Airbnb’s Outrageous Price Gouging
Athletic events? Concerts? Conferences? Name any big event, and Airbnb’s price-gouging commercial landlords will likely be there to take advantage of travelers. We’re keeping a close eye on these events – from events like the Super Bowl and March Madness to marathons and conferences in cities across the country – tracking rates as they surge by thousands of dollars each night.
As Airbnb’s bad actors shake down travelers, they prove the damage that can be done when home sharing runs awry. Many of Airbnb’s price-gouging hosts aren’t true home sharers; they are commercial landlords running de facto hotels, disrupting communities, and taking housing stock off the market for long-term residents.
Airbnb’s price-gouging is costing families and communities – and is yet another example of the damage that can be done when commercially operated short-term rental sites go unchecked.
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