![]() ![]() ![]() “The reason I tell that story is because we want to make housing more affordable when possible,” he said in the interview. Questioned on this subject, Chesky went back to the origins of the business in 2007, when he and his business partner Joe Gebbia rented their own apartment in San Francisco so that people arriving in the city for the World Congress of Industrial Design could stay at a time when hotels were full. “The increase in housing prices is a product of the demand of a high-level economic group that is interested in living in the ‘gentrified’ sector,” urban architect and professor at the Faculty of Architecture and Design at the Universidad Javeriana, David Burbano, told Bloomberg Línea. Gloomy forecasts could harm shares and bonds in the region, but some analysts see potential for growth, particularly in Mexico Housing costs: the ‘Airbnb effect’Ĭhesky also referred to points that have been raised regarding the alleged effect of Airbnb on the increase of housing prices in emerging markets such as Latin America, where high-income buyers are acquiring homes in strategic areas to invest and generate extra income through these platforms. ![]()
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