True Pundit

Business Politics

How Airbnb’s Liberal Leadership Is Trashing The Free Market

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Airbnb has become a billion-dollar business because it has done what all smart capitalists do: It saw a need in the market and figured out a way to fill it. Over the last few years, it has developed a service that people love, particularly millennials, and found a way to sidestep the exorbitant taxation placed on conventional hotels.

In 2014, Inc. magazine named Airbnb “Company of the Year,” calling the home-sharing empire “disruptive, brazen, and overall brilliant.” Its popularity and many accolades have catapulted Airbnb into becoming the biggest lodging provider on Earth, and the money keeps pouring in. – READ MORE

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