I would second this experience. We travel with our five kids and its sometimes impossible to find a hotel that can accommodate us. That said, I did experience a switcheroo in Chicago similar to the article. However that’s where the similarities end. The place was in the same neighborhood, it was comparable to the listing but the only catch was we were told not say Airbnb to anyone in the building but to say guests of xyz. I felt like a criminal but otherwise the place was very nice and the host was super-responsive even though it was clear he was running multiple properties. Another time in Chicago, the bath tub hardware was broken off when we arrived. My side hustle is house flipping so I fixed it for the owner and they were thankful. I would say the part I find most disturbing about what I see on Airbnb is the rise of “420 friendly” and the presence of cameras in every room. One place we stayed at had obvious cameras on the outside but then just as I’m about to go to sleep I look up at the ceiling and there’s another one in the chandelier above the bed. That’s just beyond ok. As for 420, I just have an issue that if I’m going to take my kids someplace that I’d want reasonable assurances that it’s clean but with cities like LA where there’s a huge number of 420 listings, I’d rather just pay for adjoining rooms in a hotel than take the chance. As far as being an investor in Airbnb, I think a lot of ink has been dedicated to how Airbnb is going to upend the hospitality industry. It’s clear at the beginning the hotels had no response, but I do see hotels adjusting their brands and as someone who uses both hotels and Airbnb’s I’m increasingly more likely to just stay in a hotel. The exceptions are when we vacation in groups... we visited Toronto this summer with family and it was absolutely awesome to have a giant house on the beach for about half of what we would have spent on hotel rooms if there even had been a hotel in the beaches neighborhood. I see a place for both styles of accommodation but given that Airbnb is likely more of a class of property among many rather than an upending of the entire industry, I think valuation is going to be a real challenge.