Tuesday August 4, 2020

How Airbnb is adding to the rental crisis

Critics say it is a cash cow for private landlords which is destabilising a housing market already in crisis

11th September, 2016

It has been hailed as the Ryanair of the hotel industry – an energetic, cost-cutting, upstart threatening long-held and jealously guarded hegemonies. Airbnb has cut a swathe through the global property sector since it was founded on the quaint idea of hiring out an air mattress in your house. Since that day in 2008, it has grown exponentially, with more than 1.5 million beds now available for hire in cities around the world. It has...

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