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 Post subject: Re: Gig/Sharing economy/Airbnb effect
PostPosted: Sun Sep 24, 2017 12:10 am 
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Quote:
More than 500,000 people sign Uber petition to overturn London ban

Half a million people have signed an online petition in under 24 hours backing Uber's bid to stay on the roads of London, showing the company is turning to its tried-and-tested tactic of asking customers for help when it locks horns with regulators.

London's transport authorities stunned the powerful US start-up on Friday when they deemed Uber unfit to run a taxi service for safety reasons and stripped it of its licence from September 30, although it can operate while it appeals.


http://www.smh.com.au/business/more-tha ... ynjha.html


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 Post subject: Re: Gig/Sharing economy/Airbnb effect
PostPosted: Thu Oct 26, 2017 12:50 pm 
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https://www.irishtimes.com/business/tra ... -1.3269799


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 Post subject: Re: Gig/Sharing economy/Airbnb effect
PostPosted: Tue Nov 07, 2017 11:12 pm 
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New Zealand:

Quote:
Queenstown Council to vote on Airbnb cuts

http://www.radionz.co.nz/news/national/ ... irbnb-cuts

Quote:
there are a lot of people in our area, who have just built new houses, who absolutely rely on Airbnb income to prop up their mortgage payments, because of the cost of building and the size of mortgages.”

https://www.newsroom.co.nz/2017/11/05/5 ... queenstown

South Australia
Quote:
Accommodation giant Airbnb warns political parties against tinkering with the sharing economy rules
THE number of Airbnb operators in SA has grown by 46 per cent, to 45,000

http://www.adelaidenow.com.au/news/sout ... a28d2c1178

Big numbers for a place with a small population, interesting comment:

Quote:
As they don't pay tax and all their profit goes to Ireland, make it as hard as you can for them to operate here.


found these
https://www.forbes.com/sites/timworstal ... 7cefa642a5
http://www.smh.com.au/business/airbnb-b ... 08wbe.html


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 Post subject: Re: Gig/Sharing economy/Airbnb effect
PostPosted: Wed Nov 08, 2017 1:15 am 
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I have no problem with Airbnb if used to rent a room you have spare. The problem is that Airbnb has displaced huge numbers of low/irregular income renters in central parts of most EU Cities now....a landlord makes more money from renting Airbnb for 4 months in summer than they would to an ordinary tenant all year round. In Galway you have a lot of 8 month contracts (October to May) and then you are out for the summer, perhaps this is the new normal all around.

Dublin has gone completely nuts now, only a good crash will solve anything soon.....perhaps shortly after Brexit.

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 Post subject: Re: Gig/Sharing economy/Airbnb effect
PostPosted: Wed Nov 08, 2017 7:47 pm 
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Posts: 193
Neither do I but there's also a significant number of tenants renting the spare room on airbnb.
Their rent can't be increased. They can't be evicted. They are profiting on the rent and only sharing when they want to rather than with a full time room mate.


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 Post subject: Re: Gig/Sharing economy/Airbnb effect
PostPosted: Wed Nov 08, 2017 8:18 pm 
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Posts: 854
Location: North Dublin
Bleary wrote:
Neither do I but there's also a significant number of tenants renting the spare room on airbnb.
Their rent can't be increased. They can't be evicted. They are profiting on the rent and only sharing when they want to rather than with a full time room mate.


Don’t think anyone has a problem with that, given that’s what Airbnb was originally about. Rent out a spare room, or the air bed in the living room, or by all means the whole place for a few days here and there and get some money in.

But not the whole place always and exclusively.


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 Post subject: Re: Gig/Sharing economy/Airbnb effect
PostPosted: Wed Dec 20, 2017 10:28 am 
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Appently it walks like a duck...
https://www.rte.ie/news/2017/1220/928628-uber/
Quote:
Uber is a taxi company - European Court of Justice

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 Post subject: Re: Gig/Sharing economy/Airbnb effect
PostPosted: Wed Dec 20, 2017 11:20 am 
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yoganmahew wrote:
Appently it walks like a duck...
https://www.rte.ie/news/2017/1220/928628-uber/
Quote:
Uber is a taxi company - European Court of Justice



But does it make any difference ?
If I set up TPP Taxi Company, the drivers still have to comply with Irish law.
Am I wrong in thinking the issue with Uber is the driver, not the company ?


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 Post subject: Re: Gig/Sharing economy/Airbnb effect
PostPosted: Wed Dec 20, 2017 7:49 pm 
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mr_anderson wrote:
yoganmahew wrote:
Appently it walks like a duck...
https://www.rte.ie/news/2017/1220/928628-uber/
Quote:
Uber is a taxi company - European Court of Justice


But does it make any difference ?
If I set up TPP Taxi Company, the drivers still have to comply with Irish law.
Am I wrong in thinking the issue with Uber is the driver, not the company ?


Don't mess with Spanish Taxi drivers. No joke.

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 Post subject: Re: Gig/Sharing economy/Airbnb effect
PostPosted: Wed Dec 20, 2017 8:57 pm 
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mr_anderson wrote:
yoganmahew wrote:
Appently it walks like a duck...
https://www.rte.ie/news/2017/1220/928628-uber/
Quote:
Uber is a taxi company - European Court of Justice



But does it make any difference ?
If I set up TPP Taxi Company, the drivers still have to comply with Irish law.
Am I wrong in thinking the issue with Uber is the driver, not the company ?

