#897: New Orleans Vs. Airbnb
22:25 | Feb 28th
repeatRe-echoed by mm
jspinelle ∙ Mar 1st
So much I never thought about when it comes to Airbnb’s role in neighborhoods!
mm ∙ Mar 2nd
Airbnb used to be about letting someone use your couch or spare bedroom in your place, but now it's turned into hotel business. Neighbourhoods shouldn't be hotel districts! Revitalization should be community-centered and community-led. It's sad what happened to New Orleans. It'll be interesting to see if the new stricter policies reverses the trend.
jspinelle ∙ Mar 3rd
Yeah, it’s a shame that corporations once again ruin things for individuals who are tying to improve their financial situations.
mm ∙ Mar 3rd
@jspinelle It’s not just corporations though, it’s also individuals who are turning homes into short term speculative cashflow through Airbnb because it’s more favourable financially over long term rentals. It inflates housing costs, and removes long term rentals and affordable homes from communities.