ST Alpha - "like it's almost a rational economic action to get into short-term rentals, but it just screams unsustainable bubble." (Reading a Post)

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In response to "...PHOENIX. Where the number of short-term rentals (18k) is more than DOUBLE the number of for sale listings (8k)." by prayformojo 🐵

like it's almost a rational economic action to get into short-term rentals, but it just screams unsustainable bubble.

Posted by mafic Jun 27 '23, 18:10

I guess pick your exit point?

Responses:

it's also characteristic of most Tech 2.0 ventures that are collapsing now that the jig is up - hollywood big shot Jun 27, 18:15 7
- I do think that it's interesting that airbnb's latest pivot is back to its roots: rooms in people's homes. -- nm - mandy on home machine Jun 27, 18:44 5
  - effin lodgers -- nm - hollywood big shot Jun 27, 19:53
  - last time I looked at air bnbs (pre-pandemic) I found a whole subculture of people who exclusively do this. -- nm - mafic Jun 27, 18:52
  - I assume the original market was people looking for quaint/intimate and authenticity and wanting to avoid commercial and touristy venues - Max Jun 27, 18:52 2
    - this is all kate winslet's fault. -- nm - mandy on home machine Jun 27, 19:04 1
      - Which, really, means it's all Rufus Sewell's fault. - Max Jun 27, 19:14
- yep. jack the prices was always on the cards. can't lose money blitzscaling forever. -- nm - mafic Jun 27, 18:17

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