this post was submitted on 08 Feb 2024
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Air bnb is not evil, it's people exchanging services for money. They just resolve disputes, show reviews, etc.
The difference with PayPal is that they are not in any business, so they can't necessarily resolve disputes other than relating to the payment itself. But the credit card issuer has exactly the same job, so PayPal is an extraneous intermediary
Air BNB is, knowingly, helping to destroy the housing market. It's so bad cities are talking about banning them because of how they are driving up prices.
Not building enough proprieties is destroying the housing market.
Even if you ban airbnb, it doesn't solve this fundamental issue. Stop blaming businesses for NIMBYs voting to stop housing development.