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It could still be worth it to buy a unit purely for using it as an Airbnb in London and leave it empty 275 days a year. Just market it as a holiday rental on d
by mlthoughts2018 8y ago
It could still be worth it to buy a unit purely for using it as an Airbnb in London and leave it empty 275 days a year.
Just market it as a holiday rental on dates corresponding to big London-based football matches, when people traveling might often pay hugely inflated nightly rates.
Maybe supplement during academic conferences or government events. In the right part of London and for a unit with the right amenities, you probably could still turn a net profit annually just on 90 days, and leaving it empty the rest.
Which would mean it could still negatively affect housing shortage issues and home prices, and still result in poorly behaved tourists nearby for 1/4 of the time.