• dogslayeggs@lemmy.world
    link
    fedilink
    arrow-up
    5
    ·
    6 months ago

    A lot of airbnbs are owned by corporations. Also, airbnb came out around the time corporations really started investing in single family homes en masse. Airbnb started in 2008, which was at the same time as the housing bubble collapse that helped investors buy up on the cheap. It’s hard to say which was the chicken and which was the egg.

    • HubertManne@moist.catsweat.com
      link
      fedilink
      arrow-up
      1
      ·
      6 months ago

      yeah exactly. Its hard to say which influenced which but they are both a part of it. I mean I remember how the concept for it and the ride thing was more of a social couch surfing thing. we really need to capture these back to things like the federation and get the gross corpo profits out of it.