Airbnb changes the demand curve by letting residential zoned property be commercial short term rentals. It also doubles down by undermining actual hotels.
So you can react by saying just more houses. And I can react by saying “don’t do Airbnb, which is often illegal anyway.” We’re both right.
Capital shouldn’t have higher preference over citizens.
Airbnb changes the demand curve by letting residential zoned property be commercial short term rentals. It also doubles down by undermining actual hotels.
So you can react by saying just more houses. And I can react by saying “don’t do Airbnb, which is often illegal anyway.” We’re both right.
Capital shouldn’t have higher preference over citizens.