It also reduces available accommodation for people who need it. You can complain about what landlords have done to private ownership, but at least that’s a home someone can live in.
With Airbnb you can charge a week’s rent per night but it’s not a home and nobody can live there.
AirBnB also destroys communities by pushing rent for affordable living spaces. 1st hand experience.
Tell me about it! Here in Athens Airbnb’s is one of the reason that rent has skyrocketed.
Yes, but think of the poor shareholders!
IMHO the problem is that 99% of retirees do so with economic rent.
It also reduces available accommodation for people who need it. You can complain about what landlords have done to private ownership, but at least that’s a home someone can live in.
With Airbnb you can charge a week’s rent per night but it’s not a home and nobody can live there.