this post was submitted on 15 Jul 2023
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[–] buycurious@lemmy.world 14 points 1 year ago (1 children)

I read somewhere that a lot of the private equity that was used to jump start Airbnb has now been pulled back so they can generate revenue on their own.

For regular folks, this means less subsidized/cheaper rooms available now that Airbnb has to front everything versus someone propping them up.

i feel like i read this just moments ago