The Airbnb Revolution
Explore the fascinating world of Airbnb and its impact on the hotel industry. Russ and Michael discuss the lack of regulation and the alternative regulatory regime created by user reviews. Discover how Airbnb utilizes excess capacity and provides affordable options in expensive cities like New York and Boston. Despite potential issues, the improved use of resources outweighs the drawbacks, making Airbnb an amazing innovation.In this clip
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