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Did Airbnb Kill the Mountain Town?

Living the dream has never been easy in the West’s most beloved adventure hamlets, where homes are a fortune and good jobs are few. But the rise of online short-term rentals may be the tipping point that causes idyllic outposts like Crested Butte, Colorado, to lose their middle class altogether—and with it, their soul.

Outside: Did Airbnb Kill the Mountain Town?

 

This is a big problem for major cities like San Francisco also.  It’s having a real impact on the long term rental market, which is already problematic.  This is a good example of how the Internet brings efficiency to markets, but that doesn’t necessarily make things better and often can make things worse.

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You’re not going to believe what I’m about to tell you

“This comic was inspired by this three-part series on the backfire effect from the You Are Not So Smart Podcast. I would also like to thank my wonderful girlfriend Theresea for calling my attention to the backfire effect in the first place.”

http://theoatmeal.com/comics/believe