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Daho0n | 4 years ago

It's because Airbnb (ab)use the same kind of hole in the law as Uber does. Hotels have to follow more rules and can't build a room in random buildings that happen to be available but build lots of rooms in huge buildings. The problem isn't hotels but that Airbnb isn't seen as hotels as they should be. Luckily some cities are waking up and stopping the abuse.

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high_derivative|4 years ago

I don't know why you are getting downvoted for this. AirBnb's valuation is basically extracted from society by pocketing the difference to anyone needing to follow regulations.

AirBnB does not create value, it extracts it from communities. It's not the kind of startup anyone should be cheering on

ErikVandeWater|4 years ago

I agree that Airbnb is technically breaking the law with almost every rental, but increasing the supply of housing is a MAJOR benefit to society. Zoning laws and business building codes are completely unreasonable in most cases.