this post was submitted on 12 May 2024
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[–] cyd@lemmy.world 69 points 6 months ago (16 children)

US policymakers screwed themselves with crappy urban planning, leading to insufficient housing supply and bad transit options. Blaming AirBnB for high housing prices is like setting up a chain of dominos, and criticizing a guy who comes by and knocks it over. If it wasn't him, it would have been someone else, or the wind.

[–] bobs_monkey@lemm.ee 85 points 6 months ago (12 children)

This is happening worldwide. It has very little to do with urban planning and more with lax homeownership restrictions that allows the wealthy and corporations to scoop up housing supply for profit.

[–] cybersin@lemm.ee 7 points 6 months ago

It's both.

An example of bad urban planning is low density urban sprawl, which requires lots of resources for few housing units.

Less housing, price go up. High build cost, price go up.

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