Hacker News new | ask | show | jobs
by pjc50 2265 days ago
The destruction of AirBnB may push rents down. Hard to see how rent can go up beyond what people can actually afford?
2 comments

Rent, health care, education and housing cost can go up to a level that it eats up most income for average people. That seems to be the trend.
I don't know about the national level, but within major cities where tech salaries and Airbnb are both prominent, I'm curious to see what happens to the local real estate markets. I know many people in Austin and SF who can afford their home because they A. have a large salary working in tech and B. offset their mortgage by Airbnbing.