VIDEO: Airbnb Is Just a Charity for Struggling Real Estate Moguls, Says New Ad

Posted On Mon, July 6, 2015 By

Posted On Mon, July 6, 2015 By In affordable housing, Policy, Video

The city’s fight against Airbnb continues to rage on, and this latest video created by ShareBetter jabs at the home-sharing company’s gross neglect when it comes to preserving much-needed affordable housing. Satirically dubbed “Save the Moguls,” the 60-second spot likens the multi-billion dollar powerhouse to a charity trying to being relief to the anguish that real estate bigwigs face when it comes to sustaining their extravagant lifestyles. “What would you do if you saw a real estate mogul right in front of you, all alone, clearly suffering?” the video posits. “They need your help to keep the sharing economy alive. By renting out just one of the hundreds of apartments and homes they’ve listed on Airbnb, you can join the fight against affordable housing.”

Recent research shows that more than 58 percent of the site’s listings are illegal. And according to the video, nearly 40 percent of revenue generated by Airbnb goes to moguls and not the average New Yorker it claims to be benefitting (as seen in their ads plastered across NYC). Airbnb has increasingly provided a vehicle for commercial landlords to force out long-time tenants in order to make way for unlawful listings that generate them millions of dollars in revenue.



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