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Lack of affordable housing in Lisbon is not some private company in America's fault, it's Lisbon's government's fault. That's like blaming the tech industry for
by JSavageOne 6y ago
Lack of affordable housing in Lisbon is not some private company in America's fault, it's Lisbon's government's fault. That's like blaming the tech industry for housing shortages in San Francisco.
Some people like myself (eg. digital nomads) prefer short term rentals, and AirBnB has changed our lives.
- piva00 6y ago> Some people like myself (eg. digital nomads) prefer short term rentals, and AirBnB has changed our lives. Good for you but AirBnB has a proven impact in increasing rent prices for long-term rentals in any touristic city, be it Barcelona, Lisbon, Amsterdam, lots of cities in Europe have suffered from AirBnBs pushing units out of the long-term rental market and being available for people like you. And people like you aren't the majority of the inhabitants of a city, when people that are born and raised in a city are pushed out by pricing due to 10+% of the stock of possible rental units being used as short-term just so landlords can make a bigger buck it's sad and inhumane. Great that from your perspective it's helped you, it's definitely impacted the lives of a lot of young people that were born in the cities you like to live, AirBnBs are eroding exactly what made them attractive: a good city neighbourhood.
- cpursley 6y agoSo build more housing
- piva00 6y agoSure, if it was that simple I believe it would have been solved already. Ignoring the whole political and social aspects of a complex problem is hand-waving a lot, there are different pressures to be considered, different avenues of solutions and even more with housing that is: expensive and has a long turnaround from permit -> completion. But sure, tell every single young person that the solution for them on the next 5 years is to sit down and demand more housing built. What do people do while that's happening? Allow AirBnB to extract money and rent-seekers to gouge prices for the population? That's not how the real world works, I'm sorry.
- cpursley 6y agoEconomics 101 The real world is dictated by supply and demand. When demand is high and supply is low, prices rise as competition pushes them up. The increase in housing prices is a huge incentive for developers to build new housing. And it also increases the capital necessary to build more housing. Obviously the political situation will need to allows for new housing. Otherwise prices will just continue to increase.
- andrepd 6y agoThen why is that not happening? When your theory postulates some conclusions and those conclusions don't verify, then your theory is wrong? At least that's how it works in every science.
- cpursley 6y agoIs the Lisbon political situation allowing new construction? It's the political situation in the Bay Area (California) that's keeping prices high by not allowing new construction. It's the same reason developer salaries are high. Demand is high and supply is (currently) low. My company is struggling to find people to hire right now and are offering cash incentives.
- piva00 6y agoNo, the real world is affected by supply and demand, not dictated by it. The real world is dictated by a complex network of social and political pressures, each trying to achieve their own agenda, finding the balance in this environment in how to minimise damages while maximising benefits is the game that any government and, to a lesser extent, corporations try to play. Believing that the world is dictated by a reductionist model of supply-and-demand is either myopic or ignorant, the world doesn't work like that, that is a model that works well for a diverse set of markets, not all and not at all if you start to include the social aspects into it. You can't just start building anywhere and anything, that will kill cities, it's a shallow analysis of a broader scope of issues such as: maintaining livable conditions (as defined by the society and culture of that city, not by some metric of "available units per inhabitant"), maintaining harmony of urban planning, maintaining the cityscape, and so on. Devising the master plan for building is exactly the kind of aspect that a simplified worldview of pure supply-and-demand does not take into account, it's simplistic and unempathetic. Prices will continue to increase if building new units doesn't take place. AirBnB and greedy landlords shouldn't have the power to increase this damage for short-term profits. And worse: doing that in a rent-seeking way, with little to no benefit to the society of that city apart from some tourism money and "digital nomads" income passing by, rent-seeking behaviour is disgusting, it's pure extraction by virtue of you accumulating enough capital to be able to own a piece of land, that's all, there's no productivity increase for society through this form of extractivism.
- JSavageOne 6y agoSo tell your local government then to pass laws that make short-term rentals via AirBnB illegal, or to increase taxes on rental properties, or to build more housing, etc. People in the comments are acting like AirBnB is some villain, when in reality it's just a website that facilitates supply and demand of housing. If not AirBnB, it will be some other site (eg. many AirBnB listings are on other websites as well). So long as that market exists, platforms will come up to cater to those needs. Everybody loves a good villain. But really the problem and solution are not as simple as AirBnB = bad. You guys sound like taxi drivers bashing Uber/Lyft.
