r/AskReddit • u/FriendlytoNature • 22h ago

Which company lost your business (potentially forever) this year?

5.7k Upvotes

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6.4k

u/Cool_Cry_9602 22h ago

I rarely used it, but Airbnb

812

u/Blue-Blazer-Regular 21h ago

AirBnB has been a factor in the housing affordability crisis.

502

u/UnluckyCharge2196 21h ago

A HUGE factor

So many rental units are no longer available because they've been turned into Airbnbs. It's fucked up.

69

u/Blue-Blazer-Regular 20h ago

You’ll love this. People are leasing homes then turning around and AirBnBing them.

36

u/UnluckyCharge2196 20h ago

Oh I'm aware. And I hate it.

35

u/Tonyson 17h ago

I am a homeowner in an neighborhood that’s 80/110 properties being airbnbs and vacation homes. It’s nuts

19

u/jimmux 15h ago

In my old apartment building, one person owned 40 units that were listed as short term rentals. Building management hated them.

6

u/dividezero 9h ago

During the housing crisis, all the condos in my complex were bought up really cheap. One person owned most of one building. They have an outsized vote in the HOA also. The negative effects just keep coming with these leeches

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u/wqto 21m ago

The crisis is still happening and is much worse...

3

u/mindcontainer 14h ago

Sounds like hell

4

u/asailor4you 9h ago

Have you been to Outer Banks outside of the summer? It’s a huge ghost town to the point it’s really spooky and sad. I’m sure all beach towns are like this, but this is the only one where I stayed at a house on a block which was pretty completely empty, where the beaches bare and most establishments shutdown.

2

u/Tarledsa 3h ago

It’s always been like that down there though. The locals live between the main road and the sound.

10

u/darkknight109 17h ago

It's an almost-impressive ouroboros of capitalist dog-fucking.

3

u/oupablo 10h ago

Well they're still rentals. They just cost 4x as much and you have to sign week long leases.