Anywhere you could build a hotel you could also build more housing, so they pose the same issue. There is necessarily some tension between using space for permanent housing and using it for tourism / short term stays. Tourism often keeps a city's economy healthy, and having short term stays is important for those visiting even for non-tourism reasons (e.g. in town to visit family, for work, etc).
The housing issue is more complex than just Airbnb / short-term housing as well: is there enough housing investment? what is the effect of international or corporate investment? are local regulations supporting or sabotaging the effort to build more housing? is there a large speculation market?
Counterproductive, and makes Garry Tan look like a real asshole. Now people will have sympathy for the Supervisors whereas a thoughtful criticism could have put real problems with their leadership on display.
You’re paying them to rank and collect information from things on the web for you. People can’t subscribe to everything and it’s nice as a user of a search engine to know if it’s a requirement.
No, to clarify the salary is being paid but the stock liquidity program ended. However, single trigger RSUs mean tax may still be owed on those RSUs at the market value when they were issued.
So some people owe tax on eg $100k in extra “income” for shares they can’t sell anymore.
In addition to not getting paid, the employees are left with a tax burden for the RSUs they are now unable to sell since the cancellation happened abruptly in the window between vesting and the liquidity event.
The housing issue is more complex than just Airbnb / short-term housing as well: is there enough housing investment? what is the effect of international or corporate investment? are local regulations supporting or sabotaging the effort to build more housing? is there a large speculation market?