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Scale Ruins Everything

(coldwaters.substack.com)
175 points drc500free | 1 comments | 14 Oct 24 17:34 UTC | HN request time: 0s | source
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endo_bunker ◴[14 Oct 24 20:09 UTC] No.41841389[source]▶
Comical to suggest that AirBnB "ruined communities" or "destroyed the dream of home ownership" as if decades of federal, state, and local government policy had not already guaranteed those outcomes.
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sgdfhijfgsdfgds ◴[14 Oct 24 20:15 UTC] No.41841453[source]▶
Airbnb has in fact ruined communities and destroyed the dream of home ownership for an entire class of people: those who would already be buying at the limits of their budgets to stay where they were brought up.

This happened even in areas where holiday home ownership and rental was common as a business.

The failure of government to grapple with the negative effects of Airbnb is a separate thing. Airbnb are, in fact, in control of their own morality.

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lacy_tinpot ◴[14 Oct 24 21:07 UTC] No.41842022[source]▶
AirBnB destroyed home ownership?

As far as I can remember AirBnB didn't cause the 2008 financial disaster that really sealed the fate of homeownership in America for the next decade for a lot of Americans.

AirBnB has provided an avenue to generate income for small business owners in rural communities. Urban areas are struggling because they aren't building more.

BUILD MORE. How difficult is it to understand that?

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1. BlueTemplar ◴[15 Oct 24 17:01 UTC] No.41850611[source]▶
The 2008 financial disaster, in particular speaking of home ownership issues was mostly limited to the USA though.

Americas are a lot bigger than the USA, and the unicorns had a disruptive effect wider still.