Airbnb stock has received bullish support from Jim Cramer, but potential long-term investors should be cautious. The company is experiencing public backlash due to the way it influences housing prices, as many investors purchase single-family homes for short-term rentals. This has led to protests in various cities and new regulations aimed at limiting short-term rentals. With growing dissatisfaction among communities and lawmakers, there are concerns that Airbnb's future could be jeopardized by these increasing restrictions.
Airbnb has faced a lot of heat for increasing housing prices as investors gobble up single-family housing, creating significant public pressure against the company.
Cramer was bullish on Airbnb, but despite recent growth, the company may be in trouble due to public backlash and regulatory challenges affecting its future.
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