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> People are leaving that neighborhood and an increase of Airbnbs indicate that those leaving are folks that do not need to sell an apartment to go to another o
by dahfizz 5y ago
> People are leaving that neighborhood and an increase of Airbnbs indicate that those leaving are folks that do not need to sell an apartment to go to another one - that is, concentrated capital is leaving the neighborhood.
Source? I know a few people who own AirBnBs and they all decided to buy new properties to rent out. I don't see a reason to expect most AirBnBs used to be residences that the owners fled.