Post by High Priestess on Apr 23, 2020 9:33:37 GMT
This is an interesting take on the potential future changes in Airbnb
www.wired.co.uk/article/airbnb-coronavirus-losses
I for one would be glad to see the big "investor contingent" axed out of Airbnb. I have never felt comfortable with these mega-hosts, running dozens or hundreds of listings, generally not in homes but in apartment buildings, generally engaged in rental arbitrage, and what I've seen as their exploitation of the short term rental market.
www.wired.co.uk/article/airbnb-coronavirus-losses
If analyst predictions of scores of hosts going bankrupt or abandoning Airbnb altogether are on the right track, then the bloodbath could have a positive outcome: an Airbnb that is more about spare rooms and real homes and less about high-yield investment opportunities.
Call it a much-needed enema, call it the removal of a burdensome weight, but the coronavirus pandemic might just force the creation of a trimmer, better Airbnb.
Call it a much-needed enema, call it the removal of a burdensome weight, but the coronavirus pandemic might just force the creation of a trimmer, better Airbnb.
I for one would be glad to see the big "investor contingent" axed out of Airbnb. I have never felt comfortable with these mega-hosts, running dozens or hundreds of listings, generally not in homes but in apartment buildings, generally engaged in rental arbitrage, and what I've seen as their exploitation of the short term rental market.