The displacement of renters by large-scale operators who turn apartment buildings into de facto hotels has hit urban areas like Greater Los Angeles hard.
This week Capital & Main launches an ongoing project focusing on the broken economics of what is, according to one recent MIT analysis, America’s most expensive state.
Co-published by The American Prospect
Uber? That’s so 2015. A new report finds that we don’t know as much about the sharing economy as we think we do.
Co-published by Fast Company
It’s not easy being nobody, especially when you used to be somebody. But times are tough; jobs are scarce. When you’re falling straight down the financial cliff face, you reach out to grab hold of anything available to stop your descent and there, just before you land in a homeless shelter or move in with your sister, is Uber.
Juan and Manuel Salvador Orozco Cadena, a pair of fishermen from Baja California, Mexico, pushed off from Punta Lobos on the morning of November 4, 2015. Earlier, the Orozcos had repaired the transmission of their outboard motor, but then it broke down again. As night closed in, the brothers floated helplessly in their open panga […]
Twenty-six-year-old Takele Gobena is part of the “on-demand” economy, working full-time as a driver for Uber and part time for Lyft. The Ethiopian immigrant quit his job at the Seattle-Tacoma International Airport and purchased a new car to drive for the ride-hailing firms, believing it would make him a better provider for his one-year-old […]
It was 2008 and presidential hopeful Barack Obama was inspiring millions of people with his promise to disrupt politics as usual – and a new startup called Airbnb was turning that enthusiasm for change into millions of dollars. Denver, the site of that year’s Democratic National Convention, was expecting 80,000 people to come watch the […]
Like a charismatic politician whose flaws have yet to be exposed, the so-called sharing economy enjoyed a meteoric rise to fame and success. Uber, Lyft, Airbnb — these companies emerged seemingly from nowhere to become economic and cultural powerhouses, and to challenge the prevailing structure of their respective industries. But 2015 has not been as […]
For some people, renting a house or apartment in San Francisco is easy. If your gross pay adds up to $200,000 a year, for example, you might feel fine about sinking a third of this year’s salary into a bright, one-bedroom South Beach loft, or a two-bedroom loft with a view in the Castro District […]
Pity the poor, beleaguered Malibu homeowner. Median income over $135,000 is about two-and-a-half times the County average, and the average home’s value is so far past the County average that the Census Department literally doesn’t count that high. Good for them. But they’re also the NIMBY champs, they don’t like sharing funding with poor schools, […]
There has been no shortage of ink spilled on the so-called “sharing economy”. To cut through the rhetoric, LAANE’s Jon Zerolnick spoke with Tom Slee, an Ontario-based writer whose work on the intersection of technology, politics, and economics has appeared in The Literary Review of Canada, The New Inquiry, The Guardian, and Jacobin. Let’s start with […]