What happened to Airbnb?::Financially, the Airbnb is thriving, but guests, hosts, and cities have had enough.

  • Excrubulent@slrpnk.net
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    11 months ago

    AirBnB are the chokepoint capitalists, not the owners.

    And I’m so sorry you have to do actual work instead of just hoarding property. It must be tough when just having extra houses you don’t need isn’t enough anymore because chokepoint capitalists got in on your scam.

    And supply & demand is completely unsupported by evidence. It is entirely an article of faith of orthodox economics.

    • KevonLooney@lemm.ee
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      11 months ago
      • AirBNB is definitely not the only rental site out there. There are better, more specialized ones.
      • I don’t have any rentals, I just know how much work they are. Can you find anything wrong with my description?
      • Supply and demand is very easy to prove. Just go to any auction. The market clearing price is what someone will pay at the time.
      • NeoNachtwaechter@lemmy.world
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        11 months ago

        Supply and demand is very easy to prove. Just go to any auction. The market clearing price is what someone will pay at the time.

        Some markets are dominated by the buyers, others by the sellers, others change from time to time.

      • Excrubulent@slrpnk.net
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        11 months ago

        You don’t have to be a monopoly to hold a chokepoint. The industry holds the chokepoint.

        Your description was irrelevant, but also… cry me a fucking river. If they don’t like doing the work, maybe they could get some sort of agent to handle the tenants for them, and maybe the agent could get them to sign long term leases so they can vet them more carefully. Why not do that? Because that already exists and makes less money? Okay? Who cares? Jobs are work, here’s Tom with the weather.

        Auctions suck for the most part, that’s why ebay mostly just sells things now. Look at the uproar when Uber does surge pricing. People don’t put up with it. Turns out that outside of a very few artificial situations like an auction, sellers basically just set prices, because unless they’ve specifically opted into an auction environment, consumers don’t put up with it.