(no title)
kp98 | 6 years ago
Airbnb is so supply constricted that it virtually always sides with the host. Compare that to NYC housing laws which are some of the most tenant friendly I could’ve written myself. So Airbnb screws individuals through various policies degrading consumer protection.
The world decided zero interest rates were good, so Chinese investors like the aforementioned buy places outright with minimal capital down and rent them out to local Canadians at a premium, driving rent and prices up. The result is that domestic markets have been brutalized and the rich have won in the zero rate economy, especially on housing.
I’ve had 8 Airbnb experiences and 4 turned out awful, the other four were fantastic. I used to think the company was amazing for building this new market now I’m completely jaded and feel bad for hoping this company rots
fxtentacle|6 years ago
Nowadays, all that good will and belief in helping out others has been replaced by an impersonal financial transaction. Surely, that has changed how the "guest" and the "host" interact with each other, and not in a good way. The "guest" is now a customer of paid services and gets treated accordingly.
I believe short term rentals should be organized by a government agency. That way, all the profits can be reinvested into the housing market instead of being siphoned into a tax haven by Airbnb.
juskrey|6 years ago
modo_mario|6 years ago
There's no way you get to 1000$ wear easily on multiple small things unless you have someone's making an effort to be trash or breaks a large appliance in which case it's provable and Airbnb probably knows it.
The story of someone getting scammed out of a lot of money like that can spread.
lotsofpulp|6 years ago
I don’t understand what would make people think that a few programmers in SF and random people all over the world could provide quality housing? The big hotel brands spend tons of money on training and renovations and periodic inspections of each property, but a website that simply allows host and guest to rate each other is supposed to provide an even better experience?