. Especially considering the amount of collateral damage airbnb has caused in various markets. If property owners are forced to sell at a loss, so be it. There's a theme here with various industries, such as airlines (save LUV), where they choose to operate with zero piggy bank/ margin for error, and when shit hits the fan they're immediately bankrupt. Fiscal irresponsibility should not be rewarded with handouts, imo. It does rile me a bit to even hear the suggestion that it should.