I think this is spot on. Every time I've been to Europe to stay in an Airbnb in the last 4 or 5 years, it's been a professional operation. Same with most of the properties in the states. These weren't people leaving their house for a weekend and trying to get some extra income. These were people who invested in real estate to get into the side-channel of psuedo-hotel business. They obviously have mortgages, likely not under the same rules of own-occupied that might potentially give them protections....

As far as AirBnb trying to get the customer base back, once the economy starts to open, even their new policies for having hosts have 24 hours between guests and rules for how to clean. How is AirBnb going to enforce that? Not to mention, their refund policy basically sucks right now, so I don't see me or my friends jumping back into using AirBnbs once travel does pick up, no way I'm committing to a vacation when we my have more surges coming, etc... I'll choose a hotel who I can cancel and not have to pay.