Spotlight7573@lemmy.worldtoTechnology@lemmy.world•How Airbnb accidentally screwed the US housing market and made $100 billionEnglish
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7 months agoIt also doesn’t help housing prices that the landlords are colluding to raise prices:
https://www.ftc.gov/business-guidance/blog/2024/03/price-fixing-algorithm-still-price-fixing
It isn’t just Airbnb’s fault, it’s landlords wanting to maximize their return, no matter the method (short-term rentals or price fixing collusion).
That’s a sentiment that quite a few others online feel too:
https://www.techdirt.com/2019/03/13/do-people-want-better-facebook-dead-facebook/
I do get the argument though that if no improvement will ever be good enough for some people, then what incentive do they have to change for the better if it won’t make a difference to those people either way?