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Comment by amiga_500 | Hacker News Reader

> He's bleeding money now

Maybe he should work instead of leeching off his community.

Eh, I'm a bit of a centrist with respect to AirBnb. It should be taxed, but there are advantages. This guy bought right when AirBnb was first starting and long before any of the displacement concerns that started ravaging cities. It's fair to complain about the impact that AirBnb can have, but it's also a bit rich to call these mom and pop owners leachers.

Working hard for getting a mortgage paid off when most people can't even afford one home, is he?

Who creates the value that makes people choose his location?

The level of salt in this comment is off the charts. Yes, somebody is able to get a mortgage and make money off their investment. Just because you are unable to do so doesn’t have anything to do with that.

They are the same as people buying up hand disinfect to sell at a profit

Sad to see your delusions prevent you from having an honest discussion.

Airbnb is pretty great for the community, you usually get people who go out and spend in the city, instead of staying at home every night to cook.

I made the opposite experience. Yes, some bars and restaurants profit. But the there's much more to an economy than food. And other services are rarely used.

Why so hostile? The community is not who is using this guy’s Airbnb units.

He is also running a hotel with outsourced bookings and not following any of the required consumer safety laws a hotel has to follow.

But its mom and pop! Mom! Pop!

I see you.

Toronto is starved for affordable rentals in no small part because of the number of owners who are using their properties as short-term rentals.

I've lived in my building for a decade and the police have only been called twice. In both instances it was because of an Airbnb party gone wrong.

That is precisely the problem.

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