Airbnb’s Sublet Service Would Be A Welcome Addition To The Housing Market

[Originally published by Forbes]

 

Airbnb—an online platform better known for connecting travelers with vacated homes over short stays—is considering an expansion into the temporary sublet market. Although the company has provided subletting services since 2011, it recently hired McKinsey & Co. to research the market more, hoping to grow and compete with Craigslist’s “sublets/temporary” section. The company thus seems to recognize its evolving role, from a vacation service into an option for long-term apartment seekers, and the millions of freelancers and employees who temporarily locate in U.S. cities for work. I would know about this roving, Airbnb-using workforce, because I am a part of it…[read the rest at Forbes]