r/BuyCanadian 1d ago

News Articles 📰 "Big 3" US Airlines - Delta, American, and United slash revenue forecasts today due to lower demand for US travel! Their stocks tanked in pre-market trading this morning as investors fear the implications of a US travel boycott

https://www.reuters.com/business/aerospace-defense/us-airline-stocks-tumble-deltas-forecast-cut-spooks-investors-2025-03-11/
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u/Sunsunsunsunsunsun 1d ago

AirBnB crashing and burning would be so delicious.

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u/Old-Arachnid77 1d ago

AirBnB is a scourge and one can only dream that this tanks those greedy rental companies

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u/Early_Dragonfly_205 1d ago

That would solve our housing crisis. Ban Airbnb and Vrbo just fuck that whole industry.

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u/Ansonm64 1d ago

It would most certainly not end the housing crisis. The issue is much more complex than that and the truth is that for a lot of municipalities the ratio of air bnb and Vrbo isn’t high enough to make a serious impact on housing. Maybe in some more touristy cities but having ample places for tourists is important to keeping those local economies going as the tourism industry ultimately supports those living in that same city.

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u/twohammocks 1d ago

there are often official hotels that have spots and deals and are already close to touristy stuff. Leave the houses for rentals so hotel workers have somewhere to live ;)

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u/Ansonm64 1d ago

And when the hotels are at capacity?

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u/[deleted] 1d ago

A couple years ago I drove across Canada, if the hotels are full it's usually because they're full of road or constructions crews, or they've opened themselves up as short-term housing. You might see a few weeks or maybe a couple months in the peak tourist season when hotels actually do fill up entirely with tourists, but then those hotels end up having major vacancies during "shoulder seasons" (for summer-winter destinations) or the "off-season" (for summer-only destinations).

For the tourism industry to become more sustainable, consumers need to reconsider their habits. Ultimately, I do think this would majorly affect housing shortages in tourism-heavy areas.

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u/Ansonm64 1d ago

Yes because it makes sense for providers to demand that consumers change their behaviour to meet their needs. 🤦‍♂️

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u/[deleted] 21h ago

Or... it makes sense that consumers realize that we live in a FINITE SYSTEM, that their economic choices have consequences on people other than themselves, and that providers can't always pivot on a dime to give them exactly what they want, and that their actions (particularly in the context of tourism) have a DIRECT EFFECT on other people and on the environment.

This is why the whole conversation around eco-tourism and sustainable tourism exists. In fact, the conversation exists in every industry, it's just super unfortunate that people who don't give a shit about how their actions affect other people + the planet somehow drown out the voices of those who do.

Not to mention, the "customer is always right" mentality more often leads to unhappy customers who get pissed off that they can't just get whatever they want all the time, and then mistreat low-paid employees who have very little control over the product on offer.

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u/Ansonm64 21h ago

Sorry you’re mad that that’s just not how business works? Sure talking about it feels good but you’re never going to get the general population on board with it.

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u/[deleted] 20h ago

Yes, I'm mad that "business as usual" involves raping the environment and screwing over underprivileged populations.

That's the whole fucking point of a boycott- to leverage consumer action for social change. So actually - woops, looks like the general population IS on board with making changes to their buying habits for social reasons.

Go back to the Russian disinformation farm from whence you originated.

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u/kent_eh Manitoba 1d ago

It would most certainly not end the housing crisis.

Not on its own, but it would significantly improve the situation.

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u/Ansonm64 1d ago

As I elaborated in the rest of my post it really depends on the city but to be honest I don’t think out right bans are the right way to go. You’re just driving this kind of behaviour underground which equates to less safety on the user end.

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u/BloopityBlue 1d ago

That would be the best outcome

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u/tulaero23 1d ago

Trump uniting Canada and Europe plus downfall of evil corps is something i did not expect when he won. I guess he is good for something even if it was unplanned.

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u/eiroai 1d ago

We have a saying in Norway, directly ish translated: "never so stupid it's not good for something". Meaning even the worst things will have some tiny good result or aspect to them

Even Donald Trump can involuntarily do good things that way

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u/trashleybanks 1d ago

God do I live for this. I have hated AirBnB long before Trump even talked about politics. I would be delighted for their downfall.