Huge growth and ethical concerns make Airbnb users think again
The site’s success has led to it being accused of swamping tourist hotspots with short-term lets and forcing out locals
When it began in 2007, the site was a way for people to make extra money by renting out a room in their own home. Now it has turned into a tech behemoth that has changed the profile of rentals in many large cities around the world.
Key takeaways
- With the mushrooming in size and influence of Airbnb has come skepticism of the company from some travelers at its growing influence;
- Airbnb pushes local people out of towns, villages and cities, and changes communities;
- Airbnb today is all about companies and landlords buying up properties to rent out at extortionate prices.
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