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My thoughts too. But why does Airbnb care? Presumably the landlords will just come back or be replaced, and it’s not like they have shown concern for ethics in
by randomsearch 6y ago
My thoughts too. But why does Airbnb care? Presumably the landlords will just come back or be replaced, and it’s not like they have shown concern for ethics in a long time.
- spuz 6y agoYeah exactly. Either they have been incredibly naive by thinking this would be seen as a purely positive gesture, or there is some business angle that we're not seeing.
- dunham 6y ago> But why does Airbnb care? Maybe they’re taking a cut and their other revenue streams have dried up?
- ducster696 6y agoMy only thought would be if they collapse it could potentially be actual homeowners that would purchase the house instead of investors ending with less airbnb properties.
- dwater 6y agoAirBNB are hoping for quick reopening and a "V-shaped recovery". They want things to get back to normal as quickly as possible, because the longer the current situation drags on for, the more their business and billions of invested money is at risk. They won't be able to do a quick reopening if 1/4 or 1/2 of the properties they list are being foreclosed on. That process can take multiple years for a property to be occupied again.
- randomsearch 6y agoRight, so the bit I was missing here is that you're saying the properties won't be quickly re-listed or replaced by other landlords. Thanks.