Re:Airbnb asks people to donate money to landlords, backlash...
by dwater on Wednesday July 15, 2020 @11:13AM
(#23846332)
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.
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Re:Airbnb asks people to donate money to landlords, backlash...
by randomsearch on Wednesday July 15, 2020 @11:49AM
(#23846965)
Right, 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.