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by qlm 1408 days ago
Maybe the solution to the housing crisis is to build more affordable housing and to eliminate the practice of using housing as an investment / safe place to park money. Also, outlaw or heavily regulate Airbnb.

I don't think another VC-funded app with cool branding is going to save us.

2 comments

I dont get why creating more housing means housing is no longer an investment. It's still an safe investment, it's not going to zero, just will not continue to be a great investment.
Honest question: why are there so may Airbnbs? What's the advantage over traditional hotels / hostels? Are the prices significantly lower?
They were definitely lower when AirBnB launched, although most of the difference is gone nowadays (might vary by locale).

AirBnBs are also far more likely to have a fully equipped kitchen setup, separate rooms, and larger setups for families and groups, none of which are impossible with hotels but are definitely not very common.

I do think AirBnB generates way too much negative externalities for the value it brings, but there is value in it for the consumer.