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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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US policymakers screwed themselves with crappy urban planning, leading to insufficient housing supply and bad transit options. Blaming AirBnB for high housing prices is like setting up a chain of dominos, and criticizing a guy who comes by and knocks it over. If it wasn't him, it would have been someone else, or the wind.
Yeah, and that's exactly what they chose to do. They contributed to the reasons John Public can't afford housing, and were rewarded massively for it.
Yeah, anyone can rob a bank with poor security, but we should still punish the guy who actually robs the bank.