AirBnB's Role In The NEXT Financial Collapse
The rise of Airbnb and the way it has hyper-commoditized housing mirrors indicators that led to the 2008 economic collapse.
Watch the Majority Report live Monday–Friday at 12 p.m. EST on YouTube OR listen via daily podcast at http://www.Majority.FM
https://www.house.gov/representatives/find-your-representative
https://www.senate.gov/senators/senators-contact.htm
#MajorityReport #politics
SUPPORT the show by becoming a member: http://www.jointhemajorityreport.com/
Download TMR's FREE app: http://www.majorityapp.com
TMR MERCH: http://www.shop.majorityreportradio.com
OTHER LINKS:
Twitch: https://www.twitch.tv/themajorityreport
Facebook: http://facebook.com/MajorityReport
Twitter: http://twitter.com/MajorityFM
Instagram: https://www.instagram.com/majorityreport.fm/
Image Credit, Ivan Radic
https://www.flickr.com/photos/26344495@N05/51202457097
https://creativecommons.org/publicdomain/
Image has been cropped and color has been altered.
So fintech is like financial technologies. huge amounts of investment and innovation happening in that space. That is a very interesting thing to kind of talk about financialization. the technological dimension. And then as part of that is a kind of another subset of the technological thrust which is referred to as proptech. property technology. And you know, even something like Zillow I mean when we really think about the role of Zillow is in moving things along that liquidity spectrum. like some of these things are very subtle but profound. right? Like, think of like the ease at which to explore properties around. and also yeah like the liquid dollar figures right there if you're exploring. totally yeah. instantaneous mortgage pre-approval. anyway, so something like Zillow so the proptech. But the most famous prop property technology out there I think is and most disruptive is Airbnb. so alongside Zillow something like Airbnb. I just think just I guess why I'm bringing Zillow up I think it's interesting to think of all of these in a kind of a connected techno milieu that is all playing a role in financialization. but yes absolutely Airbnb has radically changed how many many people relate to the pieces of architecture. the pieces of buildings or buildings that they live in the purchase or not live in. and in this kind of shift to seeing their pieces of architecture more and more as assets and tools to speculate upon. and to derive wealth from. There's no question that Airbnb has really accelerated this. the ability for people to be like okay you know I can't afford this property based on my assets and income right now. but I can easily incorporate into my kind of spreadsheet the ability to rent out this suite for portions of the time when I'm here. and therefore I can show this to the lender and therefore afford something that I couldn't otherwise afford.
-
LIVE
Akademiks
5 hours agoDrake sent Cease and Desist Letter to Kendrick Lamar over SuperBowl?? YSL Trial Erupts. JUDGE SNAPS!
3,687 watching -
2:25:55
Fresh and Fit
4 hours agoCharlie & Miguel Return to Fresh&Fit
34K14 -
1:34:26
Kim Iversen
7 hours agoBioLab On Fire, People Are Underwater and Is Israel Our Greatest Ally or Greatest Threat?
66.6K188 -
8:49
Colion Noir
4 hours agoIs Carbon Fiber The Future of Carry Guns | Kimber R7 Carbon Compact
25.7K25 -
1:14:31
Donald Trump Jr.
13 hours agoOn Every Issue, the Left is Lying, Interviews with Ned Ryun & Dinesh D’Souza | TRIGGERED Ep.178
121K136 -
3:15:49
The Breanna Morello Show
12 hours agoMike Benz in Studio: Hillary Clinton & John Kerry Declare War on First Amendment | The Breanna Morello Show
55.4K19 -
1:54:42
Kimberly Guilfoyle
9 hours agoSave America: President Trump in Erie, PA- Replay September 29
91.3K42 -
59:12
Flyover Conservatives
23 hours agoUN Power Grab… Are They Using Google to Control Dissent and Push Propaganda? - Alex Newman; Economic Update - Dr. Kirk Elliott | FOC Show
41.2K5 -
1:13:55
Abigail Joy
4 hours agoYou're Not Bullish Enough! - Human 1.0 w/ Abigail Joy - September 30 2024 - LIVE STREAM
35.7K2 -
14:35
China Uncensored
5 hours agoI Wasn’t Expecting THIS Would Turn China Against Xi Jinping
35.3K15