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This Is the True Scale of New York’s Airbnb Apocalypse (www.wired.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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This Is the True Scale of New York’s Airbnb Apocalypse::A law meant to crack down on short-term rentals in New York City took effect Tuesday. Thousands have dropped off the map, but there are still hosts offering bookings that may break the law.

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[-] kugel7c@feddit.de 10 points 1 year ago

It's also literally always trying to monopolise the platform for a market and then essentially extract rent from that platform, which is stupid, Uber and Airbnb (....) provide an app and maybe a little customer support but joink N% percent of each transaction.

this post was submitted on 10 Sep 2023

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