America
5 Things That The Rich Stole From The Poor
1. AirBnb
Airbnb’s had a humble beginning. Had an extra couch, room, or side property that you’d like to rent out for a bit of cash? It put money into the pockets of many struggling folks that had property but didn't have cash.
Then..boom, entrepreneurs got wind of it and began buying multiple properties to build a mini-real estate empire. A tiny shack in the woods became a $500/night “immersive experience.” And rich people fell for it. Mainly because of xenophobia and the feeling that each property was something special you could post Insta stories from for the social cred.
Nowadays, renting an Airbnb is laughable to the average person at pretty much any level. Take a minimum 3-night stay for a shithole in the middle of nowhere for $400/night, add a $100 service fee, a $200 “cleaning fee” (which the owner pockets most of ), also add in the gall of leaving a note to “clean up after yourself.”
This giant aberration had led to an influx of people flocking back to hotels. The prices for hotels got so low, there are no extra fees usually, they have a pool and clean your room. AirBnbs are mostly upheld by rich idiots, and I expect the bubble to pop to some degree very shortly. Whether…
