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Lies of the “sharing economy” start to collapse

January 21, 2016
tags: , ,

by Tim Redmond : 48hills – excerpt

The “sharing-economy” companies like Lyft, Uber, and Airbnb have managed to avoid the regulations that govern taxis and hotels largely by insisting that they are in a different business, that they are purely technology firms that just connect individuals.

But some recent news reports, mostly in the business press, suggest that, as Steve Hill points out in Salon, this Big Lie is falling apart…

Airbnb insists it’s not a hotel company, so it shouldn’t be regulated or taxed like a hotel company. But the Wall Street Journal reported in December that the company was in talks with some of the largest residential landlords in the nation to see if they can work out a deal where big apartment complexes start to become …. hotels…

So this idea that somehow the app-based hospitality and lodging sector should be treated differently from the hotel and taxi sector is becoming increasingly silly… (more)

 

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