The article critiques Joe Gebbia's involvement in dismantling federal structures amidst a backdrop of Airbnb's controversial beginnings in San Francisco. Initially, every listing was illegal, significantly harming tenants who lost homes. Mayor Ed Lee's administration turned a blind eye, demonstrating a pattern of tech companies circumventing local laws. Although some regulations were introduced, they fell short of addressing the major issues caused by Airbnb, including unpaid hotel taxes and tenant displacement. Key political figures supported Airbnb, hindering efforts to hold the company accountable, thereby setting a concerning precedent for future tech startups.
Airbnb's business model was illegal in San Francisco for years, leading to significant tenant displacement while the local government failed to enforce laws.
Despite modest regulations eventually being introduced, Airbnb managed to avoid accountability for its violations, impacting low-income renters severely.
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