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It truly is a “small sliver of demand” in the wider national market, but in high demand areas (tourism, urban) it is having a real impact on pricing, availabili
by threecheese 3y ago
It truly is a “small sliver of demand” in the wider national market, but in high demand areas (tourism, urban) it is having a real impact on pricing, availability, quality of life, community etc. I have two minds about companies like Airbnb, Uber and others, in that it’s great that they disrupted markets that were captured by legacy regulation that wasn’t working anymore in the best interest of the public, but this opened up a “wound” that was aggressively attacked by capital, created new problems that we aren’t equipped to deal with, and now they’re entrenched in these markets just like the {hotels, taxis, delivery companies} were.