3 ms·

I can't speak for every city, but where I live, a lot of Airbnber's are hurting for the sudden drop in revenue. Hotels might get bailouts or credits from the go

by colmvp 7y ago

I can't speak for every city, but where I live, a lot of Airbnber's are hurting for the sudden drop in revenue. Hotels might get bailouts or credits from the government but short term rental companies will get nothing and be hard pressed to find the resources to continue paying their mortgages. We're already seeing condos that were rented out as Airbnb's pop up on the real estate market.

gamblor956 7y ago
That is a good thing. Those condos should never have been converted to unregistered hotel rooms, and I'm sure the other people living in those developments will be glad that the parade of strangers will no longer be invading their buildings.