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Crazy prediction: Airbnb offers financing to leveraged hosts who will decimate the supply side of the marketplace if they lose their property. Like a Stripe lo
by subpixel 7y ago
Crazy prediction: Airbnb offers financing to leveraged hosts who will decimate the supply side of the marketplace if they lose their property.
Like a Stripe loan, but for the house you bought to Airbnb.
When the market comes back all the loans are sold off (collateralized or just packaged up) and Airbnb can service their original debt with the spread.