this post was submitted on 10 Sep 2023
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This Is the True Scale of New York’s Airbnb Apocalypse (www.wired.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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This Is the True Scale of New York’s Airbnb Apocalypse::A law meant to crack down on short-term rentals in New York City took effect Tuesday. Thousands have dropped off the map, but there are still hosts offering bookings that may break the law.

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[–] BedSharkPal@lemmy.ca 184 points 1 year ago (1 children)

I love seeing more places banning or restricting air bnb. Fuck that company and its role in the housing crisis.

[–] assassinatedbyCIA@lemmy.world 69 points 1 year ago (1 children)

Fuck most of the ‘gig’ economy in general. It’s just a way for venture capitalists to skirt labour laws while peddling shitty stock to retail rubes.

[–] kugel7c@feddit.de 9 points 1 year ago

It's also literally always trying to monopolise the platform for a market and then essentially extract rent from that platform, which is stupid, Uber and Airbnb (....) provide an app and maybe a little customer support but joink N% percent of each transaction.