Episode 1465 • • 2:02:48 - 2:08:23
1465: Satheist
Melbourne Sleeping Pods, Austin Rental Market, Airbnb Impact
In Melbourne, high-tech "sleeping pods" are being marketed as a solution to the rental squeeze, costing $250 per week. In Austin, Texas, rental prices for luxury apartments have skyrocketed from $2,800 in 2015 to over $4,700 today. The proliferation of short-term rentals like Airbnb is cited as a major factor in the lack of affordable housing for local workers, leading to labor shortages in service industries.