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The free market is deciding what the best use of the space is, in terms of generating revenue and value for all parties involved. That's the power of the sharin
by greghinch 13y ago
The free market is deciding what the best use of the space is, in terms of generating revenue and value for all parties involved. That's the power of the sharing economy
- jdmichal 13y agoThat's only because the effects of not having long-term residents who care about a community only manifest themselves monetarily years down the line.
- zem 13y agoonly if you treat revenue and value as interchangeable. the value of someone having a stable place they can rent and not fear the landlord will kick them out to run a revolving-door hotel he can squeeze the maximum amount of rent out of is immense, whether or not they can afford to pay as much as the collective influx of transients would.
- greghinch 13y agoBut the argument Airbnb makes is not in favor allowing building landlords to evict tenants and run illegal hotels, nor is it mine. The law should be changed to cover only that case. Not be broadly extended to cover the 87% who rent out their own home[1], to make extra personal money on the side. [1] according to Airbnb, in the article Edited for formatting
- zem 13y agoi believe there is also a large difference, in terms of value, between renting out your flat when you are not there, and renting out a room while you continue to live there, in terms of how much you are invested in keeping the common space pleasant for everyone.