Imagine that: if you ignore all the government regulations that are put in place to protect people, you can provide a cheaper service.
I am shocked, shocked I tell you.
I am shocked, shocked I tell you.
Just because they didn't invent something doesn't mean they aren't also abusing the system.
almost every one of these regulations exist because somebody/company screwed up. yes, there are abuses like regulatory capture, but generally somebody messed up.
need further convincing? look into the history of housing over the past 1000 years, London fires and Cholera epidemics from public wells come to mind.
I gave examples of regulations that protect people. Existing houses are safe enough to AirBnB or live in because of regulations.
Eg the regulations limiting the amount of doctors has harmed millions.