Uber has to comply with Irish employment law too, though. If the drivers are employees, then they get certain rights, Uber can't just call them self-employed and wash its hands of them. If Uber is a taxi company (step 1), then the drivers are taxi drivers and so employed by Uber (step 2).

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 Post subject: Re: Gig/Sharing economy/Airbnb effect
PostPosted: Wed Dec 27, 2017 7:06 am 
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I think this is just further highlights part of the attraction of the message of many of those who support Brexit or Trump (as the most obvious examples within the Anglo-sphere).

The globalised economy to include the free-movement of everything across borders benefits some, generally those in positions of economic influence (in the case of Airbnb, landlords etc) and damages those with less economic influence ie renters. Mass movements of both tourists who will rent entire properties on a short-term basis and migrants who are willing to sleep 6 or 8 to a room are quite clearly a more lucrative option for a landlord than a young civil servant or Engineering graduate whose entry-level salaries don't extend too far.

Such issues are very real concerns for many people but when aired publicly tend to be discarded by the same exploitative vested interests as the ramblings of racists or loonies. However, while some hear claims to close borders as metaphor for a form of xenophobia or racism, others simply hear a call for a return to a time when having a home or even a secure job wasn't beyond the reach of ordinary people.

There will come a point when all this will come to a head either through public unrest or the rise of some form of new politics. Its already happening elsewhere. As noted on this site over the years with regard to numerous other topics, Ireland is not different.

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 Post subject: Re: Gig/Sharing economy/Airbnb effect
PostPosted: Wed Feb 21, 2018 10:50 pm 
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Location: Hollywood
Quote:
Uber-style contract work is a bigger threat to future jobs in the $80 billion transport industry than automation, a new report has warned.

http://www.smh.com.au/business/workplac ... 4z138.html


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 Post subject: Re: Gig/Sharing economy/Airbnb effect
PostPosted: Wed Feb 28, 2018 3:04 am 
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Quote:
We examine whether the increasing presence of Airbnb raises asking rents and whether the change in rents may be driven by a decline in the supply of housing offered for rent. We show that a one standard deviation increase in Airbnb listings is associated with an increase in asking rents of 0.4%.

https://www.sciencedirect.com/science/a ... 7717300876
https://ideas.repec.org/a/eee/jhouse/v3 ... 14-24.html


beware car sharing and all other sharing 'innovations'. It isn't really 'sharing' when you don't share ownership is it? Its all well and good when the means of production and income generation keep getting concentrated.

Quote:
In New York, the normal vacancy rate for rental apartments is 3.4 to 3.6% of the total. But they identified 8,058 units in downtown New York neighbourhoods as being placed on Airbnb for intense commercial use. (There are 3.1 million total housing units in New York City.) Even a small number of apartments can alter the vacancy rate in a desirable neighbourhood, MFY concluded:


If the 8,058 units defined as Impact Listings were made available on the rental market, the number of vacant rental units citywide would increase by 10 per cent and the vacancy rate would rise to 4.0 per cent, holding all else constant. However, this finding is even more salient at the macroneighborhood level. For example, if the 687 Impact Listings identified in the West Village/Greenwich Village/SoHo were made available on the rental market, the vacancy rate for these neighbourhoods would increase from 2.9 per cent to 5.0 per cent.


Quote:
Dutch bank ING estimated that house prices in Amsterdam may have increased by 2-4% because buyers in the centre of town are able to rent their homes for an average of €650 per month (£580 or $713), and thus use the money to get larger mortgages. Airbnb income could increase mortgage size by 10,000 euros, ING says.

https://www.businessinsider.com.au/stat ... ?r=UK&IR=T


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 Post subject: Re: Gig/'Sharing'/Rentier economy/Airbnb effect
PostPosted: Wed Feb 28, 2018 3:08 am 
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Time to stop calling it the 'sharing' economy


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 Post subject: Re: Gig/'Sharing'/Rentier economy/Airbnb effect
PostPosted: Wed Feb 28, 2018 3:19 am 
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Quote:
Uber would pay 270 Pakistani rupees an hour, about £2.10, as compensation. Car rental companies and dealerships were quick to respond. They identified blind spots on Uber’s map and placed all their available cars there so they could earn money while parked up. Others, enticed by good demand, rented cars and hired drivers to pick up passengers. Fleet ownership is endorsed by Uber but fleet driver compensation appears to be left to the discretion of the car’s owner.

This represented a shift from the standard model of the service that customers are used to in the west, where the owner of the car and the driver are the same person. This is so in markets with relatively high rates of car ownership where financing is easily available from banks or from Uber itself. In other markets fleet owners tend to charge drivers a monthly rental but let them retain, at least most of, their earnings. In Pakistan, a large number of the drivers were employees of the owner, and not owners themselves, working for fixed salaries rather than a percentage of earnings. This appeared to be the cause of a distorted incentive system.



Quote:
Airbnb data for New York indicates the much of the company’s revenue comes from people with multiple listings. This weakens the notion that there is a culture of “sharing” rather than one of rentierism which drives such business. At the core of this is the price of property, which limits ownership. Uber seems to be following the same trend in Pakistan where diminutive purchasing power makes car ownership an elusive dream for most.


https://theconversation.com/uber-in-pak ... nomy-67359


When/if self driving electric cars become the norm if they aren't on par in terms of cost of ownership and getting your lift via an app then we are into rentier distortion territory that the average joe just doesn't come out best from.


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