Re:Is the Airbnb Dream Dead?
by fragmede on Thursday August 10, 2023 @02:20PM
(#37079794)
If it's finally only hitting the wall now, that seems like there's been several years of a good run. The dream doesn't have to last forever for it to have been real. It's like that saying, the stock market has predicted nine out of the last five recessions. There's been real money being made for people for years now. That may eventually dry up, but in the meanwhile, that's where it is.
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The stock market has predicted recessions? What do you mean by this?
Re:Is the Airbnb Dream Dead?
by neogodless on Thursday August 10, 2023 @03:18PM
(#37080526)
Read carefully:
> has predicted nine out of the last five recessions
It's basically a saying that people are always throwing out negative predictions that eventually come true, but that doesn't justify the excess false (poorly timed) predictions.
Re:Is the Airbnb Dream Dead?
by salad-tycoon on Friday August 11, 2023 @06:25AM
(#37087063)
“The sky has finally fallen. Always knew it would.” -Eeyore
I guess that’s one way of looking at it but if you can only profit in a record bull market with historically unprecedentedly-low interest rates it’s probably a sign that you don’t have a viable business concept.