I’m sure you’re all familiar with the state of the current housing market. Home prices and rent are higher than ever and it seems like they’ll never come down despite high interest rates and increasing unemployment. One of the driving factors of this trend is none other than Airbnb which is quite ironic given that Airbnb was founded for the exact opposite reason. Airbnb was designed to help hosts earn a bit of side income and help guests get cheap local accommodations. But over time, Airbnb has turned into a luxury property rental platform and economics have fallen down the list of priorities for hosts and guests. This has also largely skewed home prices and rent prices. This video tells the story of Airbnb and how the company inadvertently screwed over the housing market and ended up doing better than ever.

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Timestamps:
0:00 - The State Of Airbnb
2:11 - Humble Intentions
6:07 - A Capitalistic Evolution
10:21 - No Solution In Sight

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Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
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