Comment

They were never going to be big without breaking hotel regulations. It makes no sense why they’re big anyway. They don’t own any real estate. They should take 5% at most, like a payment processor.

source

Sort:hotnew top

Excrubulent@slrpnk.net ⁨1⁩ ⁨year⁩ ago
It’s chokepoint capitalism, where you don’t supply, produce or consume, you just control the conduit through which people do those things.

Also though just owning property also shouldn’t entitle you to an income. Fuck landlords in general, it’s just airbnb figured out a way to be even more exploitative.

source
- KevonLooney@lemm.ee ⁨1⁩ ⁨year⁩ ago
  Running an AirBNB is a lot more work than renting out a house. There’s cleaning and a lot more toiletries and furniture to buy. You probably clean the entire place more often than you clean your own house. You also have to communicate with the renters all the time and arrange to give them keys 10 times a month. Sometimes you do all that and the people cancel.
  
  Stop trying to make “chokepoint capitalism” a thing. AirBNB doesn’t control prices on anything. Tourists determine what’s expensive with their dollars.
  
  source
  - Excrubulent@slrpnk.net ⁨1⁩ ⁨year⁩ 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.
    
    source
    KevonLooney@lemm.ee ⁨1⁩ ⁨year⁩ 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.
    
    source
    -> View More Comments
  - gothic_lemons@lemmy.world ⁨1⁩ ⁨year⁩ ago
    Oh wow are the basic responsibilities of the thing ppl do voluntary tough? Maybe don’t do it then ya chokepoint capitalist.
    
    source