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This Is the True Scale of New York’s Airbnb Apocalypse (www.wired.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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This Is the True Scale of New York’s Airbnb Apocalypse::A law meant to crack down on short-term rentals in New York City took effect Tuesday. Thousands have dropped off the map, but there are still hosts offering bookings that may break the law.

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[–] czarrie@lemm.ee 28 points 1 year ago (1 children)

I would say now that I'm in my thirties that my favorite part has been watching this mad scramble over the past decade of absolutely everything new and innovative becoming these out of control behemoths because investors somewhere decided that an app that rates farts has a market cap of $10 billion.

Now we've come into an era where fart app employs 20k people and they somehow need to make all of the money back that they burned building a global fartforce

[–] surewhynotlem@lemmy.world 5 points 1 year ago (1 children)

I would like to invest in this fart app idea. Do you take Bitcoin?

[–] rigatti@lemmy.world 1 points 1 year ago

Only Shitcoin.