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AirBNB 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 s
by dwater 6y ago
AirBNB 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.