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Cumol  ·  1457 days ago  ·  link  ·    ·  parent  ·  post: ‘A Bargain With the Devil’—Bill Comes Due for Overextended Airbnb Hosts

I hate AirBnB. They are the reason people cannot afford living in tel Aviv anymore. The same is happening in Berlin.

A friend of mine that lives in a soon to be gentrified neighborhood in tel Aviv can't pay her rent anymore during the covid19 situation because she relied on subletting one room in her apartment via AirBnB.

People were fine paying the high prices because they could rely on AirBnB to pay the rent. And now they are fucked.

Maybe their problem. I wouldn't want to rely on a company like airbnb to make ends meet. Or should I?