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How Airbnb accidentally screwed the US housing market and made $100 billion
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this post was submitted on 12 May 2024
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Visiting my husband's home town where this has happened and all his parent's friends have moved into trailers because the houses where they raised their kids were bought for insane amounts but then they couldn't afford a smaller house in the same town. Where we live now on the East Coast, we can no longer stay in our school district for less than half a million because doctors from larger urban areas keep buying the houses in our school district and we're being forced 60+100 miles out from my hometown where we raised our young kids to even begin to afford housing.