The sharing economy was supposed to benefit residents. Instead, our investigation shows it’s accelerating gentrification, making neighborhoods richer and whiter.
NEW ORLEANS ― Invariably, someone brings up the anatomically-shaped balloons. About a year ago, a bachelorette party from Texas rented a house through Airbnb on Ursulines Avenue in Treme, a residential neighborhood close to the bars and restaurants of the French Quarter. The women tied inflatables shaped like penises to the front of the house, perhaps not realizing that the neighbors ― families and other longtime residents ― might mind….