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How Airbnb accidentally screwed the US housing market and made $100 billion (www.arktrek.shop)

submitted 5 months ago by Dragxito@lemmy.world to c/technology@lemmy.world

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[–] MegaUltraChicken@lemmy.world 0 points 5 months ago (1 children)

They didn't accidentally do shit. They ignored the consequences of their decisions for profit at the expense of everyone else. You don't get to make $100 billion dollars and feign ignorance about how you got it and the damage you caused to obtain it.

[–] shrugs@lemmy.world -1 points 5 months ago (1 children)

They are a company with zero morals and the goal to maximize profits. That's what capitalism is for and were it's good at.

The government needs to create rules and laws to make sure that this profit maximizing doesn't happen on the back of ordinary people, but since corporate america is allowed to control the government through money, this doesn't happen.

Capitalism is a tool, can we please start to use it like that again?!

[–] MeThisGuy@feddit.nl 0 points 5 months ago* (last edited 5 months ago) (1 children)

the problem is already in the word itself.. capitalism

aka to capitalize on someone else's problems\misfortunes

[–] shrugs@lemmy.world -1 points 5 months ago

Capitalism is a tool. Without it, we wouldn't have cars, smartphones and so much more.

The problem is that we started to let the tool decide what is important. And since for them profit is more important then people, we are fucked.

Is a hammer generally bad because it can crush your fingers?

[–] power@lemmy.blahaj.zone 0 points 5 months ago* (last edited 5 months ago) (2 children)

I feel like the US is far down on the victims list. Look how they massacred my boys Spain and Italy

[–] kameecoding@lemmy.world 1 points 5 months ago (1 children)

Prague city center is basically just airbnb flats now

[–] KrankyKong@lemmy.world 1 points 5 months ago

Same in Nashville. It's a shame. I wish the government would regulate this more.

[–] gravitas_deficiency@sh.itjust.works -1 points 5 months ago

“accidentally” 🤦‍♂️

It was - and is - entirely fucking intentional.