For as much success as Airbnb has had, the home sharing startup has also faced its fair share of obstacles. And those obstacles are not going away anytime soon.
Now, city officials in Paris are blaming the company for declining populations in some of the city’s neighborhoods. One official even called it “a catastrophe.”
And they might have a point. Since Paris is one of the top destinations for Airbnb, many residents have taken to renting out their homes or apartments for most of the year and then purchasing other residences elsewhere.
Airbnb likely isn’t the only factor responsible for the drop in population. But even the perception could lead to more regulations for the company and its users. For example, the city could increase taxes on second homes in the city, which would make it more costly for people who want to rent those spaces using Airbnb or a similar service.
Airbnb's Paris Problem Shows a Common Issue for Disruptive Startups (Watch)
Posted by lyceum under NewsFrom https://smallbiztrends.com 2685 days ago
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