Originally conceived out of its founders’ struggles to pay their exorbitant San Francisco rent, Airbnb has become the very thing it had hoped to rectify. Driving rent increases and housing displacement, Airbnb exports risk, shirks responsibility, and generates massive profit. On March 16, a fire in a historic building in[Read More…]
Tag: Airbnb
Airbnb rentals in the Plateau spark ownership debates
With its alternative cafés, restaurants, and thrift stores, the Plateau neighbourhood might appear to be a flourishing area for anyone who grew up outside of Montreal. However, in reality, the online short-term renting platform Airbnb has caused long-standing residents to be evicted, housing market prices to rise, and small businesses[Read More…]
Airbnb short-term cities are impacting long-term rentals
Most students I know have at some point benefited from the services provided by Airbnb, whether for travel, a night out, or to make some extra cash on the side. However, in recent years, the rapid increase of Airbnb listings has become cause for concern for the housing market, as[Read More…]
