LogFAQs > #936523487

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Topic	Coronavirus is exposing how Airbnb caused rent worldwide to skyrocket
Frolex 03/31/20 4:21:55 AM #27:	Questionmarktarius posted... The short-term renters were outbidding the long-term renters, up until about two or three weeks ago. That's the basic functionality of housing markets in the US, especially in 'tourist' areas. Almost as if there might be some pretty obvious potential issues with the fact that there's a factor in the market even allowing short-term renters to "bid" on long-term housing units in the first place --- https://imgur.com/HOLHd4k https://imgur.com/six2WTN <cite>Frolex posted [p:936523487] in Coronaviru... [t:78524258]...</cite> <quote>Questionmarktarius posted... </cite> <quote>The short-term renters were outbidding the long-term renters, up until about two or three weeks ago. That's the basic functionality of housing markets in the US, especially in 'tourist' areas.</quote> Almost as if there might be some pretty obvious potential issues with the fact that there's a factor in the market even allowing short-term renters to "bid" on long-term housing units in the first place --- https://imgur.com/HOLHd4k https://imgur.com/six2WTN</quote> ... Copied to Clipboard!
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