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submitted 6 months ago by zephyreks@lemmy.ml to c/worldnews@lemmy.ml
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[-] WanderingVentra@lemm.ee 11 points 6 months ago* (last edited 6 months ago)

I had a good time in an Airbnb years ago, too, but it's gotten more expensive over time. It's not even that much cheaper than hotels now whenever I check.

And we have to admit that while they serve tourists like us, it's costing locals their chance to get housing when landlords are buying up units and houses and saving them all to rent out on Airbnb.

[-] CascadianGiraffe@lemmy.world 8 points 6 months ago

I worked for a low income apartment complex that started doing AirBnB. It's already a 2-3 year waiting list to get a rent controlled low income apartment but they were taking units off the market because they could make more money renting them by the night.

this post was submitted on 21 Jun 2024
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