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Maxinomics — Why Airbnb Feels Worse Now
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Maxinomics — Why Airbnb Feels Worse Now
Should you stay in an Airbnb or a hotel? The answer starts with a century-old map, a skyscraper that stole the sun, and a tax Airbnb skipped for seven years. Airbnb's whole pitch was "live like a local": more space, real neighborhoods, lower prices. But those neighborhoods were zoned to keep hotels out, and the low prices were partly a tax gap that cities eventually closed. This video follows the forces that pushed Airbnb prices up, why cities k…
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