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Simulacra on Oct 3, 2023 | parent | context | favorite | on: Airbnb CEO: NYC hotels will get more expensive aft...

If not then why is the city and hotel industry fighting so hard to shut them down? Airbnb was competition.

gumby on Oct 3, 2023 [–]

I believe the real pressure is coming from city residents who don't like having an ABNB nearby or object to the reduction of rentable apartments, while the hotels are just piling in on the scrum.

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