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by moptar 3653 days ago
Any change in the housing market it bad for someone. Rents going down can cause owners to lose their homes. Rents going up upsets people who want the security of living in the same place but are't willing to pay for that luxury by buying their own house.

More interesting is what the long term picture would look like if the AirBnB is left to carry on unimpeded. Whatever it is will surely be better for people in general. It might hurt some people who feel entitled and got caught by surprise, but that's how progress works. There are usually losers along with people overall being winners.

1 comments

Not just those who aren't willing to pay - many (like me) aren't able to pay yet.
People who can't afford it shouldn't expect it to just be given to them. I spent a long time not being able to afford a house and when I couldn't afford rents, I simply moved elsewhere. I never imagined blaming some nebulous group for that inconvenience. It's just part of life.