Airbnb | Short-term Rental: Economic Boost or Community Disaster?

#airbnb #airbnb_business #capetown #economy #southafrica #housingcrisis #communityvalues #strongcommunity #shorttermrentals

Airbnb has revolutionized travel, offering affordable stays and extra income for homeowners. But beneath the surface, it’s fueling a housing crisis, displacing communities, and even contributing to crime. In cities like Cape Town, entire neighborhoods are being hollowed out, with skyrocketing prices making it impossible for locals to buy or rent. Is Airbnb a brilliant economic tool, or is it tearing apart the fabric of our cities?