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San Francisco’s War on Airbnb Is a War on the Free Market

San Francisco’s War on Airbnb Is a War on the Free Market
Signs showing support for Proposition F are posted on a shop window in San Francisco, Calif. in this file photo. Proposition F, known to some as the Airbnb initiative, restricts short term rentals in the city JOSH EDELSON/AFP/Getty Images
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The most ingenious arbiter of resource allocation is under attack around the globe: market pricing. In the cross hairs stands the peer-to-peer economy, which circumvents price controls, favoritism, and central planning.
The intermediary platforms—Airbnb, Uber, Kickstarter, Turo, etc.—have enabled a flowering of mutually beneficial exchange. The beauty of these decentralized networks is surpassed only by the economic value they bring to users.
Fergus Hodgson
Fergus Hodgson
Author
Fergus Hodgson is the director of “ Econ Americas”, a financial consultancy, and publisher of the “ Impunity Observer” , a geopolitical intelligence service. He is the author of “ Financial Sovereignty for Canadians: Untether Yourself from the Ottawa Leviathan (2024).”
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