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The US needs to build 2 million houses to revive the American dream of homeownership
(www.businessinsider.com)
this post was submitted on 19 Jun 2024
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yeah but before airbnb this was not much of an issue. They do seem to go hand in hand.
A lot of airbnbs are owned by corporations. Also, airbnb came out around the time corporations really started investing in single family homes en masse. Airbnb started in 2008, which was at the same time as the housing bubble collapse that helped investors buy up on the cheap. It's hard to say which was the chicken and which was the egg.
yeah exactly. Its hard to say which influenced which but they are both a part of it. I mean I remember how the concept for it and the ride thing was more of a social couch surfing thing. we really need to capture these back to things like the federation and get the gross corpo profits out of it.
I disagree that airbnb is the issue here. Corporate ownership of houses that are subsequently rented out would still be an endemic issue that needs to be addressed, even IF airbnb and vrbo apps were to be outright banned (they wont be)
the airbnb's would have otherwise been rentals. I agree corp ownership is an issue regardless but that does not mean its the sole issue around a problem.