> AirBNB has greatly increased the supply of housing in each city, thus causing price drops and forcing hotels to drop their prices in order to remain competitive.
That's 2-3 major claims that I just can't believe at face value. I'd like to, but you'll have to convince me.
People are converting rental properties to AirBnBs, which actually could mean less supply of rental properties and the same amount of people looking for them.
Is AirBnB leading to development of new housing to offset this? Maybe. idk
That's 2-3 major claims that I just can't believe at face value. I'd like to, but you'll have to convince me.
People are converting rental properties to AirBnBs, which actually could mean less supply of rental properties and the same amount of people looking for them.
Is AirBnB leading to development of new housing to offset this? Maybe. idk