Post by Lord Emsworth on Apr 22, 2020 12:20:25 GMT
Is this the end of Airbnb?
...in many markets, including the entire of the United States, the number of “professional” hosts seemingly outnumbers those listing on Airbnb to earn a bit of extra cash from their cosy spare room. According GlobalData, an analytics firm, Airbnb could lose a “significant portion” of its host community as a result of the pandemic. These “professional” hosts, the scourge of local residents and housing officials, could soon be flushed out of Airbnb in their thousands.
Got to say I have little sympathy for Airbnb or those professional landlords who have used the site for a fast buck
I stayed at an Airbnb in Leeds recently
It was a sparsely decorated flat in the centre of Leeds
Nice enough but no one lived there so presumably it had been bought as an investment thereby driving up property prices and denying locals a place to buy
...in many markets, including the entire of the United States, the number of “professional” hosts seemingly outnumbers those listing on Airbnb to earn a bit of extra cash from their cosy spare room. According GlobalData, an analytics firm, Airbnb could lose a “significant portion” of its host community as a result of the pandemic. These “professional” hosts, the scourge of local residents and housing officials, could soon be flushed out of Airbnb in their thousands.
Got to say I have little sympathy for Airbnb or those professional landlords who have used the site for a fast buck
I stayed at an Airbnb in Leeds recently
It was a sparsely decorated flat in the centre of Leeds
Nice enough but no one lived there so presumably it had been bought as an investment thereby driving up property prices and denying locals a place to buy
