Airbnb. I used to think they were a perfect business. Saw a gap in the market, created a decent product, invested in their users (back in the day they would even send a photographer to take good photos of your property).
Unfortunately the consequences turned out to be awful.
AirBNB would work better if the owner was required to live in the property 160 days out of the year. Where it went wrong was in letting corporations buy up housing and use it to skirt hotel taxes and regulation.
Airbnb. I used to think they were a perfect business. Saw a gap in the market, created a decent product, invested in their users (back in the day they would even send a photographer to take good photos of your property).
Unfortunately the consequences turned out to be awful.
AirBNB would work better if the owner was required to live in the property 160 days out of the year. Where it went wrong was in letting corporations buy up housing and use it to skirt hotel taxes and regulation.
AirBnB is almost directly responsible for the surge of housing prices in my local town, and they should die in a fire.
🌈.°`E N S H I T I F I C A T I O N’°. 🌈