808
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 21 Jun 2024
808 points (99.0% liked)
World News
32353 readers
341 users here now
News from around the world!
Rules:
-
Please only post links to actual news sources, no tabloid sites, etc
-
No NSFW content
-
No hate speech, bigotry, propaganda, etc
founded 5 years ago
MODERATORS
I had a good time in an Airbnb years ago, too, but it's gotten more expensive over time. It's not even that much cheaper than hotels now whenever I check.
And we have to admit that while they serve tourists like us, it's costing locals their chance to get housing when landlords are buying up units and houses and saving them all to rent out on Airbnb.
I worked for a low income apartment complex that started doing AirBnB. It's already a 2-3 year waiting list to get a rent controlled low income apartment but they were taking units off the market because they could make more money renting them by the night.