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wasoxygen · 1669 days ago · link · · parent · post: ‘A Bargain With the Devil’—Bill Comes Due for Overextended Airbnb Hosts
Probably the travel business will eventually recover. If Airbnb disappears, what would you like to see take its place? Just more business for the Hilton family? I agree that converting apartments into vacation rentals puts pressure on the housing supply. That housing was mostly created by developers hoping to make money by increasing supply. Where housing is scarce now, developers have a clear opportunity to make more money by building more housing. Why don't they?