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.
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 but before airbnb this was not much of an issue. They do seem to go hand in hand.
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.
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.