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I agree. It's not like those Airbnb's are popping out of nowhere. People are leaving that neighborhood and an increase of Airbnbs indicate that those leaving ar
by villasv 5y ago
I agree. It's not like those Airbnb's are popping out of nowhere. People are leaving that neighborhood and an increase of Airbnbs indicate that those leaving are folks that do not need to sell an apartment to go to another one - that is, concentrated capital is leaving the neighborhood.
I'd say that the article doesn't get the relation backwards because there's a time lag. I'd say there's a confounding factor causing the capital exodus early on and increase in violence later on. The problem is whatever the rich are inconvenienced by that is making them leave, and it looks like whatever it is it predates reported violent crime.
- dahfizz 5y ago> People are leaving that neighborhood and an increase of Airbnbs indicate that those leaving are folks that do not need to sell an apartment to go to another one - that is, concentrated capital is leaving the neighborhood. Source? I know a few people who own AirBnBs and they all decided to buy new properties to rent out. I don't see a reason to expect most AirBnBs used to be residences that the owners fled.