Home sharing businesses such as Airbnb and VRBO allow home/apartment owners to rent space to travelers by listing their properties on these websites. All else equal, is a winner-take-all outcome more or less likely in the home sharing market or ride sharing market (e.g. Uber, Lyft)? Explain.
This depends on the situation.
As the India is a developing economy, more people wants to take a accomodation , either on rent or buy. Secondly, the govt. is also taking measures so that all people may have home and live under roofs.
While on the other hand, commuting is the basis of living. It is not possible to carry out something without commuting and ride sharing. Due to uber, lift and many other sites many people are able to commute easily.
As per my opinion, it is good for ride sharing market. The reason is that if a winner is able to be in a ride sharing target at the mid size city because these are those cities in which it is difficult to commute in these type of cities.
Home sharing businesses such as Airbnb and VRBO allow home/apartment owners to rent space to travelers...
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