> AirBnB provides people a way to arbitrage those externalities, but it's not wholly evil either, it also has positive attributes that can benefit both parties.

> AirBnB provides people a way to arbitrage those externalities, but it's not wholly evil either, it also has positive attributes that can benefit both parties. On the whole, Airbnb is a parasite. Those "off the beaten track" places we're talking about (where, again, legitimate hotels, hostels and homestays are typically available as well) almost certainly account for a very small part of Airbnb's listings, bookings and revenue. The high-volume locations (think cities like Barcelona and Amsterdam) have experienced significant damage as a result of Airbnb.