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Is Airbnb growing a social conscience?

Graham Watson

9th February 2020

This article looks at the impact of Airbnb on local communities, noting that it has the capacity to drive up rents and generate negative externalities which affect permanent residents.

Airbnb are trying - superficially at least - to tackle this by having a stakeholder day and giving $100 million to local initiatives. But does this go far enough and is it evidence of the firm having a social conscience?

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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