Airbnb Reinvents Feudalism
Airbnb has launched a new long-term listing service intended to make it easier for would-be-renters to find apartments where they’re allowed to sublet short-term. The site, similar to Zillow or StreetEasy, currently shows listings for about 175 buildings in more than 25 U.S. locations.Airbnb doesn’t own these apartments or buildings, instead they’re owned by management companies who’ve opted to partner with Airbnb. These partners include Equity Residential and Greystar Real Estate Partners LLC, and 10 other companies,…