a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment by goobster
goobster  ·  1672 days ago  ·  link  ·    ·  parent  ·  post: ‘A Bargain With the Devil’—Bill Comes Due for Overextended Airbnb Hosts

I suspect this will end somewhere around 70% of the AirBnB rentals listed.

And those properties will suddenly come up for sale. In prime locations. At fire-sale prices.

If I was someone with $2m waiting to be spent, I'd get it out in cash today, and go on a real estate buying spree in about a month...





kleinbl00  ·  1672 days ago  ·  link  ·  

I think "a month" is a great place to catch the highs. Right now there's rumors of pain. Blood in the streets is months away.