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Scale Ruins Everything

(coldwaters.substack.com)
175 points drc500free | 1 comments | 14 Oct 24 17:34 UTC | HN request time: 0.384s | 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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1. remyp ◴[15 Oct 24 18:48 UTC] No.41851808[source]▶
I live in Lisbon. Over 80% of housing units in the historic Alfama neighborhood are now vacation rentals. This is the most historically Portuguese neighborhood in the capital. It was the only neighborhood to survive the earthquake in 1755. Fado was born there.

Yes, it's a failure of government policy, but I don't think it's hyperbole to say that AirBnB and its ilk destroyed that community. That is, assuming you define "community" as a group of people and not a group of buildings.