5,377 karma · joined March 10, 2013
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When did we become so pessimistic?
The high price of housing in San Francisco is caused by one (and only one) thing: NIMBYism.
If supply is constrained and new high-rise developments are held back, there will always be higher prices and a distorted market.
In reality, Airbnb doesn't have any measurable effect on the price of housing. (Still, it may help alleviate the situation slightly for some people living in the city.)
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The performance advancements on the hardware side of the platform are almost entirely consumed by the ever-increasing complexity of the most popular app on the software side.
Otherwise, your competition will out-market and out-sell you every month simply by spending more money.
http://www.bp.ntu.edu.tw/wp-content/uploads/2011/12/06-Alexa...
http://www.nytimes.com/2011/11/13/opinion/sunday/the-entrepr...