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This Is the True Scale of New York’s Airbnb Apocalypse (www.wired.com)

submitted 11 months ago by [email protected] to c/[email protected]

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This Is the True Scale of New York’s Airbnb Apocalypse::A law meant to crack down on short-term rentals in New York City took effect Tuesday. Thousands have dropped off the map, but there are still hosts offering bookings that may break the law.

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[–] [email protected] 72 points 11 months ago (1 children)

Fuck most of the ‘gig’ economy in general. It’s just a way for venture capitalists to skirt labour laws while peddling shitty stock to retail rubes.

[–] [email protected] 11 points 11 months ago

It's also literally always trying to monopolise the platform for a market and then essentially extract rent from that platform, which is stupid, Uber and Airbnb (....) provide an app and maybe a little customer support but joink N% percent of each transaction.