3 ms·

It's entirely possible state/local regulators will use the covid-19 moment to really clamp down on AirBnB. Thus erecting severe obstacles to its operations that

It's entirely possible state/local regulators will use the covid-19 moment to really clamp down on AirBnB. Thus erecting severe obstacles to its operations that endure long after Covid-19 has subsided. I'm not sure what kind of term Silver Lake laid down on AirBnB, it's possible that if/when Silver Lake does convert its debt to equity, it may wipe out most of the existing shareholders.

Apocryphon 7y ago
In terms of both political expediency and social good, it might not be a bad idea for them to crack down on Airbnb to increase the available housing supply that could potentially lower rents, in a time when economic insecurity drives voter fears about if they can make rent or not.
Mediterraneo10 7y ago
Poland recently announced that hotels will be allowed to open back up earlier than many other things, because the hospitality industry is such an important part of the economy. At this moment, I wonder if the authorities would be happy if AirBnB rentals started again, because that would get cash right into people’s hands during this time of crisis, and slightly lessen the expectation that the state has to hand out that money.
- pjc50 7y ago
  That seems kind of backwards unless they've got very heavy testing - the last thing you want in a pandemic is travellers!
  - Mediterraneo10 7y ago
    Poland is a big enough country, and so a lot of the traveling is going to be domestic, or from other EU countries with which the borders are opened as the curve flattens in them, too. The authorities know that the weather is getting warmer and some people are going to travel for leisure and they can't really stop that. But also, a town’s accommodation options will be used by business travelers, or by people visiting family who, for whatever reason, cannot stay at those relatives’ homes, and that represents money coming into a local community which might really need it now.

Apocryphon 7y ago

In terms of both political expediency and social good, it might not be a bad idea for them to crack down on Airbnb to increase the available housing supply that could potentially lower rents, in a time when economic insecurity drives voter fears about if they can make rent or not.

Mediterraneo10 7y ago

Poland recently announced that hotels will be allowed to open back up earlier than many other things, because the hospitality industry is such an important part of the economy. At this moment, I wonder if the authorities would be happy if AirBnB rentals started again, because that would get cash right into people’s hands during this time of crisis, and slightly lessen the expectation that the state has to hand out that money.

pjc50 7y ago
That seems kind of backwards unless they've got very heavy testing - the last thing you want in a pandemic is travellers!
- Mediterraneo10 7y ago
  Poland is a big enough country, and so a lot of the traveling is going to be domestic, or from other EU countries with which the borders are opened as the curve flattens in them, too. The authorities know that the weather is getting warmer and some people are going to travel for leisure and they can't really stop that. But also, a town’s accommodation options will be used by business travelers, or by people visiting family who, for whatever reason, cannot stay at those relatives’ homes, and that represents money coming into a local community which might really need it now.