- matthewh806 6y agoYeah, of course it comes with some benefits of added convenience & simplicity. But this is a narrow minded point of view in my opinion. Digital nomads building some pointless SaaS products with inflated egos working remotely in far flung places of the globe, getting to sample the delights of the worlds great capital cities are not an important consideration in the impact of AirBnB globally. The ability to live a lifestyle like that already comes with so much opportunity and privilege which is either denied or impossible for so many people. And so when AirBnB ravages communities by driving prices up and forcing people out through their carefree regard for local rules and regulations, then yes, I would say that part of the problem also lies with AirBnB, unless you simply believe that any company should be able to bulldoze whatever comes in its path with zero repercussions? There is a reason that cities like Lisbon are desirable to visit and spend time in. It's not because its increasingly filled with tech-nerds who talk about "Ramen profitability" and play on slides in offices at lunchtime. Its because of the rich history of the place and the communities + people which make it up. And much like gentrification has done, this easy carefree tourism dilutes that and risks turning everything into more of the same playgrounds of the world.
- JSavageOne 6y ago> Digital nomads building some pointless SaaS products with inflated egos Look we get it, you hate digital nomads and SaaS products. I couldn't really care less, and that has nothing to do with anything I said, which is that local governments are responsible for their citizens. Whether it's AirBnB or Craigslist or Couchsurfing or some other website, there will always be a demand for people to find housing and to rent out spare housing. Villainify digital nomads or AirBnB, that's never going to solve the problem. (though part of me thinks you're more interested in venting about how much you hate "digital nomads" then actually thinking about the problem of affordable housing and what would could realistically be done to fix it).
- deleted 6y ago[deleted]
- matthewh806 6y agoI don't really hate digital nomads, it was a deliberately flippant response to your comment in which I felt you expected the whole world to be your personal playground. I don't think it's really useful to put the blame squarely on the local government in Lisbon for example, sure perhaps they should take a share of it, but that doesn't exonerate exonerate Airbnb - far from it in fact. We're not "villainifying" Airbnb with baseless accusations - I've seen you comment elsewhere that if it wasn't Airbnb it would be some other company, that is terrible way to justify things. I do believe we should villainify them for circumventing and bending local laws (especially in a country which is in a different continent to where Airbnb is based...) to their advantage and to the detriment of the cities they're "disrupting". Just because something is not technically illegal or you can get away with it doesn't mean it's justified. I don't hate Airbnb either, though I am inherently distrustful of fast growing, power hungry & greedy "tech" companies and in fact have personally had positive experiences with it. I just don't think its as black & white as you're suggesting. Airbnb should be (and thankfully is) being held accountable for the damage its wreaked around the world. Local laws & regulations were perhaps not well enough equipped to deal with this new kind of tech behemoth and have been slow to adapt, but Airbnb didn't have to play the bad guy in violating zoning & short term stay regulations that the rest of the hospitality industry have to follow. But they did... knowingly. Someone else made the point that Airbnb was kind of like Trump, exposing & exploiting the existing weaknesses in a system to their own personal advantage. We don't point the finger squarely at the the system, yes it clearly failed under Trump and he is in some way just a symptom of more fundamental problems. But it doesn't let him off the hook. Neither should it for Airbnb Of course the aims of any private company are to maximise profits through whatever means necessary. That's just the world we live in unfortunately. But even if we accept that as a fact of life, it doesn't mean that on an ethical & moral level we should overlook the harm caused.
- andrepd 6y agoPerhaps it would be good for you to be aware of how crushingly privileged and tone-deaf this comment sounds. Arrogant even. Good for you that you get to travel the world with a laptop in your backpack, typing away lines of code for some inane web company for luxurious pay, all the while taking in the sights and culture of dozens of amazing places. That is a privileged lifestyle only a fraction of people can enjoy. Excuse me if the people whose lives are dramatically impacted by this economic squeezing don't give a damn that "you quite prefer short-term rentals". You don't get to evade responsibility for the your actions and the consequences of your lifestyle, while advertising "worker rights" and "anti-poverty" in your bio.
- JSavageOne 6y agoIronic how the keyboard warriors who accuse others of being "arrogant" tend to themselves come off as the most arrogant. Again if you actually read my comment, the point is that governments are responsible AND the only entity capable of fixing affordable housing problems. But sure feel free to villainify AirBnB and AirBnB guests/hosts if that makes you feel better. I was living off AirBnB and short-term rentals in NYC/SF too, I guess that means it's my fault that NYC/SF has expensive housing? Lol ok. You should actually write a bio so I can anonymously insult your existence from the comfort of my keyboard. /s