Funny how we vilify those who are renting it out, but not those that are renting. Its the scalper argument all over again. Blaming the seller, but not the buyer who creates the market. If no one rents, then no one is going to buy to set up an airbnb.
And this is why governemental regulation is the only way and why capitalism has its problems: Capitalists blaming the consumenr for the existing market. People will use the offer the capitalists create for them if it is convenient for them and they draw an advantage from it. Of course you can always blame the consumer, and protect the guy who out of pure compassion creates a market that destroys our world even faster. But hey, at least someone profitet from it in the meanwhile.
I’d agree with you a lot more if AirBnB wasn’t a lot cheaper than any hotel or other travel accommodation. A town that relies on tourism might be different, but in the USA I save about $100 and get a more private place to stay.
Funny how we vilify those who are renting it out, but not those that are renting. Its the scalper argument all over again. Blaming the seller, but not the buyer who creates the market. If no one rents, then no one is going to buy to set up an airbnb.
And this is why governemental regulation is the only way and why capitalism has its problems: Capitalists blaming the consumenr for the existing market. People will use the offer the capitalists create for them if it is convenient for them and they draw an advantage from it. Of course you can always blame the consumer, and protect the guy who out of pure compassion creates a market that destroys our world even faster. But hey, at least someone profitet from it in the meanwhile.
What about induced demand?
I’d agree with you a lot more if AirBnB wasn’t a lot cheaper than any hotel or other travel accommodation. A town that relies on tourism might be different, but in the USA I save about $100 and get a more private place to stay.
Be better.